RFLNYSEPharmaceutical PreparationsUS GAAP · USD

Rafael Holdings, Inc.

Rafael Holdings, Inc. is a U.S.-based biotechnology and life sciences holding company focused on developing pharmaceuticals and medical devices through a portfolio of controlled and minority-owned subsidiaries. Its core assets include Trappsol® Cyclo™, a clinical-stage therapy for Niemann-Pick Disease Type C1, along with interests in cancer therapeutics, orthopedic devices, and an infusion-technology business. The company also retains a small real estate interest in Jerusalem, Israel.

Liikevaihto0,9milj. USD
+44,0 %v/v
Liikevoitto (EBIT)−29,2milj. USD
+71,6 %v/v
EBIT-marginaali−3 179,8%
+12 931,2 %-yks.v/v
Nettotulos−30,5milj. USD
+11,3 %v/v
Vapaa kassavirta−18,9milj. USD
−138,2 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−125−100−75−50−25025milj. USD2020: 4,9 milj. USD2020: EBIT −8,5 milj. USD20202021: 4,0 milj. USD2021: EBIT −30 milj. USD20212022: 0,41 milj. USD2022: EBIT −60 milj. USD20222023: 0,28 milj. USD2023: EBIT −15 milj. USD20232024: 0,64 milj. USD2024: EBIT −103 milj. USD20242025: 0,92 milj. USD2025: EBIT −29 milj. USD20250,92−29
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Clinical-stage pharmaceuticals55 %

Development of Trappsol® Cyclo™ and other drug candidates for rare disease and oncology.

Research product sales20 %

Sales of cyclodextrin products and related research materials used by laboratories and manufacturers.

Medical devices5 %

Orthopedic-focused devices and instruments intended to support minimally invasive procedures.

Infusion technology10 %

Technology and licensing activities tied to Unlokt™ and related manufacturing applications.

Real estate10 %

Residual ownership interest in a commercial building in Jerusalem, Israel.

Asiakkaat

Customers include research buyers of cyclodextrin products, clinical and commercial partners in pharmaceutical development, and manufacturers using Day Three's technology applications. The healthcare portfolio also serves patients indirectly through drug development programs and hospitals or surgeons through medical device commercialization. A small number of customers account for a large share of revenue, especially in the research-product stream.

Research product customers

Buy cyclodextrin products for research purposes and related applications; they value product availability and supply continuity.

Clinical development stakeholders

Include trial sites, collaborators, and future commercial partners supporting Trappsol® Cyclo™ and other drug candidates.

Medical device users and distributors

Hospitals, surgeons, and channel partners that would use or distribute orthopedic instruments for minimally invasive procedures.

Manufacturing and technology customers

Third-party manufacturers using Day Three's technology to improve product formulations and process outcomes.

Real estate counterparties

Tenants or users associated with the Jerusalem commercial building interest.

Strategia

The company’s central strategy is to advance Trappsol® Cyclo™ through pivotal clinical development and, if successful, move toward regulatory approval and commercialization. It also seeks to preserve optionality through majority and minority investments in clinical-stage pharmaceuticals, medical devices, and technology-enabled businesses while concentrating resources on core assets. Opportunistic investments in high-unmet-need therapeutics remain part of the portfolio approach.

Complete Trappsol® Cyclo™ clinical developmentLyhyt aikaväli

The lead asset is the main value driver and the clearest path to future commercialization.

Focus capital on core healthcare holdingsKeskipitkä aikaväli

The company manages multiple subsidiaries and needs to direct resources toward the most promising programs.

Build value through selective strategic investmentsPitkä aikaväli

The holding-company structure allows participation in additional therapeutics and device opportunities.

Maantiede

Rafael Holdings is headquartered in Newark, New Jersey, and its operating footprint spans the United States, Israel, and other markets tied to suppliers and clinical or manufacturing activity. The company’s portfolio includes a commercial building interest in Jerusalem and product sourcing relationships in the U.S., Japan, China, and Europe. That mix creates exposure to cross-border regulation, supply chains, and currency movements.

Riskit

Rafael Holdings is exposed to clinical, regulatory, financing, and concentration risks typical of early-stage biotech and medical-device businesses. Its revenue base is narrow, dependent on a small number of customers and third-party suppliers, while success depends heavily on clinical trial outcomes and the ability to fund later-stage development and commercialization. Cross-border sourcing and operations also create foreign-exchange and supply-chain risk.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Clinical and regulatory failure1Need for additional capital2Customer concentration3Supplier dependence4Foreign exchange and cross-border disruption5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Clinical and regulatory failureVaikutus: KriittinenTodennäköisyys: Kohtalainen

    Drug candidates may not meet efficacy, safety, or approval standards.

    Kohdistuu: Phase 3 trial and regulatory filing for Trappsol® Cyclo™

  2. Need for additional capitalVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Late-stage clinical development and potential commercialization require substantial funding.

    Kohdistuu: Trappsol® Cyclo™ and broader portfolio development

  3. Customer concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A small number of customers account for a substantial portion of revenue.

    Kohdistuu: Cyclodextrin research product sales

  4. Supplier dependenceVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company relies on third-party suppliers and manufacturers for key inputs and production.

    Kohdistuu: Trappsol® products and Aquaplex® products

  5. Foreign exchange and cross-border disruptionVaikutus: KeskitasoTodennäköisyys: Korkea

    Purchases and operations span multiple countries and currencies.

    KohdistuuU.SJapanChinaEuropeIsrael

Kirjanpito

Harkinnanvaraiset erät
Research and development expense

Clinical trial and development costs are a major operating expense and can vary with trial activity.

Vaikutus: Affects operating loss and comparability across periods

Consolidation of subsidiaries

Acquisitions and controlling interests change which businesses are included in the financial statements.

Vaikutus: Can materially alter revenue, expenses, and segment mix

Impairment of long-lived assets

The company holds operating assets and investments that may need write-downs if values decline.

Vaikutus: Could create non-cash charges and reduce carrying values

Fair value measurements

Investments and acquired interests may require valuation judgments.

Vaikutus: Can affect gains, losses, and balance-sheet carrying amounts

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Rafael Holdings, Inc. (RFL) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo