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Summit Therapeutics SMMT Business Segments — Other operating income, net

Discontinued — last reported Q4 '24

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MEDPReportable Segment — Miscellaneous income (expense), net
$971K+153%

Other financials

Income statement

See full
Revenue-
Operating income-$65.6M-81.2%
Net income-$189.4M-201%
EPS (diluted)-$0.24-167%

Balance sheet

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Cash & equivalents$8.2M+7.2%
Total debt$20.0M+211%
Total equity$545.9M+58.5%
Total assets$647.9M+68.8%

Cash flow

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Operating cash flow-$122.3M-99.9%
CapEx$245.0K-41.9%
Free cash flow-$122.5M-99.0%

Valuation

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Market cap$10.67B+3.3%
Enterprise value$10.68B+3.4%

Profitability

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Operating margin-268,266.8%-272,316pp
Net margin-271,685%-275,966pp
FCF margin-5,931.6%+4,730pp

Returns & leverage

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Return on equity-271%-1,725pp
Debt / equity0.0×
Current ratio7.4×-3.2×

Where this comes from

Reported directly by Summit Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:OtherOperatingIncomeExpenseNet.

The official record: Summit Therapeutics’s 10-K, filed February 24, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Summit Therapeutics's business segments — other operating income, net?
Summit Therapeutics (SMMT) reported business segments — other operating income, net of $78.25K in Q4 2024.
How has Summit Therapeutics's business segments — other operating income, net changed year-over-year?
Summit Therapeutics's business segments — other operating income, net decreased by 68.7% year-over-year, from $250.25K to $78.25K.
What is the long-term trend for Summit Therapeutics's business segments — other operating income, net?
Over 2 years (2022 to 2024), Summit Therapeutics's business segments — other operating income, net has grown at a -85.3% compound annual growth rate (CAGR), from $14.42M to $313K.
What does business segments — other operating income, net mean?
The net total of miscellaneous income and expenses generated by the segment from non-core business activities.
How do you interpret business segments — other operating income, net?
An increase indicates higher secondary income or lower incidental costs, while a decrease suggests reduced non-core gains or higher incidental expenses.
How does business segments — other operating income, net compare across companies?
Similar to 'Other Operating Income' or 'Miscellaneous Income' found in the segment reporting of other biopharmaceutical firms, often reflecting R&D grants or collaborative reimbursements.