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Companies / Healthcare / Journey Medical Corp
DERM

Journey Medical Corp

HealthcarePharmaceutical Preparations
Ticker DERMSCOTTSDALE, AZFiscal year ends DecemberBook value per share $1.17Diluted shares 27.4M

Journey Medical Corporation (Nasdaq Capital Market: JRNY) is a commercial-stage pharmaceutical company focused on acquiring, developing, and commercializing FDA-approved prescription pharmaceutical products for dermatological conditions. The company operates through its website at www.jmcderm.com and maintains a… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$61.86M
+10.2% year over year
Last 12 mo $68.18M
-13.21%
+11.2 percentage points
Last 12 mo -4.41%
$-11.43M
+22.1% year over year
Last 12 mo $-6.10M
-35.89%
+37.2 percentage points
Last 12 mo -19.01%
Cash & financing
$-12.44M
−36.3% year over year
Last 12 mo $-7.49M
$-12.44M
+48.4% year over year
Last 12 mo $-7.49M
0.79
Was 1.24× a year earlier
Last 12 mo 0.79
24.5M
+19.9% year over year
Last 12 mo 27.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Journey Medical Corp does

In the company’s own words

Journey Medical Corporation (Nasdaq Capital Market: JRNY) is a commercial-stage pharmaceutical company focused on acquiring, developing, and commercializing FDA-approved prescription pharmaceutical products for dermatological conditions. The company operates through its website at www.jmcderm.com and maintains a specialized distribution network of over 600 specialty pharmacies and wholesalers.

The company's current product portfolio comprises eight FDA-approved prescription drugs for dermatological conditions marketed in the United States. Its major actively marketed products include Emrosi, a minocycline hydrochloride extended-release capsule approved in November 2024 for treating inflammatory lesions of rosacea in adults; Qbrexza, a topical anticholinergic cloth for primary axillary hyperhidrosis; Accutane, an oral isotretinoin drug for severe recalcitrant nodular acne; Amzeeq, a topical minocycline foam for moderate-to-severe acne; and Zilxi, a topical minocycline foam for rosacea. The company also maintains a portfolio of legacy products including Exelderm for fungal skin infections, Targadox for severe acne, and Luxamend for wound healing.

Journey Medical operates with 58 full-time employees as of March 2026, with 39 in sales and marketing roles and 19 in general and administrative positions. The company employs a field sales force strategically optimized to cover over 80 percent of dermatologists in the top 50 U.S. metropolitan statistical areas and over 70 percent of the overall dermatology prescribing market.

The company's business model centers on identifying and acquiring rights to differentiated dermatology products through licensing agreements, asset purchases, and collaborations with third parties. Journey Medical generates revenue primarily from U.S. product sales, though it has begun supplying products internationally through sublicense agreements, including supplying Amzeeq to a partner in the People's Republic of China.

Journey Medical is a controlled subsidiary of Fortress Biotech, Inc., which holds a voting majority of the company's common stock through its ownership of all Class A Common Stock. The company joined the Russell 2000 Index and Russell 3000 Index in June 2025 following the annual reconstitution.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
SCOTTSDALE, AZ
Fiscal year end
December
CIK
1867066
SIC
2834

Financial performance, year by year

Fiscal 2021–2025 · USD
$-56.31M$-19.36M$17.59M$54.55M$91.50M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Journey Medical Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

37
funds hold it
0 of 35
superinvestors hold it
$23.55M
held by funds, at market
15.5%
of shares held by funds

Largest fund holders · Journey Medical Corp’s weight in each

Wasatch Micro Cap Fund
WMICX · WASATCH FUNDS TRUST
1.36%of fund net assets
Wasatch Micro Cap Value Fund
WAMVX · WASATCH FUNDS TRUST
1.44%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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