NASDAQ$ADMA
ADMA Biologics Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
ADMA Biologics' Q1 2022 financial results were announced, showing significant revenue growth and strategic progress.
ADMA Biologics reported an 81% increase in total revenues for Q1 2022, reaching $29.1 million compared to $16.0 million in Q1 2021. The company is increasing full year 2022 total revenue guidance to $130 million or more from $125 million. The company's net loss for the quarter was $25.0 million, which includes $6.7 million in non-recurring charges.
- Total revenues for Q1 2022 reached $29.1 million, an 81% increase compared to Q1 2021.
- Gross margin was approximately 13% in Q1 2022, driven by a favorable product mix and supply chain efficiencies.
- ADMA is particularly encouraged with the continued physician adoption and utilization of its proprietary immune globulin product ASCENIV.
- The FDA approved extending the expiration dating from 24 to 36 months for both ASCENIV and BIVIGAM drug products.
Headline financials
Revenue & EPS history
ADMA Biologics · Revenue · Quarterly
$29.1M
Forward guidance
ADMA Biologics increased its 2022 total revenue guidance to $130 million or more, upwardly revised from $125 million. The company reiterates expectations to grow revenues and gross profits and narrow net losses as 2022 progresses.
Tailwinds
- Increased 2022 total revenue guidance to $130 million or more.
- Expects to grow revenues and gross profits as 2022 progresses.
- Anticipates narrowing net losses as 2022 progresses.
- Company is on track to potentially generate $250 million in topline revenue in 2024, and $300 million thereafter.
- Anticipates potentially achieving 40-50% corporate gross margins and 20-30% net income margins in 2024-2025.
Headwinds
- Net loss for the quarter ended March 31, 2022 was $25.0 million.
- Net loss includes non-recurring charges from the extinguishment of debt related to the Hayfin debt transaction of $6.7 million.
- Net loss includes professional services fees of $1.3 million related to the strategic review process.
- There can be no assurance that the forward-looking statements included in this press release will prove to be accurate.
- Forward-looking statements are subject to many risks, uncertainties and other factors that could cause our actual results to differ materially from any future results expressed or implied by the forward-looking statements.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+2.5%
Avg return
Earnings day
+3.7%
Avg return
5 days after
+6.4%
Avg return
30 days after
50%
20 / 40 earnings
Positive
+39.4%
Q2 2024
Best reaction
-17.4%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.7% | -23.1% | -22.2% | |
| Q4 2025 | -3.6% | +4.5% | -41.0% | |
| Q3 2025 | -8.4% | +4.3% | +29.1% | |
| Q1 2025 | -10.2% | -15.8% | -12.7% | |
| Q4 2024 | +7.5% | +7.5% | +22.9% | |
| Q3 2024 | +15.0% | +10.7% | +0.8% | |
| Q2 2024 | +39.4% | +50.8% | +42.0% | |
| Q1 2024 | +28.4% | +33.5% | +52.6% | |
| Q4 2023 | -2.9% | +3.6% | +19.6% | |
| Q3 2023 | +3.8% | +1.4% | +0.5% | |
| Q2 2023 | +4.1% | +11.4% | -7.2% | |
| Q1 2023 | +14.1% | +20.7% | +10.1% | |
| Q4 2022 | +10.3% | +6.6% | +18.9% | |
| Q3 2022 | +20.7% | +26.8% | +36.0% | |
| Q2 2022 | +9.9% | +18.7% | +40.4% | |
| Q1 2022 | +4.3% | +16.1% | +20.5% | |
| Q4 2021 | +11.6% | +25.3% | +36.3% | |
| Q3 2021 | +12.0% | +9.2% | -6.3% | |
| Q2 2021 | -1.9% | -6.5% | -22.7% | |
| Q1 2021 | -6.4% | +0.0% | +5.2% | |
| Q4 2020 | -8.6% | -13.6% | -4.0% | |
| Q3 2020 | -10.7% | -15.0% | -6.5% | |
| Q2 2020 | -15.1% | -9.8% | -34.1% | |
| Q1 2020 | -17.4% | -15.8% | -6.2% | |
| Q4 2019 | -6.5% | -13.4% | +18.2% | |
| Q3 2019 | -12.1% | -14.6% | -16.0% | |
| Q2 2019 | +3.9% | +15.2% | +40.3% | |
| Q1 2019 | +7.7% | -1.0% | -21.3% | |
| Q4 2018 | +0.0% | +7.9% | +25.4% | |
| Q3 2018 | -8.7% | -11.3% | -17.7% | |
| Q2 2018 | -4.1% | -6.5% | +0.3% | |
| Q1 2018 | +5.8% | +9.0% | -4.0% | |
| Q4 2017 | -0.3% | +10.5% | +26.8% | |
| Q3 2017 | -6.8% | -2.0% | +35.1% | |
| Q2 2017 | +1.7% | +4.8% | +17.9% | |
| Q1 2017 | +0.7% | -8.3% | -18.4% | |
| Q4 2016 | -0.6% | -5.0% | +0.8% | |
| Q3 2016 | +17.9% | +17.0% | -3.3% | |
| Q2 2016 | +6.4% | -9.2% | -7.2% | |
| Q4 2014 | +0.0% | — | — | |
| Q2 2013 | — | — | — | |
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| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — | |
| Q4 2011 | — | — | — | |
| Q3 2011 | — | — | — | |
| Q2 2011 | — | — | — | |
| Q1 2011 | — | — | — | |
| Q4 2010 | — | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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