NASDAQ$ADMA

ADMA Biologics Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported financial results for the third quarter and nine months ended September 30, 2020, and provided an overview of recent progress and accomplishments.

ADMA Biologics reported a 42% increase in revenue for the third quarter of 2020, reaching $10.3 million, driven by the commercial ramp-up of BIVIGAM and ASCENIV and a manufacturing supply agreement. However, the company experienced a net loss of $16.9 million, primarily due to increased costs of product revenue, selling, general, and administrative expenses, and research and development expenses.

  • Total revenues for Q3 2020 were $10.3 million, a 42% increase compared to Q3 2019.
  • The revenue growth was impacted by the continued commercial ramp up of BIVIGAM and ASCENIV, and by the manufacturing and supply agreement to produce and sell intermediate fractions.
  • Consolidated net loss for Q3 2020 was $16.9 million, or $(0.19) per basic and diluted share.
  • ADMA had cash and cash equivalents of $59.7 million as of September 30, 2020.

Headline financials

Total Revenue

$10.3M

Previous: $7.22M+42.3%
EPS (adj)

-$0.19

Previous: -$0.19+0.0%
Capital Expenditures

-$9.13M

Previous: -$2.22M-311.6%
Free Cash Flow

-$26M

Previous: -$13.7M-90.7%
Net Income

-$16.9M

Previous: -$11.4M-47.9%
Operating Income

-$13.8M

Previous: -$9.05M-52.5%
Gross Profit

-$1.58M

Previous: -$694K-127.6%
Cash & Equivalents

$59.7M

Previous: $48M+24.3%
Total Assets

$190M

Previous: $138M+37.9%
Stock-Based Comp

$775K

No prior period

Revenue & EPS history

ADMA Biologics · Revenue · Quarterly

$10.3M

Q3 2020+42.3%vs Q3 2019
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

The company anticipates a strong fourth quarter and expects considerable growth in the second half of 2020 versus the first half.

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 Q3 2020

Historical avgQ3 2020

+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

Earnings price reactions
QuarterReport dateReaction (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
Q1 2013
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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