NASDAQ$AVDL

Avadel Pharmaceuticals plc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Announced fourth quarter and full year 2021 financial results and provided a corporate update.

Avadel Pharmaceuticals reported a net loss of $22.3 million for the fourth quarter of 2021. The company is focused on the FDA review for FT218 and preparing for its potential commercial launch.

  • FDA review of NDA for FT218 is ongoing, with commercial and launch preparations on track.
  • Expanded data portfolio supporting FT218's impact on narcolepsy with presentations at World Sleep 2022.
  • Appointed Dr. Douglas Williamson as Chief Medical Officer and Brandi Robinson as Senior Vice President, Corporate Affairs.
  • Extended the maturity on $117.4 million of convertible notes to October 2, 2023.

Headline financials

EPS (adj)

-$0.38

Previous: -$0.19-100.0%
Free Cash Flow

-$22.5M

Previous: -$19.2M-17.3%
Net Income

-$22.3M

Previous: -$11.3M-97.3%
Operating Income

-$23.1M

Previous: -$14.3M-62.0%
Cash & Equivalents

$157M

Previous: $221M-29.0%
Total Assets

$247M

Previous: $312M-20.7%
Stock-Based Comp

$2.78M

Previous: $1.29M+115.1%

Revenue & EPS history

Avadel · Revenue · Quarterly

$77.5M

Q3 2025+54.9%vs Q3 2024
Beat estimate in 4 of 10 quarters(40%)
ActualEstimate

Revenue by segment

Avadel · $7M total across 1 segment · Q3 2023

  • LUMRYZ Net Product Revenue
    $7M

Forward guidance

Avadel Pharmaceuticals is focused on completing the FDA review for FT218 and preparing for its potential commercial launch.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 8 quarterly earnings reports

Historical avg

-1.2%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+2.3%

Avg return

30 days after

44%

28 / 64 earnings

Positive

+22.2%

Q4 2020

Best reaction

-26.3%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025+0.4%-1.0%+12.9%
Q2 2025+14.7%+20.7%+42.0%
Q1 2025+9.1%+10.5%+12.1%
Q4 2024-4.6%+0.1%-5.6%
Q3 2024-26.3%-33.1%-34.9%
Q2 2024-3.7%+0.8%-9.9%
Q1 2024-12.9%-7.8%-16.9%
Q4 2023+15.2%+19.2%+18.7%
Q3 2023+6.9%
Q2 2023-0.6%
Q1 2023+5.4%
Q4 2022+3.0%
Q3 2022-0.3%
Q2 2022+13.2%
Q1 2022-5.0%
Q4 2021+4.7%
Q3 2021+7.3%
Q2 2021-3.4%
Q1 2021+1.1%
Q4 2020+22.2%
Q3 2020+11.7%
Q2 2020-7.4%
Q1 2020-2.5%
Q4 2019-24.8%
Q3 2019-2.7%
Q2 2019-11.4%
Q1 2019-3.3%
Q4 2018-15.0%
Q3 2018-25.6%
Q2 2018-11.5%
Q1 2018+4.0%
Q4 2017-11.0%
Q3 2017-1.3%
Q2 2017-5.2%
Q1 2017+1.6%
Q4 2016+6.0%
Q3 2016-2.8%
Q3 2015-2.8%
Q2 2016+1.0%
Q1 2016+1.4%
Q4 2015+1.6%
Q2 2015-10.8%
Q1 2015+6.0%
Q4 2014-0.3%
Q3 2014+0.2%
Q2 2014+1.3%
Q1 2013+3.4%
Q1 2014+3.4%
Q4 2013+2.3%
Q3 2012-1.2%
Q3 2013-1.2%
Q2 2013-5.0%
Q4 2012+1.4%
Q2 2011+6.0%
Q2 2012+6.0%
Q1 2011-1.1%
Q4 2011-4.8%
Q4 2009-4.8%
Q4 2010-4.8%
Q1 2012-4.5%
Q3 2011-5.0%
Q3 2010-0.7%
Q2 2010-6.9%
Q1 2010-4.5%

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