NASDAQ$AVDL

Avadel Pharmaceuticals plc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Avadel reported Q4 2022 financial results, highlighted by progress towards potential LUMRYZ commercialization and strategic financing.

Avadel Pharmaceuticals reported a net loss of $27.5 million for the fourth quarter of 2022. The company is preparing for the potential commercial launch of LUMRYZ and secured $200 million in capital to support the launch.

  • Filed an amendment to the FDA requesting final approval for LUMRYZ.
  • Received FDA authorization to import LUMRYZ in advance of final approval decision.
  • Secured $200 million of capital to fund the launch of LUMRYZ and extended the maturity of $96.2 million of convertible notes to 2027.
  • Launch preparations are on track to support the U.S. commercial launch of LUMRYZ.

Headline financials

EPS (adj)

-$0.44

Previous: -$0.38-15.8%
R&D Expenses

$6.2M

No prior period
SG&A Expenses

$17M

No prior period
Free Cash Flow

-$15.4M

Previous: -$22.5M+31.7%
Net Income

-$27.5M

Previous: -$22.3M-23.3%
Operating Income

-$23M

Previous: -$23.1M+0.3%
Cash & Equivalents

$96.5M

Previous: $157M-38.6%
Total Assets

$133M

Previous: $247M-46.3%
Stock-Based Comp

$1.93M

Previous: $2.78M-30.8%

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

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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