NASDAQ$DERM

Journey Medical Corp · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Journey Medical returned to profitability in Q4 2024 with a strong quarter driven by cost control and pre-launch activities for Emrosi.

Journey Medical posted a surprise profit in Q4 2024, reversing previous losses. Revenue came in at $13.6M and the company reported net income of $1.5M, helped by lower R&D spend and tight SG&A management. The Emrosi launch remains a key catalyst for 2025.

  • Journey posted net income of $1.5M in Q4 2024, reversing prior losses.
  • Revenue for Q4 was $13.6M, bringing full-year revenue to $56.1M.
  • Emrosi received FDA approval and began initial distribution in Q4.
  • Cost management and lower R&D spend contributed to positive EPS.

Headline financials

Total Revenue

$13.6M

Previous: $15.3M-10.9%
EPS (adj)

$0.08

Previous: -$0.12+166.7%
Net Income

$1.5M

Previous: -$2.14M+170.0%

Revenue & EPS history

Journey Medical · Revenue · Quarterly

$13.6M

Q4 2024-10.9%vs Q4 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

Journey expects to accelerate revenue growth in 2025 following the commercial launch of Emrosi, targeting sustainable profitability.

Tailwinds

  • FDA approval of Emrosi expected to drive revenue in 2025
  • Initial Emrosi prescriptions already filled in Q4
  • Q4 marked a return to net profitability
  • Full promotional push for Emrosi planned in April 2025
  • Cost structure optimized for launch readiness

Headwinds

  • FY revenue declined 29% YoY due to lower royalties and legacy product erosion
  • Higher rebate costs continue to impact product revenue margins
  • Cash position decreased $7.1M YoY
  • Dependence on successful Emrosi launch to sustain momentum
  • Some legacy dermatology products face ongoing volume pressure

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-2.3%

Avg return

Earnings day

-1.3%

Avg return

5 days after

+3.7%

Avg return

30 days after

41%

9 / 22 earnings

Positive

+22.0%

Q1 2025

Best reaction

-26.8%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.0%+24.4%
Q4 2025-26.8%-31.3%-24.6%
Q3 2025-15.3%-12.4%-15.5%
Q1 2025+22.0%+15.2%+13.6%
Q4 2024-3.6%-2.8%+21.7%
Q3 2024-8.2%-7.5%-9.3%
Q2 2024-3.2%-11.0%-3.8%
Q1 2024+2.8%-1.7%+69.2%
Q4 2023-14.1%-3.9%-9.4%
Q3 2023+15.7%+14.8%+105.5%
Q2 2023+14.0%+4.7%+21.5%
Q1 2023-10.1%-23.2%+44.9%
Q4 2022+3.1%+13.1%+26.3%
Q3 2022-8.7%-9.2%-27.2%
Q2 2021-4.3%-7.0%-30.1%
Q2 2022-4.3%-7.0%-30.1%
Q1 2022-12.3%+5.1%+0.8%
Q1 2021-12.3%+5.1%+0.8%
Q4 2021+5.4%+6.1%-1.8%
Q3 2020+3.4%-0.1%-24.3%
Q4 2020+3.4%-0.1%-24.3%
Q3 2021+0.0%+0.0%-25.5%
Q2 2020
Q1 2020
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014

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