NASDAQ$IMCR

Immunocore Holdings plc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Immunocore's Q4 2024 financial results were released, featuring KIMMTRAK sales growth and pipeline advancements.

Immunocore reported Q4 2024 financial results, highlighted by $84.1 million in KIMMTRAK net sales. The company progressed its clinical pipeline and expanded into autoimmune diseases, supported by a strong cash position.

  • KIMMTRAK Q4 net sales reached $84.1 million, with $310.0 million for the full year 2024.
  • Continued KIMMTRAK lifecycle management with Phase 3 trials in additional melanoma indications.
  • Advanced PRAME portfolio, including the first patient randomized in Phase 3 PRISM-MEL-301.
  • First patient dosed in Phase 1/2 trial of IMC-R117C (PIWIL1) in colorectal and other gastrointestinal cancers.

Headline financials

Total Revenue

$84.1M

Previous: $70.8M+18.8%
EPS (adj)

-$0.47

Previous: -$0.40-17.5%
KIMMTRAK Net Sales

$84.1M

No prior period
R&D Expenses

$60.9M

No prior period
SG&A Expenses

$42.3M

No prior period
Capital Expenditures

-$3.58M

Previous: $766K-567.2%
Net Income

-$23.8M

Previous: -$19.7M-20.5%
Operating Income

-$19.5M

Previous: -$17.1M-14.1%
Gross Profit

$81.8M

Previous: $70.6M+15.9%
R&D Expense

$60.3M

Previous: $46M+31.2%

Revenue & EPS history

Immunocore · Revenue · Quarterly

$84.1M

Q4 2024+18.8%vs Q4 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

Immunocore anticipates continued growth in 2025, focusing on expanding KIMMTRAK's market presence and advancing its clinical pipeline.

Tailwinds

  • Expects incremental growth in metastatic uveal melanoma driven by further expansion into the U.S. community and additional launches.
  • Will continue to enroll patients in the Phase 3 TEBE-AM trial for advanced cutaneous melanoma, with data expected in 2026.
  • Will continue to enroll patients in the Phase 3 ATOM trial for adjuvant uveal melanoma.
  • Will present initial Phase 1 multiple ascending dose HIV data for IMC-M113V in 1Q 2025.
  • CTA/IND on track for IMC-S118AI (type 1 diabetes candidate) in 2H 2025.

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 Q4 2024

Historical avgQ4 2024

-0.3%

Avg return

Earnings day

+0.9%

Avg return

5 days after

-1.2%

Avg return

30 days after

48%

10 / 21 earnings

Positive

+8.3%

Q3 2023

Best reaction

-11.0%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.6%+0.0%-2.1%
Q4 2025-4.8%-3.0%-12.6%
Q3 2025-3.2%+9.7%+21.5%
Q1 2025+6.3%+5.3%+32.8%
Q4 2024+5.3%-1.1%+1.3%
Q3 2024+4.0%+5.0%-4.5%
Q2 2024+0.8%+1.7%-9.5%
Q1 2024-1.9%-6.6%-31.7%
Q4 2023-4.6%-7.2%-7.7%
Q3 2023+8.3%+4.6%+15.8%
Q2 2023-3.3%-5.9%-12.7%
Q1 2023-1.5%+3.2%-4.6%
Q4 2022-4.9%-5.1%-9.9%
Q3 2022+2.9%+13.7%+9.3%
Q2 2022+1.6%+5.8%-13.5%
Q1 2022-11.0%+2.7%+1.4%
Q4 2021-0.7%+7.5%+37.7%
Q3 2021+0.4%-0.2%-21.3%
Q2 2021-4.9%-9.5%-1.4%
Q1 2021-1.5%-9.4%-5.3%
Q4 2020+0.1%+6.8%-7.1%
Q3 2020
Q2 2020
Q1 2020
Q4 2019

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro