NASDAQ$IMVT

Immunovant Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Immunovant reported corporate updates and financial results for the first quarter ended June 30, 2024.

Immunovant reported a net loss of $87.2 million for the quarter ended June 30, 2024. As of June 30, 2024, cash and cash equivalents totaled approximately $560 million. The company completed enrollment in the batoclimab pivotal Myasthenia Gravis (MG) trial and progressed the development of IMVT-1402.

  • Completed enrollment in batoclimab pivotal Myasthenia Gravis (MG) trial; top-line results and initiation of a potentially registrational program for IMVT-1402 on track for fiscal year end (March 31, 2025).
  • Progressed development of lead asset IMVT-1402 with 3 Investigational New Drug (IND) applications expected to be active by calendar year end (December 31, 2024).
  • Progressed Graves’ disease (GD) program and on track to disclose additional results from the batoclimab study in GD as well as an overview of our development program for IMVT-1402 in GD in the fall of 2024.
  • As of June 30, 2024, Immunovant’s cash and cash equivalents totaled approximately $560 million.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.60

Previous: -$0.57-5.3%
G&A Expenses

$18.8M

Previous: $15.4M+22.1%
Stock-Based Compensation

$13.5M

No prior period
Research and development expenses

$75.5M

Previous: $50.6M+49.2%
Capital Expenditures

-$182K

Previous: $45K-504.4%
Net Income

-$87.2M

Previous: -$73.9M-17.9%
Operating Income

-$94.3M

No prior period
Gross Profit

-$80K

No prior period
R&D Expense

$75.5M

No prior period
Stock-Based Comp

$13.5M

Previous: $10.7M+25.9%

Revenue & EPS history

Immunovant · Revenue · Quarterly

$0

Q1 2025
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.6%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+3.3%

Avg return

30 days after

54%

15 / 28 earnings

Positive

+35.1%

Q4 2027

Best reaction

-34.6%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2027+35.1%+29.9%+34.5%
Q3 2026+12.4%+7.8%+10.8%
Q2 2026+0.0%+1.7%+0.9%
Q1 2026-4.5%-1.6%+4.8%
Q4 2025-0.2%+3.0%+8.1%
Q3 2025-9.6%-14.1%-11.1%
Q2 2025-2.5%-6.8%-8.9%
Q1 2025+1.0%+9.4%+25.9%
Q4 2024-7.1%-11.3%-7.1%
Q3 2024+4.0%+4.6%-10.4%
Q2 2024-2.3%+4.7%+17.4%
Q1 2024+7.4%-1.9%+11.5%
Q4 2023+4.9%-0.8%-5.1%
Q3 2023+0.7%+2.0%-6.9%
Q2 2023+6.3%-2.1%+23.2%
Q1 2023+19.4%+24.7%+23.7%
Q4 2022-12.6%-20.4%+0.2%
Q3 2022-2.7%-2.5%-8.8%
Q2 2022+1.1%-0.3%-12.8%
Q1 2022+4.4%+1.7%+15.5%
Q4 2021-34.6%-34.5%-25.0%
Q3 2021-13.6%-18.6%-25.0%
Q2 2021+3.1%+7.3%-4.0%
Q1 2021+3.7%+2.3%+40.2%
Q4 2020-11.0%-13.5%-14.2%
Q3 2020+12.5%+13.2%+1.3%
Q2 2020+0.1%+0.1%+13.9%
Q1 2020+0.0%+0.0%+0.6%
Q3 2019
Q2 2018
Q1 2018

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