NASDAQ$IMVT

Immunovant Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported financial results for the quarter and fiscal year ended March 31, 2020, and announced plans for Phase 3 registrational trial of IMVT-1401 in Myasthenia Gravis.

Immunovant reported its financial results for the fiscal fourth quarter and fiscal year ended March 31, 2020. The company's cash balance as of June 29, 2020, is approximately $280.4 million. They've begun preparations to initiate a Phase 3 registrational trial of IMVT-1401 in MG.

  • Initiated preparations for a Phase 3 registrational trial of IMVT-1401 in Myasthenia Gravis (MG).
  • IMVT-1401's development program is based on a subcutaneous injection format.
  • Cash balance as of June 29, 2020, is approximately $280.4 million.
  • Announced positive clinical results from ASCEND GO-1, a Phase 2a trial of IMVT-1401 in Thyroid Eye Disease (TED).

Headline financials

Total Revenue

$926K

No prior period
EPS (adj)

-$0.38

No prior period
Net Income

-$20.6M

No prior period
Operating Income

-$20.5M

No prior period
Cash & Equivalents

$101M

No prior period

Revenue & EPS history

Immunovant · Revenue · Quarterly

$926K

Q4 2020

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 Q4 2020

Historical avgQ4 2020

+0.6%

Avg return

Earnings day

-1.7%

Avg return

5 days after

+2.2%

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%
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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