NASDAQ$RLMD

Relmada Therapeutics Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Relmada Therapeutics, Inc. reported its Q1 2025 earnings with a net loss of $17.56 million and negative operating cash flows of $18.07 million.

Relmada Therapeutics, Inc. reported a net loss of $17.56 million for the three months ended March 31, 2025, with total operating expenses of $18.22 million. The company's cash and cash equivalents decreased significantly, raising substantial doubt about its ability to continue as a going concern.

  • Net loss for Q1 2025 was $17.56 million, an improvement from $21.83 million in Q1 2024.
  • Operating expenses decreased to $18.22 million in Q1 2025 from $22.99 million in Q1 2024, primarily due to winding down REL-1017 studies.
  • The company reported negative cash flows from operations of $18.07 million for Q1 2025.
  • Relmada acquired Sepranolone and in-licensed NDV-01, diversifying its pipeline and terminating the psilocybin program.

Headline financials

Total Revenue

$0.00

Previous: $53.1K-100.0%
EPS (adj)

-$0.58

Previous: -$0.72+19.4%
R&D Expense

$12M

No prior period
G&A Expense

$6.27M

No prior period
Cash Used in Operations

-$18.1M

No prior period
Shares Outstanding

33.2M

No prior period
Net Income

-$17.6M

Previous: -$21.8M+19.6%
Operating Income

-$18.2M

Previous: -$23M+20.7%

Revenue & EPS history

Relmada · Revenue · Quarterly

$0

Q1 2025-100%vs Q1 2024

Forward guidance

Relmada Therapeutics, Inc. is focused on advancing its NDV-01 and Sepranolone programs, with several key milestones anticipated over the next 12 months. The company acknowledges insufficient liquidity to sustain operations for one year and is evaluating financing strategies.

Tailwinds

  • Anticipated NDV-01 Six-month data from ongoing Phase 2 NMBIC Study in Mid 2025.
  • Expected NDV-01 Nine-month data from ongoing Phase 2 NMBIC Study in 3rd Quarter 2025.
  • Projected NDV-01 Twelve-month data from ongoing Phase 2 NMBIC Study by Year end 2025.
  • Anticipated NDV-01 United States Investigative New Drug clearance in 1st Half 2026.
  • Planned initiation of Sepranolone clinical trial in PWS in 1st Half 2026.

Headwinds

  • The company is projecting insufficient liquidity to sustain its operations through one year following the financial statements issuance date.
  • There is substantial doubt about the company's ability to continue as a going concern.
  • No assurances that additional financing will be secured or be sufficient to meet needs on favorable terms.
  • The REL-1017 program has been paused pending comprehensive data review, with uncertainty regarding its future.
  • The psilocybin development program has been terminated, ceasing all related obligations.

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 Q1 2025

Historical avgQ1 2025

-1.6%

Avg return

Earnings day

-1.4%

Avg return

5 days after

+3.2%

Avg return

30 days after

35%

15 / 43 earnings

Positive

+10.8%

Q4 2024

Best reaction

-29.0%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-2.0%-12.5%
Q1 2026+1.2%-6.1%-11.4%
Q3 2025+1.8%+7.7%+4.6%
Q2 2025-2.5%-5.6%+174.1%
Q1 2025+6.6%+33.4%+53.6%
Q4 2024+10.8%-5.1%+33.2%
Q3 2024-3.5%-2.9%-86.5%
Q2 2024-29.0%-29.0%-25.9%
Q1 2024-0.5%-7.6%-22.8%
Q4 2023-19.6%-12.0%-22.1%
Q3 2023-2.0%-7.5%-16.1%
Q2 2023+3.0%+17.4%+34.5%
Q1 2023-9.2%-10.7%-19.0%
Q4 2022-3.0%+4.3%+12.8%
Q3 2022+10.4%+2.3%-53.5%
Q2 2022-0.7%-2.8%+8.9%
Q1 2022-12.4%-18.5%-20.1%
Q4 2021+7.5%+10.4%+4.9%
Q3 2021-8.2%-12.0%-24.4%
Q2 2021+4.8%+0.6%+13.6%
Q1 2021-4.1%+0.0%-10.9%
Q4 2020-10.4%-7.4%+4.3%
Q3 2020+0.0%+8.3%+0.9%
Q2 2020-0.3%+7.7%+0.0%
Q1 2020+9.6%+8.5%+12.6%
Q4 2019-0.1%-1.7%+19.7%
Q3 2019-3.0%-5.1%+29.9%
Q2 2019-4.0%-8.5%+106.8%
Q1 2019+0.0%+1.7%+13.9%
Q3 2018+5.1%+2.6%-1.7%
Q1 2018-5.0%+5.3%-13.3%
Q2 2018+0.0%-2.1%-3.5%
Q4 2017+4.7%+4.7%-11.0%
Q3 2017-2.0%-2.0%-20.6%
Q2 2017-8.6%-4.8%-32.9%
Q1 2017+7.4%+0.0%-19.3%
Q3 2016-17.8%
Q2 2016+2.7%
Q1 2016-1.1%
Q3 2015-2.5%
Q2 2014+4.2%
Q3 2014-4.6%
Q1 2015+5.9%
Q4 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2011

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