NASDAQ$YMAB

Y-mAbs Therapeutics Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported third quarter financial results and recent corporate developments.

Y-mAbs reported net revenues of $9.0 million for the quarter ended September 30, 2021 related to sales of DANYELZA. The company ended the quarter with a cash balance of $215.7 million.

  • DANYELZA commercialization throughout the U.S continue to impress, as sales volume ex-MSK increased by 49% quarter over quarter.
  • Resubmission of the omburtamab BLA is progressing as planned and the company has requested a pre-BLA meeting with the aim of initiating a resubmission the BLA shortly thereafter.
  • The company plans to submit the IND for its GD2-SADA construct in December.
  • The company ended the quarter with a cash balance of $215.7 million.

Headline financials

Total Revenue

$8.97M

No prior period
EPS (adj)

-$0.66

Previous: -$0.82+19.5%
Capital Expenditures

$71K

Previous: $103K-31.1%
Free Cash Flow

-$18.1M

Previous: -$24.2M+25.2%
Net Income

-$28.9M

Previous: -$32.8M+11.9%
Operating Income

-$34.1M

Previous: -$32.6M-4.6%
Gross Profit

$8.42M

No prior period
Cash & Equivalents

$216M

Previous: $131M+64.3%
Total Assets

$240M

Previous: $143M+67.6%
Stock-Based Comp

$4.9M

Previous: $3.13M+56.4%

Revenue & EPS history

Y-mAbs · Revenue · Quarterly

$8.97M

Q3 2021
Beat estimate in 5 of 12 quarters(42%)
ActualEstimate

Forward guidance

The company plans to submit the IND for its GD2-SADA construct in December, and they expect to submit at least one SADA IND per year, partly from their own pipeline of SADA constructs, and partly through one or more partnerships, which they expect to enter into during the next 6-12 months.

Historical earnings impact

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

Avg. return before/after earnings

Based on 5 quarterly earnings reports

Historical avg

+2.2%

Avg return

Earnings day

-4.2%

Avg return

5 days after

-5.4%

Avg return

30 days after

36%

10 / 28 earnings

Positive

+54.6%

Q4 2022

Best reaction

-21.1%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025
Q2 2025+0.0%+0.0%+0.8%
Q1 2025-11.4%+0.2%+14.0%
Q4 2024-4.4%-0.4%-9.9%
Q3 2024-4.4%-15.2%-32.3%
Q2 2024-3.5%+9.4%+18.4%
Q1 2024-21.1%-25.4%-28.7%
Q4 2023+14.5%+2.0%-0.2%
Q3 2023+6.1%
Q2 2023-5.0%
Q1 2023+33.6%
Q4 2022+54.6%
Q3 2022+15.4%
Q2 2022-5.6%
Q1 2022+13.2%
Q4 2021+12.9%
Q3 2021-19.7%
Q2 2021-17.8%
Q1 2021+20.8%
Q4 2020-3.6%
Q3 2020-3.0%
Q2 2020-1.6%
Q1 2020+14.4%
Q4 2019-8.7%
Q3 2019-1.6%
Q2 2019+2.4%
Q1 2019-9.9%
Q4 2018-4.4%
Q3 2018-1.1%
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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