NASDAQ$YMAB

Y-mAbs Therapeutics Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Y-mAbs reported increased DANYELZA net revenues and progress in pipeline development.

Y-mAbs reported a net revenue increase of 228% compared to Q4 2021, driven by DANYELZA sales and license revenue. The company also implemented a restructuring plan and anticipates a reduction in annual operating expenses for 2023.

  • Reported record DANYELZA net revenues of $16.4 million in Q4 2022, a 31% sequential increase.
  • DANYELZA was conditionally approved in China, with a planned launch in the first half of 2023.
  • Implemented a restructuring plan with a 35% reduction in force and an anticipated 28% reduction in annual operating expenses for 2023.
  • Cash and cash equivalents totaled $105.8 million as of December 31, 2022, expected to support business operations into Q1 2026.

Headline financials

Total Revenue

$31.4M

Previous: $9.6M+227.6%
EPS (adj)

$0.03

Previous: -$0.85+103.5%
Net Income

$1.2M

Previous: -$36.9M+103.3%
Operating Income

$700K

Previous: -$35.8M+102.0%
Gross Profit

$29.4M

Previous: $8.14M+261.6%
Cash & Equivalents

$106M

Previous: $182M-41.7%
Total Assets

$141M

Previous: $213M-33.5%
Stock-Based Comp

$3.54M

Previous: $4.91M-27.9%

Revenue & EPS history

Y-mAbs · Revenue · Quarterly

$31.4M

Q4 2022+227.6%vs Q4 2021
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

Management reiterated its 2023 financial guidance.

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

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