NASDAQ$YMAB

Y-mAbs Therapeutics Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Y-mAbs reported increased DANYELZA net product revenues and reduced research and development expenses.

Y-mAbs reported a net loss of $1.0 million for Q4 2023, with DANYELZA net product revenues reaching $23.4 million, a 42% increase compared to the same period in 2022. The company's cash and cash equivalents were approximately $78.6 million as of December 31, 2023, expected to support operations into 2027.

  • DANYELZA net product revenues were $23.4 million, a 42% increase year-over-year.
  • Research and development expenses decreased by 32% compared to the same quarter in the previous year.
  • Net loss for the quarter was $1.0 million, compared to net income of $1.2 million in Q4 2022, which included $15.0 million of license revenue.
  • Cash and cash equivalents totaled $78.6 million as of December 31, 2023.

Headline financials

Total Revenue

$23.4M

Previous: $31.4M-25.7%
EPS (adj)

-$0.02

Previous: $0.03-166.7%
Capital Expenditures

$0.00

No prior period
Free Cash Flow

-$8.04M

No prior period
Net Income

-$1M

Previous: $1.2M-183.3%
Operating Income

-$12.1M

Previous: $700K-1828.6%
Gross Profit

$21.4M

Previous: $29.4M-27.3%
R&D Expense

$13.4M

No prior period
Stock-Based Comp

$3.12M

Previous: $3.54M-11.7%

Revenue & EPS history

Y-mAbs · Revenue · Quarterly

$23.4M

Q4 2023-25.7%vs Q4 2022
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

Y-mAbs expects its cash and cash equivalents, together with anticipated DANYELZA product revenues, to support operations as currently planned into 2027.

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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