NASDAQ$YMAB

Y-mAbs Therapeutics Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Y-mAbs reported a 13% increase in Q4 2024 revenue, driven by growth in international sales and licensing revenue.

Y-mAbs' Q4 2024 revenue increased 13% year-over-year to $26.5 million, supported by international DANYELZA sales and a $2 million licensing payment. However, net loss widened to $6.8 million due to increased operating expenses and reduced gross profit margin. The company continues to expand its radiopharmaceutical business while strengthening the DANYELZA franchise.

  • Q4 2024 revenue increased 13% year-over-year to $26.5 million.
  • Net loss widened to $6.8 million, compared to a $1.0 million loss in Q4 2023.
  • International DANYELZA sales surged 78% year-over-year to $7.7 million.
  • Signed exclusive license agreement with Nobelpharma for DANYELZA in Japan.

Headline financials

Total Revenue

$26.5M

Previous: $23.4M+13.4%
EPS (adj)

-$0.15

Previous: -$0.02-650.0%
Capital Expenditures

$0.00

Previous: $0.00
Net Income

-$6.79M

Previous: -$1M-579.0%
Operating Income

-$5.94M

Previous: -$12.1M+50.9%
Gross Profit

$18.9M

Previous: $21.4M-11.9%
R&D Expense

$12.2M

Previous: $13.4M-8.8%

Revenue & EPS history

Y-mAbs · Revenue · Quarterly

$26.5M

Q4 2024+13.4%vs Q4 2023
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

Y-mAbs expects full-year 2025 revenue to range between $75 million and $90 million, with increased investments in radiopharmaceutical development and commercial expansion.

Tailwinds

  • Projected 2025 revenue between $75M and $90M.
  • Continued global expansion of DANYELZA with new licensing deals.
  • Increased focus on radiopharmaceutical pipeline with ongoing clinical trials.
  • Stable U.S. DANYELZA revenue despite market competition.
  • Cost management efforts expected to extend cash runway into 2027.

Headwinds

  • Declining U.S. DANYELZA revenue due to pricing and competition.
  • Increased operating costs from new business realignment strategy.
  • Potential pricing pressures in international markets.
  • Higher R&D spending required for radiopharmaceutical programs.
  • Uncertain regulatory timelines for new pipeline products.

Historical earnings impact

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

Avg. return before/after earnings

Based on 5 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+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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