NASDAQ$ZVRA

Zevra Therapeutics Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported third quarter financial results and corporate updates.

KemPharm reported Q3 2021 revenue of $2.0 million and a net loss of $0.05 per basic share. Total cash and cash equivalents were $131.5 million as of September 30, 2021. The U.S. commercial launch of AZSTARYS® was initiated on July 21, 2021.

  • Richard W. Pascoe appointed as Executive Chairman.
  • Company uplisted to The Nasdaq Global Select Market.
  • U.S. commercial launch of AZSTARYS initiated on July 21, 2021.
  • AZSTARYS data presented at multiple medical conferences during ADHD Awareness Month.

Headline financials

Total Revenue

$1.97M

Previous: $1.93M+2.1%
EPS (adj)

-$0.06

Previous: -$0.68+91.2%
Capital Expenditures

-$85K

Previous: -$7K-1114.3%
Free Cash Flow

-$1.84M

Previous: -$3.02M+38.9%
Net Income

-$1.76M

Previous: -$3.01M+41.5%
Operating Income

-$2.22M

Previous: -$1.21M-83.2%
Gross Profit

$39K

Previous: $40K-2.5%
Cash & Equivalents

$132M

Previous: $5.27M+2396.7%
Total Assets

$137M

Previous: $11.2M+1124.4%
Stock-Based Comp

$620K

Previous: $385K+61.0%

Revenue & EPS history

Zevra · Revenue · Quarterly

$1.97M

Q3 2021+2.1%vs Q3 2020
Beat estimate in 4 of 11 quarters(36%)
ActualEstimate

Revenue by segment

Zevra · $39.7M total across 4 segments · Q2 2025

  • MIPLYFFA net revenue
    $30.2M—
  • French EAP arimoclomol
    $9M—
  • AZSTARYS license agreement
    $300K—
  • OLPRUVA net revenue
    $200K—

Forward guidance

KemPharm is focused on expanding its pipeline and commercialization capabilities, with the advancement of the SDX program and data from the ongoing SDX clinical trial expected before year-end.

Tailwinds

  • Continued commercialization of AZSTARYS.
  • Further development of KemPharm’s pipeline of product candidates.
  • Advancement of SDX program.
  • Data from ongoing SDX clinical trial expected before year-end.
  • Focus on pipeline development opportunities.

Headwinds

  • Uncertainties and risks that could significantly affect current plans.
  • Risks described in detail in KemPharm’s Quarterly Report on Form 10-Q.
  • No obligation to update or alter forward-looking statements.
  • Potential impact of market conditions on commercialization efforts.
  • Dependence on Corium's commercialization of AZSTARYS.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

-0.2%

Avg return

Earnings day

+0.0%

Avg return

5 days after

+3.8%

Avg return

30 days after

45%

20 / 44 earnings

Positive

+35.2%

Q2 2015

Best reaction

-19.4%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026+6.0%+1.6%-0.1%
Q4 2025+21.3%+9.4%+6.5%
Q3 2025-9.8%-6.4%-13.5%
Q1 2025+3.0%+2.7%+8.3%
Q4 2024-2.1%-2.1%+10.5%
Q3 2024-3.5%-3.8%-5.8%
Q2 2024+2.6%+8.2%+11.5%
Q1 2024-2.7%-5.5%-10.1%
Q4 2023-13.3%-13.9%-23.9%
Q3 2023-3.5%-9.0%+12.7%
Q2 2023+3.8%-4.2%-2.7%
Q1 2023+3.1%+27.7%+37.1%
Q4 2022-19.4%-22.8%+4.9%
Q3 2022-18.3%-17.6%-19.7%
Q2 2022-5.4%-14.6%-4.3%
Q1 2022+2.0%+15.9%+9.5%
Q4 2021-4.7%-1.3%-15.3%
Q3 2021-0.1%-2.1%-9.9%
Q2 2021-9.4%-7.2%-7.6%
Q1 2021+3.4%+10.8%+65.9%
Q4 2020+19.5%+14.4%-8.3%
Q3 2020-5.2%+6.2%+83.0%
Q2 2020+8.7%+46.8%+48.9%
Q1 2020-13.5%-21.2%-27.3%
Q4 2019-0.9%-8.5%-30.9%
Q3 2019+11.3%-5.5%-21.6%
Q2 2019-15.8%-18.3%-25.8%
Q1 2019+4.9%+9.0%+17.2%
Q4 2018-14.6%-16.2%-32.4%
Q3 2018-1.9%-6.9%+8.4%
Q2 2018+5.5%+0.0%+13.7%
Q1 2018+16.8%+23.8%+35.6%
Q4 2017-9.9%-13.2%-29.1%
Q3 2017+1.4%+0.0%+1.4%
Q2 2017+8.5%-8.5%+9.3%
Q1 2017+0.0%+3.8%+2.5%
Q4 2016+9.7%+18.1%+31.9%
Q3 2016+3.8%+3.8%-3.8%
Q2 2016+0.0%+7.7%+22.0%
Q1 2016-15.7%——
Q4 2015+0.7%——
Q3 2015-8.8%——
Q2 2015+35.2%——
Q1 2015-2.7%——
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———

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