OTC$ZOMDF
Zomedica Corp · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Zomedica's Q1 2021 financial results were announced, marked by initial revenue from TRUFORMA® sales and a net loss.
Zomedica reported its Q1 2021 financial results, which included initial revenue of $14,124 from TRUFORMA® product sales. The company reported a net loss of $4.0 million, or $0.04 per share. Zomedica's cash and cash equivalents stood at $276.6 million.
- Zomedica recorded revenue of $14,124 from TRUFORMA® product sales.
- Net loss for the quarter was $4.0 million, or $0.04 per share.
- Cost of revenue for the quarter was $5,658.
- Cash and cash equivalents totaled $276.6 million as of March 31, 2021.
Headline financials
Revenue & EPS history
Zomedica · Revenue · Quarterly
$14.1K
Forward guidance
Zomedica anticipates increased revenue in subsequent periods due to expanded sales and marketing efforts and full periods of sales activity. The company expects cost of revenue to increase with additional product sales.
Tailwinds
- Revenue is expected to increase in subsequent periods.
- Sales and marketing activities are increasing.
- Gaining full periods of sales activity.
- Well-positioned for success.
- Building out direct sales organization to reach customers
Headwinds
- Net loss and comprehensive loss for the three months ended March 31, 2021 of approximately $4.0 million
- Incurred a direct charge to retained earnings as a result of the exchange of the Series 1 preferred shares of approximately $32.0 million
- Had only limited sales activity in the first quarter of 2021.
- Increase in cash used in operations primarily resulted from the increase in our operating loss
- COVID-19 pandemic and its impact upon our business operations generally, including our ability to develop and commercialize our products
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-1.2%
Avg return
Earnings day
+2.3%
Avg return
5 days after
-1.6%
Avg return
30 days after
27%
9 / 33 earnings
Positive
+41.0%
Q4 2024
Best reaction
-16.9%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -8.2% | -4.0% | -5.1% | |
| Q3 2025 | +1.3% | +26.3% | +50.0% | |
| Q1 2025 | -16.9% | -20.3% | -22.0% | |
| Q4 2024 | +41.0% | +113.9% | +41.7% | |
| Q3 2024 | -1.4% | +14.8% | +3.3% | |
| Q2 2024 | -5.3% | -11.6% | -14.8% | |
| Q1 2024 | -16.8% | -11.0% | -9.1% | |
| Q4 2023 | -4.0% | -4.1% | -2.7% | |
| Q3 2023 | -4.4% | -7.2% | -6.7% | |
| Q2 2023 | -2.3% | -3.9% | -12.2% | |
| Q1 2023 | -8.8% | -8.2% | -10.5% | |
| Q4 2022 | -4.3% | -16.5% | -10.7% | |
| Q3 2022 | -5.3% | -10.0% | -19.6% | |
| Q2 2022 | -10.3% | -28.8% | -38.2% | |
| Q1 2022 | -5.5% | +5.3% | +28.7% | |
| Q4 2021 | +3.1% | -4.7% | -6.4% | |
| Q3 2021 | -2.2% | -6.6% | -30.0% | |
| Q2 2021 | -10.3% | -19.3% | +2.9% | |
| Q1 2021 | -15.3% | -8.2% | +11.4% | |
| Q4 2020 | +11.4% | +9.7% | -8.6% | |
| Q3 2020 | +19.7% | +112.7% | +106.3% | |
| Q2 2020 | -2.8% | -14.1% | -28.8% | |
| Q1 2020 | +14.6% | -1.7% | -12.3% | |
| Q4 2019 | -0.0% | -18.0% | -32.8% | |
| Q3 2019 | -2.4% | +0.6% | +0.6% | |
| Q2 2019 | +0.0% | +0.0% | +68.0% | |
| Q1 2019 | -2.0% | -6.9% | -7.8% | |
| Q4 2018 | +2.0% | +2.0% | -66.6% | |
| Q3 2018 | -7.5% | -8.6% | -15.5% | |
| Q2 2018 | -3.2% | -1.4% | +0.9% | |
| Q1 2018 | +0.0% | — | — | |
| Q4 2017 | +0.7% | — | — | |
| Q3 2017 | +7.0% | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — |
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