Immunovant, Inc.

Immunovant, Inc.IMVTEarnings & Financial Report

Nasdaq · Health Care · Biological Products, (No Diagnostic Substances)

Immunovant, Inc. is a clinical-stage biopharmaceutical company focused on developing innovative monoclonal antibody therapies for patients with serious, rare autoimmune and inflammatory diseases. Its lead product candidate covers multiple autoimmune indications, with core U.S. operations and a global market expansion strategy.

Revenue

$2.9M

Gross Profit

N/A

Operating Profit

$-62.8M

Net Profit

$-63.2M

Gross Margin

N/A

Operating Margin

-2134.5%

Net Margin

-2147.7%

YoY Growth

N/A

EPS

$-0.49

Immunovant, Inc. Q3 FY2023 Financial Summary

Immunovant, Inc. reported revenue of $2.9M for Q3 FY2023, with a net profit of $-63.2M (down 52.8% YoY) (-2147.7% margin).

Key Financial Metrics

Total Revenue$2.9M
Net Profit$-63.2M
Gross MarginN/A
Operating Margin-2134.5%
Report PeriodQ3 FY2023

Immunovant, Inc. Annual Revenue by Year

Immunovant, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $24.9M).

YearAnnual Revenue
2024$24.9M
2023$7.6M

Immunovant, Inc. Quarterly Revenue & Net Profit History

Immunovant, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2024$8.4M+140.7%$-75.3M-899.0%
Q3 FY2024$8.9M+203.4%$-51.4M-575.6%
Q2 FY2024$3.6M+209.5%$-58.7M-1642.3%
Q1 FY2024$4.1M$-73.9M-1818.9%
Q4 FY2023$3.5M$-59.4M-1707.8%
Q3 FY2023$2.9M$-63.2M-2147.7%
Q2 FY2023$1.2M$-47.9M-4153.2%
Q1 FY2023$0$-40.4MN/A

Income Statement

Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024
Revenue$0$1.2M$2.9M$3.5M$4.1M$3.6M$8.9M$8.4M
YoY GrowthN/AN/AN/AN/AN/A209.5%203.4%140.7%

Balance Sheet

Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024
Assets$458.7M$428.1M$456.2M$405.8M$351.2M$292.1M$711.4M$666.4M
Liabilities$22.2M$32.4M$41.6M$43.3M$51.4M$40.3M$32.1M$48.6M
Equity$436.5M$395.7M$414.7M$362.5M$299.9M$251.8M$679.3M$617.8M

Cash Flow

Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024
Operating CF$-65.8M$-20.2M$-46.4M$-55.8M$-47.4M$-60.1M$-47.1M$-59.7M