earnings
confidence high
sentiment positive
materiality 0.85
ADMA prelim FY2024 rev $417-425M, guides FY2025 >$485M
ADMA BIOLOGICS, INC.
2024-FY EPS reported
$0.81
revenue$426,454,000
- FY2024 preliminary total revenue $417-425M, exceeding prior guidance of $415M; cash >$100M with $30M debt repaid in Q4.
- FY2025 revenue guided >$485M, net income >$170M, Adj EBITDA >$220M; FY2026 revenue >$600M, net income >$230M.
- PAS submitted to FDA for yield enhancement process that could increase IG yields ~20%; approval expected mid-2025.
- Executed long-term high titer plasma supply contracts from ~250 collection centers (5x increase) to support ASCENIV growth.
- Balance sheet: net cash surplus vs. $75M debt; expect >$1B annual revenue before 2030 with outsized earnings growth.