earnings
confidence high
sentiment positive
materiality 0.75
Zai Lab Q4 2024 revenue $109.1M (+66% YoY); guides FY2025 revenue $560-590M
Zai Lab Ltd
2024-FY EPS reported
-$0.26
revenue$398,988,000
- Total revenues $399.0M for FY2024, up 50% YoY; product revenue $397.6M, up 49% YoY.
- VYVGART franchise net revenue $93.6M in first full year; ZEJULA $187.1M (+11% YoY); NUZYRA $43.2M (+99% YoY).
- Loss from operations decreased 23% to $282.1M for FY2024; net loss per ADS $2.60 vs $3.46 in 2023.
- Cash position $879.7M as of Dec 31, 2024; expects adjusted profitability (non-GAAP) in Q4 2025.
- ZL-1310 (DLL3 ADC) SCLC trial showed 74% ORR; NDA accepted for KarXT in schizophrenia in China.