earnings
confidence high
sentiment neutral
materiality 0.70
Immunovant Q4 FY2025 net loss $106.4M, cash $714M; new CEO Eric Venker
Immunovant, Inc.
2025-FY EPS
reported -$2.73
vs consensus -$0.73
▼ miss
(-274.7%)
- Net loss of $106.4M ($0.64/share) for Q4 FY2025, vs $75.3M ($0.52/share) a year ago.
- Cash and equivalents $714M as of March 31, 2025; runway through GD readout expected in 2027.
- Eric Venker, M.D. appointed CEO and Tiago Girao CFO in April 2025 as part of strategic transition.
- R&D expenses $93.7M in Q4, up from $66.1M, driven by IMVT-1402 clinical trial costs.
- Potentially registrational trials for IMVT-1402 in Sjögren's disease and second GD trial planned summer 2025.
item 2.02item 9.01