Alphamab Oncology Full Year 2024 Earnings: Beats Expectations
Alphamab Oncology (HKG:9966) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥640.1m (up 193% from FY 2023).
- Net income: CN¥166.3m (up from CN¥210.6m loss in FY 2023).
- Profit margin: 26% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
- EPS: CN¥0.17 (up from CN¥0.22 loss in FY 2023).
9966 Products In Clinical Trials
- Phase I: 4.
- Phase II: 14.
9966 Post-Clinical Trial Products
- Pre-registration: 1.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Alphamab Oncology Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 90%. Earnings per share (EPS) also surpassed analyst estimates.
Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Biotechs industry in Hong Kong.
Performance of the Hong Kong Biotechs industry.
The company's shares are up 14% from a week ago.
Risk Analysis
Be aware that Alphamab Oncology is showing 1 warning sign in our investment analysis that you should know about...
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About SEHK:9966
Alphamab Oncology
A clinical stage biopharmaceutical company, engages in the research and development, manufacture, and commercialization of oncology biologics.
High growth potential with excellent balance sheet.
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