Assertio Q1 2025 Earnings Report
Key Takeaways
Assertio reported first quarter 2025 total net product sales of $26.0 million, in line with their 2025 outlook. The company achieved substantial progress on its business strategy, including settling legal matters, simplifying its corporate structure, and focusing on growth assets like Rolvedon and Sympazan. Net loss was $13.5 million, and adjusted EBITDA was $0.2 million.
First quarter total net product sales were $26.0 million, meeting the company's 2025 outlook.
Assertio made significant progress on its strategic priorities, including reducing legal exposure and simplifying its corporate structure.
Rolvedon net sales were $13.1 million, slightly down year-over-year but above internal expectations.
Sympazan prescriptions increased by 6.5% year-over-year due to a revised promotional strategy.
Assertio
Assertio
Assertio Revenue by Segment
Forward Guidance
Assertio is tracking to its full year net product sales and adjusted EBITDA outlook. The company expects Rolvedon net sales to continue to increase throughout the year.
Positive Outlook
- Tracking to full year net product sales outlook.
- Tracking to full year adjusted EBITDA outlook.
- Rolvedon net sales expected to continue to increase throughout the year.
- Rolvedon net sales were above internal expectation in Q1.
- Sympazan promotional strategy is proving effective, leading to increased prescriptions.
Challenges Ahead
- Rolvedon net product sales decreased from the prior year quarter.
- Indocin net product sales decreased due to generic competition.
- Adjusted EBITDA decreased from the prior year quarter.
- Cash flow from operations was impacted by the timing of accounts receivable collection.
- Net loss increased from the prior year quarter.
Revenue & Expenses
Visualization of income flow from segment revenue to net income