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Dec 31, 2021

Immunovant Q3 2022 Earnings Report

Reported financial results with cash of approximately $527.0 million.

Key Takeaways

Immunovant reported its financial results for the fiscal quarter ended December 31, 2021. The company ended the quarter with approximately $527.0 million in cash. Net loss was $41.4 million, or $0.36 per common share.

Ended the quarter with approximately $527.0 million in cash.

Research and development expenses were $29.8 million.

General and administrative expenses were $11.5 million.

Net loss was $41.4 million ($0.36 per common share).

EPS
-$0.36
Previous year: -$0.32
+12.5%
R&D Expenses
$29.8M
G&A Expenses
$11.5M
Cash and Equivalents
$527M
Previous year: $422M
+24.9%
Free Cash Flow
-$32M
Previous year: -$22.8M
+39.9%
Total Assets
$543M
Previous year: $433M
+25.4%

Immunovant

Immunovant

Forward Guidance

This press release contains forward-looking statements for the purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995 and other federal securities laws.