Overview
ImmunoPrecise FY25 revenue was C$24.5 mln, missing analyst expectations
Record Q4 revenue of C$7.0 mln, driven by BioStrand segment growth
Q4 Adjusted EBITDA loss improved to C$0.3 mln, reflecting operational efficiency
Outlook
Company anticipates completing divestiture of Dutch subsidiary soon
ImmunoPrecise to focus on AI-based product development
Company expects strategic steps to enhance core capabilities
ImmunoPrecise aims to streamline operations with strategic priorities
Result Drivers
BIOSTRAND GROWTH - BioStrand segment grew over 180% in FY25, contributing to improved gross margins
OPERATIONAL EFFICIENCY - Q4 Adjusted EBITDA loss improved due to enhanced operational efficiency
GROSS MARGIN IMPROVEMENT - Gross margin rose to 64% in Q4 FY25, driven by high-margin BioStrand revenues
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue | Miss | C$24.50 mln | C$25.40 mln (2 Analysts) |
FY Net Income | -C$30.20 mln | ||
FY Gross Profit | C$13.50 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the pharmaceuticals peer group is "buy"
Wall Street's median 12-month price target for Immunoprecise Antibodies Ltd is $4.00, about 49.5% above its July 28 closing price of $2.02
Press Release: ID:nBw4tGpmKa
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Comments