OMNIAB INC C/WTS (TO PUR COM) | 8-K: FY2025 Q3 Revenue: USD 2.239 M
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q3, the actual value is USD 2.239 M.
EPS: As of FY2025 Q3, the actual value is USD -0.14.
EBIT: As of FY2025 Q3, the actual value is USD -18.6 M.
Segment Revenue
- Third Quarter 2025: Total revenue was $2.2 million, a decrease from $4.2 million in the same period of 2024, primarily due to lower milestone and service revenue.
- Nine Months Ended September 30, 2025: Total revenue was $10.3 million, down from $15.6 million in the same period of 2024, with declines in license, milestone, and service revenue partially offset by $0.7 million in xPloration revenue.
Operational Metrics
- Net Loss: For the third quarter of 2025, the net loss was $16.5 million, or $0.14 per share, compared to a net loss of $16.4 million, or $0.16 per share, in the same period of 2024. For the nine months ended September 30, 2025, the net loss was $50.6 million, or $0.46 per share, compared to $49.0 million, or $0.48 per share, in the same period of 2024.
- Research and Development Expense: $10.4 million for the third quarter of 2025, down from $13.3 million in the same period of 2024. For the nine months ended September 30, 2025, R&D expenses were $33.8 million, compared to $41.8 million in 2024.
- General and Administrative Expense: $6.8 million for the third quarter of 2025, compared to $7.1 million in the same period of 2024. For the nine months ended September 30, 2025, G&A expenses were $22.4 million, compared to $23.4 million in 2024.
Cash Flow
- Cash, Cash Equivalents, and Short-term Investments: As of September 30, 2025, OmniAb had $59.5 million in cash, cash equivalents, and short-term investments.
- Private Placement: In August 2025, OmniAb raised $30 million from a private placement of common stock, with net proceeds of approximately $28 million.
Unique Metrics
- xPloration Revenue: $0.7 million for the nine months ended September 30, 2025, reflecting the sale of an instrument and related consumables.
Outlook / Guidance
- OmniAb expects 2025 revenue to be between $18 million and $22 million, with operating expenses ranging from $82 million to $86 million. The company anticipates ending the year with cash between $52 million and $56 million, and the full-year effective tax rate is expected to be approximately 0%.
