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Altimmune (ALT) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Feb 27, 2025

Altimmune (ALT) reported revenue of $5K for the fourth quarter 2024 (Q4 2024), -86% from a year earlier and 0% from the quarter before.

Revenue$5K
Year over year-86%
Quarter over quarter0%
Operating margin—
Net earnings−$23.2M

Altimmune, Q4 2024: revenue $5K (-86% year over year), net loss $23.2M, operating cash flow −$18.3M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$5K0%-86%
Operating profit−$24.9M——
Net earnings−$23.2M——
Operating cash flow−$18.3M——

What changed

Revenue was $5K in Q4 2024, down 86% year over year and roughly flat from the previous quarter.

Operating costs exceeded revenue by $24.9M, an operating margin of -497320.0%. Total costs fell 26% while revenue fell 86%. The fastest-growing cost line was General & admin (+17%). The quarter ended with a net loss of $23.2M, wider than the previous quarter's $22.8M loss.

Operating cash flow was −$18.3M. Non-cash charges added back $33K of depreciation and $3.4M of share-based compensation. Working capital and other items added $1.5M.

Questions

What was Altimmune's revenue in the fourth quarter 2024?

Altimmune (ALT) reported revenue of $5K for the fourth quarter 2024 (Q4 2024), -86% from a year earlier and 0% from the quarter before.

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Source: Altimmune 10-K on SEC EDGAR.