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Avalo Therapeutics (AVTX) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 20, 2025

Avalo Therapeutics (AVTX) reported revenue of $192K for the fourth quarter 2024 (Q4 2024), -66% from a year earlier and -23% from the quarter before.

Revenue$192K
Year over year-66%
Quarter over quarter-23%
Operating margin—
Net earnings−$35.3M

Avalo Therapeutics, Q4 2024: revenue $192K (-66% year over year), net loss $35.3M, operating cash flow −$15.0M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$192K-23%-66%
Operating profit−$13.3M——
Net earnings−$35.3M——
Operating cash flow−$15.0M——

What changed

Revenue was $192K in Q4 2024, down 66% year over year and down 23% from the previous quarter.

Operating costs exceeded revenue by $13.3M, an operating margin of -6932.8%. Total costs grew 64% against a revenue fall of 66%. The fastest-growing cost line was Research & development (+338%). The quarter ended with a net loss of $35.3M, after a profit of $23.0M the previous quarter. Net interest and other expense of $21.9M was the main reason.

Operating cash flow was −$15.0M. Non-cash charges added back $68K of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items added $17.3M.

Questions

What was Avalo Therapeutics' revenue in the fourth quarter 2024?

Avalo Therapeutics (AVTX) reported revenue of $192K for the fourth quarter 2024 (Q4 2024), -66% from a year earlier and -23% from the quarter before.

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Source: Avalo Therapeutics 10-K on SEC EDGAR.