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Immunome (IMNM) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 19, 2025

Immunome (IMNM) reported revenue of $2.7M for the fourth quarter 2024 (Q4 2024), -28% from a year earlier and -6% from the quarter before.

Revenue$2.7M
Year over year-28%
Quarter over quarter-6%
Operating margin—
Net earnings−$80.2M

Immunome, Q4 2024: revenue $2.7M (-28% year over year), net loss $80.2M, operating cash flow −$42.1M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$2.7M-6%-28%
Operating profit−$83.0M——
Net earnings−$80.2M——
Operating cash flow−$42.1M——

What changed

Revenue was $2.7M in Q4 2024, down 28% year over year and down 6% from the previous quarter.

Operating costs exceeded revenue by $83.0M, an operating margin of -3030.3%. Total costs fell 13% while revenue fell 28%. The fastest-growing cost line was Research & development (+397%). The quarter ended with a net loss of $80.2M, wider than the previous quarter's $47.1M loss.

Operating cash flow was −$42.1M. Non-cash charges added back $450K of depreciation and amortization and $5.5M of share-based compensation. Working capital and other items added $32.3M. Capital expenditures of $1.1M exceeded it, leaving free cash flow of −$43.2M.

Questions

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

Immunome (IMNM) reported revenue of $2.7M for the fourth quarter 2024 (Q4 2024), -28% from a year earlier and -6% from the quarter before.

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Source: Immunome 10-K on SEC EDGAR.