Filing Flows › Prothena Corp Public (PRTA) › Q1 2025
Prothena Corp Public (PRTA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Prothena Corp Public (PRTA) reported revenue of $2.8M for the first quarter 2025 (Q1 2025), up 57-fold from a year earlier and +33% from the quarter before.
Prothena Corp Public, Q1 2025: revenue $2.8M (57× year over year), net loss $60.2M, operating cash flow −$53.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8M | +33% | 57× |
| Operating profit | −$65.6M | — | — |
| Net earnings | −$60.2M | — | — |
| Operating cash flow | −$53.4M | — | — |
What changed
Revenue was $2.8M in Q1 2025, up 5556% year over year and up 33% from the previous quarter. Collaboration revenue was the largest line at 98% of revenue.
Operating costs exceeded revenue by $65.6M, an operating margin of -2319.0%. Total costs fell 16% while revenue rose 5556%. The quarter ended with a net loss of $60.2M, wider than the previous quarter's $58.0M loss.
Operating cash flow was −$53.4M. Non-cash charges added back $223K of depreciation and amortization and $10.9M of share-based compensation. Working capital and other items used $4.3M. Capital expenditures of $42K exceeded it, leaving free cash flow of −$53.4M.
Questions
What was Prothena Corp Public's revenue in the first quarter 2025?
Prothena Corp Public (PRTA) reported revenue of $2.8M for the first quarter 2025 (Q1 2025), up 57-fold from a year earlier and +33% from the quarter before.