Alvotech SA Reports 260% Revenue Increase and $109.7 Million Net Profit for Q1 2025, EPS at $0.39

Reuters
05/08
<a href="https://laohu8.com/S/ALVO">Alvotech</a> SA Reports 260% Revenue Increase and $109.7 Million Net Profit for Q1 2025, EPS at $0.39

Alvotech SA, a global biotech company, has reported its financial results for the first quarter of 2025, showcasing a substantial increase in revenues. Total revenues climbed to $132.8 million, a significant 260% rise from the $36.9 million reported in the same period last year. Product revenues reached $109.9 million, marking a remarkable 786% increase compared to $12.4 million in the previous year's first quarter. The company also reported a net profit of $109.7 million for the three months ended March 31, 2025, a notable turnaround from the net loss of $218.7 million in the same period of the previous year. This resulted in earnings per share of $0.39, a stark contrast to the loss of $0.89 per share reported for the same period in 2024. Alvotech's Adjusted EBITDA for the first quarter of 2025 was positive at $20.5 million, compared to a negative $38.4 million in 2023. The company has increased its full-year guidance, projecting top-line revenue between $600 and $700 million and adjusted EBITDA in the range of $200 to $280 million, following the acquisition of rights to a biosimilar to Cimzia. In a business update, Alvotech highlighted its strong momentum in generating positive cash flows from operating activities and maintaining healthy product margins. The company expects to be free cash-flow positive in 2025 and self-funded moving forward, driven by new product launches and enhanced manufacturing efficiencies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alvotech SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001095273-en) on May 07, 2025, and is solely responsible for the information contained therein.

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