Roivant Sciences Reports $729.8M Net Loss for Fiscal Year 2025, EPS Drops to $0.75 from $5.95 in 2024

Reuters
05-29
Roivant Sciences Reports $729.8M Net Loss for Fiscal Year 2025, EPS Drops to $0.75 from $5.95 in 2024

Roivant Sciences Ltd. reported a net loss attributable to the company of $171.981 million for the year ended March 31, 2025, compared to a net income of $4.348 billion for the previous year. The loss from continuing operations, net of tax, amounted to $729.764 million for the year ended March 31, 2025, a significant downturn from the income of $4.546 billion reported for the year ended March 31, 2024. This result translates to a loss of $0.75 per common share for the year ended March 31, 2025, compared to an income of $5.95 per share for the previous year. The company's cash, cash equivalents, and restricted cash decreased to $2.726 billion as of March 31, 2025, from $6.506 billion a year earlier. Despite this, Roivant reported consolidated cash, cash equivalents, restricted cash, and marketable securities of $4.9 billion as of March 31, 2025, which is expected to support the company's cash runway into profitability. Roivant also undertook a share repurchase program, buying back $1.3 billion of its shares by March 31, 2025, which reduced the outstanding shares by 14% from the previous year. The company continues to focus on its late-stage clinical pipeline, highlighted by the development of brepocitinib and positive data from its myasthenia gravis study, alongside the expansion of IMVT-1402 into new indications.

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. Roivant Sciences Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9459739-en) on May 29, 2025, and is solely responsible for the information contained therein.

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