XOMA Royalty Corporation Reports Q1 2025 Revenue Surge to $15.9 Million and Net Income of $2.4 Million, Reversing Prior Year Loss

Reuters
2025/05/13
XOMA Royalty Corporation Reports Q1 2025 Revenue Surge to $15.9 Million and Net Income of $2.4 Million, Reversing Prior Year Loss

XOMA Royalty Corporation reported its first quarter 2025 financial results, showing a significant increase in total income and revenues, which rose to $15.9 million from $1.5 million in the same period of 2024. The increase was primarily attributed to income from the effective interest rate method related to VABYSMO®, a $4.0 million milestone associated with Day One and Ipsen's MAA filing with the EMA, a $4.0 million payment from a collaboration agreement with Takeda, and $1.5 million in estimated royalties related to OJEMDA™. Net income for the quarter ending March 31, 2025, was $2.4 million, contrasting with a net loss of $8.6 million in the first quarter of 2024. The company also highlighted $18.0 million in cash receipts during the quarter, including $13.4 million from royalty receipts. In terms of business development, XOMA acquired an economic interest in Castle Creek Biosciences' D-Fi (FCX-007) through a syndicated royalty financing transaction and successfully sold all unpartnered Kinnate assets. The company is focused on generating shareholder value through strategic cash deployment, expense control, and share repurchases.

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. XOMA Royalty Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-118322), on May 13, 2025, and is solely responsible for the information contained therein.

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