ADCT
ADC Therapeutics SA3.9700
-0.2400-5.7%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
491.79MP/E (TTM)
-Basic EPS (TTM)
-1.41Dividend Yield
0%Recent Filings
8-K
8-K
ADC Therapeutics raises $60M
ADC Therapeutics secured a $60 million private placement on October 12, 2025, selling 11.25 million common shares at $4.00 each and pre-funded warrants for 3.85 million shares at $3.90, closing October 27. This bolsters the balance sheet for ZYNLONTA's commercial push and potential 2027 relaunch, while preliminary Q3 net product revenues hit $15.8 million and cash reached $234.7 million. Yet dilution looms large for shareholders.
8-K
ZYNLONTA pipeline updates
ADC Therapeutics released an updated corporate presentation on September 30, 2025, highlighting ZYNLONTA's expansion potential in earlier-line B-cell lymphomas. LOTIS-5 Phase 3 trial enrollment wrapped in 2024, showing 80% ORR and 50% CR in the safety run-in for 2L+ DLBCL, with topline PFS data due in H1 2026. LOTIS-7 Phase 1b combo with glofitamab delivered 87% CR in 30 efficacy-evaluable r/r large B-cell lymphoma patients, no high-grade CRS or ICANS. Cash runway extends into 2028, but trial outcomes hinge on PFS events.
8-K
Q2 revenues rise amid restructuring
ADC Therapeutics reported Q2 2025 net product revenues of $18.1 million, up from $17.0 million last year, while net loss widened to $56.6 million due to higher R&D spending and $13.1 million in restructuring costs from discontinuing solid tumor programs and cutting 30% of staff. A $100 million PIPE financing bolstered cash to $264.6 million, extending runway into 2028 to fuel ZYNLONTA trials. LOTIS-7 showed 93.3% ORR in r/r DLBCL. Restructuring sharpens focus on lymphomas.
10-Q
Q2 FY2025 results
ADC Therapeutics posted solid Q2 revenue of $18.8M, up 8.2% y/y from $17.4M, driven by 6.2% higher net product sales of ZYNLONTA in the U.S. and doubled royalties from ex-U.S. partners, while YTD total revenue climbed 18.1% to $41.9M on a $5M milestone from Health Canada's approval. Yet operating losses widened to $44.1M from $29.0M y/y, fueled by $13.1M in restructuring charges for a 30% workforce cut and UK facility shutdown, plus higher R&D on LOTIS trials and PSMA ADC. Cash swelled to $264.6M after a $93.1M net private placement, against $114.5M in term loans due through 2029 at 16.15% effective rate; free cash flow not disclosed in the 10-Q. Diluted EPS of -$0.50 aligns with 113.7M weighted shares. Tariffs on European imports pose cost risks.
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