APLMW
NASDAQ · Financial Services · Financial - Conglomerates · US
Next report
Analyst consensus
- Next report date
- Sep 24, 2026
- EPS estimate
- —
- Revenue estimate
- —
Latest reported
- Last report date
- Dec 31, 2022
- EPS actual
- -$2.77
- EPS estimate
- —
- Revenue actual
- —
- Revenue estimate
- —
Track record
Trailing twelve quarters
- EPS beats (12Q)
- —
- EPS misses (12Q)
- —
- EPS in line (12Q)
- —
- Avg surprise (4Q)
- —
- Revenue beats (12Q)
- —
Q4 FY2023 · Mar 28, 2024
AI summary of management’s prepared remarks and analyst Q&A · For informational purposes only, not investment advice
Management highlights
- 2023 was a year of significant accomplishment with progress in lead drug candidates vebreltinib and ophthalescelen.
- Substantially advanced phase two registrational trial of vebreltinib in non-small cell lung cancer and other solid tumors with Met dysregulation.
- Received encouraging feedback from FDA in February 2024 on vebreltinib's development plan for three conditions.
- Everstone received conditional approval in China for vebreltinib to treat non-small cell lung cancer with MET Exon 14 skipping mutation.
- Completed patient enrollment for phase three bridging study in China for APL-106 in relapsed or refractory AML.
- Planned to disclose preclinical data on vebreltinib at AACR meeting in 2024.
- Glycomimetics expects top line results from phase three study of APL-106 in second quarter of 2024.
Guidance
- Continue enrolling Sparta cohorts and review additional patient information with FDA for NDA readiness.
- Expect to report top line data from phase three bridging study in APL-106 in first half of 2025.
- Plan to present preclinical data on vebreltinib at AACR meeting in San Diego next week.
Segment performance
No detailed segment performance with revenue contribution % provided. Financials noted: Cash, cash equivalents, etc. at 2023 end was $37.8M vs $58.9M in 2022. R&D expenses 2023 were $34.2M including stock-based comp of $5.9M; G&A expenses $20.6M including stock-based comp of $6.8M. Net loss 2023 was $172.6M.
Risks & headwinds
Forward-looking statements are subject to risks and uncertainties including those described in Apollomics' annual reports and SEC filings.
Analyst Q&A
Q: Tim Moore asks about the timeline for enrolling Sparta cohorts and submitting NDA to FDA.
A: Guo Liang Yu responds that they need to continue enrolling more patients, with 12-month follow-up time approaching in summer, but additional patient enrollment could extend the timeline to 2025 rather than 2026.
Q: Tim Moore asks about feedback from FDA meeting and next steps.
A: Guo Liang Yu states FDA's key message is to continue enrolling more patients to specify results.
Q: Tim Moore asks about Matt Plunkett's role and expected enhancements.
A: Matt Plunkett mentions near-term focus on 20-F filing and experience in finance and strategic collaborations.
Q: Tim Moore asks about R&D expenses and cash burn.
A: Response mentions cash position sufficient through first quarter 2025, R&D expenses expected to be affected by completion of APL-106 phase three trial and reduced one-time G&A expenses.
Q: Tim Moore asks about other pipeline candidates.
A: Response states focus remains on vebreltinib and APL-106 due to limited cash.
Reported results against consensus at the time of each report · Surprise is computed from the estimate on record · Data as of Sep 24, 2026