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APLMW

Apollomics, Inc.

NASDAQ · Financial Services · Financial - Conglomerates · US

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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)
Earnings call summaryRead the full call →

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