Amarin Corp PLC (FRA:EH3)
€ 12.3 +0.20 (+1.65%) Market Cap: 257.93 Mil Enterprise Value: -10.25 Mil PE Ratio: 0 PB Ratio: 0.68 GF Score: 58/100

Q1 2025 Amarin Corporation PLC Earnings Call Transcript

May 7, 2025 / 12:00 PM GMT
Release Date Price: €8.95 (+26.41%)

Key Points

Positve
  • Amarin Corp PLC (AMRN) has extended its European IP protection to 2039, providing a longer runway for maximizing product value.
  • The company has expanded its global presence, launching VESCEPA in 21 countries, up from 7 in 2023.
  • Amarin Corp PLC (AMRN) has maintained a debt-free balance sheet while efficiently managing cash over 10 consecutive quarters.
  • The company has achieved regulatory and early commercial success in various regions, including Southeast Asia, MENA, and Australia.
  • Amarin Corp PLC (AMRN) has made significant progress in Europe, with VESCEPA revenues growing by 16% sequentially, driven by demand in Spain, the UK, and Central Eastern Europe.
Negative
  • Total net revenue for the first quarter of 2025 was $42 million, a decline from $56.5 million in the first quarter of 2024.
  • US product revenue decreased to $35.7 million from $48.1 million in the first quarter of 2024 due to generic competition and decreased volume.
  • The company reported a net loss of $15.7 million for the first quarter of 2025, compared to a net loss of $10 million in the prior year period.
  • Rest of the world revenues were less than $0.1 million, showing a significant decline year over year and sequentially.
  • Amarin Corp PLC (AMRN) anticipates year-over-year declines in the US market due to market dynamics and generic competition.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

AMRN.OQ - Amarin Corporation PLC
Q1 2025 Amarin Corporation PLC Earnings Call
May 07, 2025 / 12:00PM GMT

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Presentation
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Unidentified_1 [1]
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Welcome to Amarin Corporation's conference call to discuss its first quarter 2025 business update and financial results. I would like to turn a conference call over to Mark Marmer, Vice President, corporate communications and investor relations at Amin.

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Unidentified_2 [2]
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Good morning everyone and thank you for joining us.

Turning to slide 2 in our forward-looking statements, please be aware that this conference hall will contain forward-looking statements that are intended to be covered under the safe harbor provided under federal
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