Strong Financial Growth
Total revenues reached $114.8 million, a $32.9 million increase year-over-year, marking a growth rate of approximately 40%. Adjusted EBITDA grew by approximately 81% year-over-year. Adjusted net income increased by 87% year-over-year.
FDA Approval for Yield Enhancement Process
ADMA received FDA approval for a novel yield enhancement production process, which is expected to provide 20% more bulk IG from the same starting plasma volumes.
Raised Financial Guidance
Guidance for 2025 and 2026 was raised, with 2025 total revenue guidance increased to $500 million or more, and 2026 total revenue guidance increased to $625 million or more.
Stock Repurchase Program
The Board authorized a stock repurchase program allowing ADMA to purchase up to $500 million of its common stock, approximately 8% of the company’s total current market cap.
Debt Reorganization
Debt reorganization with Ares Capital Management was completed, reducing the total cost of debt by 1.1%.