How did OmniAb's revenue streams evolve in Q4 2024 compared to previous quarters?
5/9/2025 05:20am
**OmniAb's revenue streams showed a general upward trend from Q1 to Q4 2024**, with some fluctuations. Here's a detailed analysis:
1. **Growth Trend**: The revenue for OmniAb increased from $2.77 million in Q1 2024 to $20.7 million in Q4 2024. This indicates a clear upward trajectory in the company's revenue generation over the course of the year.
2. **Quarterly Variations**: When comparing consecutive quarters, there were variations in revenue. For instance, revenue increased from $13.87 million in Q3 2024 to $20.7 million in Q4 2024, suggesting a strong performance in the final quarter of the year. However, there was a slight dip from $12.18 million in Q2 2024 to $13.87 million in Q3 2024.
3. **Stability**: The revenue in Q1 2024 was $11.95 million, which was followed by a decrease to $9.42 million in Q2 2024. Despite this dip, the revenue recovered sharply to $6.94 million in Q3 2024 before reaching the highest amount in Q4 2024.
4. **Consistency**: The consistency of the revenue growth from Q2 to Q4 2024, with increases from $6.94 million to $9.42 million and then to $20.7 million, demonstrates OmniAb's strong revenue generation capacity in the latter part of the year.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|OABI|OABI.O|OmniAb|20240101-2024|Royalty|576000|185|
|OABI|OABI.O|OmniAb|20240101-2024|Royalty|955000|185|
|OABI|OABI.O|OmniAb|20240101-2024|Royalty|637000|185|
|OABI|OABI.O|OmniAb|20240101-2024|Royalty|319000|185|
|OABI|OABI.O|OmniAb|20240101-2024|Royalty|319000|185|
|OABI|OABI.O|OmniAb|20240101-2024|License and Milestone|716000|185|
|OABI|OABI.O|OmniAb|20240101-2024|Service|2766000|185|