NASDAQ$ACET

Adicet Bio Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported financial results and operational highlights for the first quarter ended March 31, 2022.

Adicet Bio reported a net income of $4.6 million for the first quarter of 2022, which includes non-cash stock-based compensation expense of $4.4 million, and cash and cash equivalents of $277.9 million as of March 31, 2022.

  • ADI-001 Phase 1 trial data accepted for oral presentation at 2022 ASCO Annual Meeting.
  • Strong balance sheet with $277.9 million in cash and cash equivalents as of March 31, 2022.
  • FDA granted Fast Track Designation to ADI-001 for potential treatment of relapsed or refractory B-cell Non-Hodgkin’s lymphoma (NHL).
  • Regeneron licensed the exclusive, worldwide rights to ADI-002 and paid an exercise fee of $20.0 million to Adicet.

Headline financials

Total Revenue

$167K

Previous: -$3.98M+104.2%
EPS (adj)

$0.10

Previous: -$0.82+112.2%
Research and development expenses

$13.5M

No prior period
General and administrative expenses

$6.8M

No prior period
Capital Expenditures

-$2.63M

Previous: $658K-500.0%
Free Cash Flow

$1.99M

Previous: -$15.8M+112.6%
Net Income

$4.62M

Previous: -$21.3M+121.7%
Operating Income

$4.71M

Previous: -$21.4M+122.0%
Gross Profit

$167K

No prior period
Cash & Equivalents

$278M

Previous: $223M+24.4%
Total Assets

$340M

Previous: $282M+20.6%
Stock-Based Comp

$4.35M

Previous: $3.04M+43.0%

Revenue & EPS history

Adicet Bio · Revenue · Quarterly

$167K

Q1 2022-104.2%vs Q1 2021
Beat estimate in 2 of 10 quarters(20%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+1.1%

Avg return

Earnings day

+1.2%

Avg return

5 days after

-5.0%

Avg return

30 days after

52%

16 / 31 earnings

Positive

+29.7%

Q4 2021

Best reaction

-9.1%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.4%-5.3%+1.4%
Q4 2025-3.2%-1.6%-4.0%
Q3 2025-3.6%-6.4%-22.6%
Q1 2025-6.9%-7.5%-7.9%
Q4 2024-2.3%+15.0%-33.8%
Q3 2024+1.5%-3.8%-19.8%
Q2 2024+7.9%+20.5%+20.5%
Q1 2024-2.8%+11.1%+0.7%
Q4 2023+9.7%+12.3%+3.8%
Q3 2023-4.9%-10.3%+4.9%
Q2 2023+6.8%-2.7%-23.2%
Q1 2023+4.1%-4.5%-14.9%
Q4 2022-3.1%-19.5%-29.5%
Q3 2022+1.9%+11.0%+3.8%
Q2 2022-9.1%-11.0%-4.9%
Q1 2022+8.6%+13.1%+9.6%
Q4 2021+29.7%+31.0%+37.6%
Q3 2021+3.2%+0.8%+49.7%
Q2 2021+8.1%-5.9%+6.4%
Q1 2021+1.5%+7.7%-22.5%
Q4 2020-0.7%+6.2%-11.2%
Q3 2020+5.9%+9.2%+22.3%
Q2 2020+0.4%+4.4%-17.3%
Q1 2020+9.1%+10.3%+24.6%
Q4 2019-8.5%-17.1%-6.0%
Q3 2019-5.3%+6.7%-85.2%
Q2 2019-3.5%-3.7%-22.2%
Q1 2019-4.6%-7.3%+1.3%
Q4 2018-8.3%-10.8%-23.3%
Q3 2018-5.8%-5.2%-2.7%
Q2 2018+5.1%-0.9%+9.3%
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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