NASDAQ$ACET

Adicet Bio Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported operational highlights and financial results.

Adicet Bio reported its Q2 2021 financial results, highlighting the initiation of the Phase 1 trial of ADI-001 in non-Hodgkin’s lymphoma and the completion of a successful capital raise. The company's cash position is expected to fund operations through the beginning of the second half of 2023.

  • Initiated Phase 1 trial of ADI-001 in non-Hodgkin’s lymphoma.
  • Completed a successful capital raise.
  • Established a Scientific Advisory Board (SAB).
  • Added to the Russell 2000® Index.

Headline financials

Total Revenue

$4.81M

Previous: $7.47M-35.5%
EPS (adj)

-$0.34

Previous: -$1.05+67.6%
Capital Expenditures

$2.13M

No prior period
Free Cash Flow

-$14.9M

No prior period
Net Income

-$10.9M

Previous: -$5.6M-93.8%
Operating Income

-$10.8M

Previous: -$5.65M-91.6%
Cash & Equivalents

$209M

Previous: $70.9M+194.4%
Total Assets

$269M

No prior period
Stock-Based Comp

$2.66M

No prior period

Revenue & EPS history

Adicet Bio · Revenue · Quarterly

$4.81M

Q2 2021-35.5%vs Q2 2020
Beat estimate in 4 of 14 quarters(29%)
ActualEstimate

Forward guidance

Adicet expects that current cash, cash equivalents and marketable securities as of June 30, 2021 will be sufficient to fund its operating expenses through the beginning of the second half of 2023.

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 Q2 2021

Historical avgQ2 2021

+1.1%

Avg return

Earnings day

+1.2%

Avg return

5 days after

-5.2%

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%
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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