NASDAQ$ACET

Adicet Bio Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported operational highlights and financial results.

Adicet Bio reported its Q3 2021 financial results, highlighting progress in the ADI-001 Phase 1 trial and a new collaboration with Twist Bioscience. The company's net loss was $14.0 million, and it had $192.2 million in cash and cash equivalents.

  • On track to report top-line safety and tolerability data from ADI-001 Phase 1 study in Non-Hodgkin's Lymphoma (NHL) by year end
  • Announced collaboration with Twist Bioscience to accelerate discovery of gamma delta T cell cancer therapeutics and expand pipeline
  • ADI-001 Phase 1 Clinical Trial Enrolling in Dose Level 2
  • Entered Collaboration with Twist Bioscience to Accelerate Discovery of Gamma Delta T Cell Cancer Therapeutics

Headline financials

Total Revenue

$3.43M

Previous: $3.03M+13.2%
EPS (adj)

-$0.44

Previous: -$2.84+84.5%
Capital Expenditures

$7.18M

No prior period
Free Cash Flow

-$16.9M

No prior period
Net Income

-$14M

Previous: -$14.8M+5.3%
Operating Income

-$13.7M

No prior period
Cash & Equivalents

$192M

Previous: $108M+77.8%
Total Assets

$257M

Previous: $150M+71.0%
Stock-Based Comp

$2.53M

No prior period

Revenue & EPS history

Adicet Bio · Revenue · Quarterly

$3.43M

Q3 2021+13.2%vs Q3 2020
Beat estimate in 4 of 14 quarters(29%)
ActualEstimate

Forward guidance

The Company expects that current cash and cash equivalents as of September 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 Q3 2021

Historical avgQ3 2021

+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
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Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
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Q1 2014
Q4 2013
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Q1 2013
Q4 2012
Q3 2012
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Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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