NASDAQ$ACET

Adicet Bio Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Adicet Bio reported financial results for the fourth quarter and full year ended December 31, 2020.

Adicet Bio reported a net loss of $9.0 million for the fourth quarter of 2020, compared to a net loss of $6.6 million for the same period in 2019. The company's cash, cash equivalents and marketable debt securities were $94.6 million as of December 31, 2020, as compared to $62.4 million as of December 31, 2019.

  • Initiated first-in-human Phase 1 clinical trial for ADI-001.
  • Raised $143.6 million in net proceeds through a public offering and concurrent private placement.
  • Appointed two new members to the Company’s Board of Directors.
  • Strengthened the management team with the appointment of Nick Harvey as Chief Financial Officer and Dr. Don Healey as Chief Technology Officer.

Headline financials

Total Revenue

$5.41M

Previous: $1.97M+174.8%
EPS (adj)

-$0.46

Previous: -$5.53+91.7%
Net Income

-$8.96M

Previous: -$28.9M+69.0%
Operating Income

-$9.35M

Previous: -$29.4M+68.2%
Cash & Equivalents

$94.6M

Previous: $91.5M+3.4%
Total Assets

$154M

No prior period

Revenue & EPS history

Adicet Bio · Revenue · Quarterly

$5.41M

Q4 2020+174.8%vs Q4 2019
Beat estimate in 4 of 14 quarters(29%)
ActualEstimate

Forward guidance

Adicet expects that current cash, cash equivalents and marketable securities will be sufficient to fund its operating expenses at least into 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 Q4 2020

Historical avgQ4 2020

+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
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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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