NASDAQ$ACRS

Aclaris Therapeutics Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Aclaris Therapeutics' Q4 2024 financial results were reported, marked by a decrease in revenue primarily due to the absence of a one-time upfront payment received in the prior year, alongside a net loss impacted by in-process research and development expenses.

Aclaris Therapeutics reported Q4 2024 financial results, featuring a revenue of $9.2 million and a net loss of $96.6 million. The company highlighted its cash runway extending into 2028 and progress in its clinical development programs.

  • Aclaris reported Q4 2024 revenue of $9.2 million, compared to $17.6 million in Q4 2023.
  • The company experienced a net loss of $96.6 million for Q4 2024, compared to a net loss of $1.5 million for Q4 2023.
  • Aclaris ended the year with $203.9 million in cash, cash equivalents, and marketable securities.
  • The company's cash runway is expected to extend into 2028.

Headline financials

Total Revenue

$9.21M

Previous: $17.6M-47.6%
EPS (adj)

-$0.10

Previous: -$0.30+66.7%
Capital Expenditures

$0.00

Previous: $441K-100.0%
Net Income

-$96.6M

Previous: -$1.49M-6375.7%
Operating Income

-$99.7M

Previous: -$4.05M-2362.9%
Gross Profit

-$90K

Previous: $11.1M-100.8%
R&D Expense

$9.03M

Previous: $26.6M-66.1%

Revenue & EPS history

Aclaris Therapeutics · Revenue · Quarterly

$9.21M

Q4 2024-47.6%vs Q4 2023
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Aclaris Therapeutics · $9.28M total across 2 segments · Q3 2023

  • Licensing
    $8.58M-52.1%
  • Contract research
    $705K-35.3%

Forward guidance

Aclaris Therapeutics anticipates a rich catalyst calendar in 2025, including Phase 2 data in multiple immuno-inflammatory disease indications. Data from CTTQ’s Phase 2 studies of Bosakitug (ATI-045) in Chinese patients with severe asthma and Chronic Rhinosinusitis with Nasal Polyps (CRSwNP) is expected in the first half of 2025 to inform internal development programs. The initiation of enrollment in the Phase 2b trial for Bosakitug in Atopic Dermatitis (AD) is on track for the first half of 2025, and the company's cash runway is expected into 2028.

Tailwinds

  • Phase 2 data is expected in multiple immuno-inflammatory disease indications in 2025.
  • Data from CTTQ’s Phase 2 studies of Bosakitug in Chinese patients with severe asthma and CRSwNP are expected in the first half of 2025.
  • Enrollment in the Phase 2b trial for Bosakitug in Atopic Dermatitis (AD) is on track for the first half of 2025.
  • The company's cash runway is expected into 2028.
  • Top line results expected in the first half of 2025 for Phase 2a Trial in AD of ATI-2138.

Headwinds

  • Uncertainties inherent in the conduct of clinical trials.
  • Reliance on third parties over which the company may not always have full control.
  • Ability to enter into strategic partnerships on commercially reasonable terms.
  • Uncertainty regarding the macroeconomic environment.
  • Risks and uncertainties described in the Risk Factors section of Aclaris’ Annual Report on Form 10-K for the year ended December 31, 2024.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.2%

Avg return

Earnings day

-1.6%

Avg return

5 days after

-0.7%

Avg return

30 days after

38%

16 / 42 earnings

Positive

+22.7%

Q4 2018

Best reaction

-15.3%

Q1 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.7%+1.9%-8.8%
Q4 2025-5.2%-8.2%+6.3%
Q3 2025-4.7%-9.7%+23.7%
Q1 2025-0.8%-3.8%+9.9%
Q4 2024-7.1%-8.1%-24.3%
Q3 2024+10.4%+18.5%+77.5%
Q2 2024-4.1%-6.6%-4.1%
Q1 2024-6.9%-10.7%-21.4%
Q4 2023-1.7%+2.5%+2.5%
Q3 2023+0.9%-11.5%-81.0%
Q2 2023-12.1%-16.5%-23.4%
Q1 2023-7.8%-12.1%+4.5%
Q4 2022-4.9%-1.8%-36.9%
Q3 2022+4.3%+9.3%-0.2%
Q2 2022+18.1%+26.8%+20.6%
Q1 2022-8.9%-4.5%+35.3%
Q4 2021+14.3%+11.3%+33.5%
Q3 2021-12.4%-11.0%-31.4%
Q2 2021+4.1%+1.4%+21.2%
Q1 2021-2.2%-8.6%-8.8%
Q4 2020+7.8%+12.5%+11.4%
Q3 2020+7.0%+7.5%+0.8%
Q2 2020+11.3%+12.8%+9.7%
Q1 2020+12.7%+10.3%+13.5%
Q4 2019-14.0%-20.3%-18.2%
Q3 2019+20.4%+11.7%+2.5%
Q2 2019-11.8%-18.8%-1.0%
Q1 2019-11.2%-14.7%-29.0%
Q4 2018+22.7%+8.7%-7.8%
Q3 2018-1.8%-13.2%-29.8%
Q2 2018-4.6%-3.9%-11.9%
Q1 2018-0.5%+4.2%+1.4%
Q4 2017-6.7%-12.5%-18.4%
Q3 2017-5.7%-3.2%-7.9%
Q2 2017-0.1%-7.1%+1.4%
Q1 2017+6.3%+5.8%+0.6%
Q4 2016-4.9%-5.2%+5.8%
Q3 2016-1.0%-2.7%+39.7%
Q2 2016+3.1%+7.0%+15.0%
Q1 2016-15.3%
Q4 2015-3.9%
Q3 2015+5.8%
Q2 2015
Q4 2014
Q3 2014
Q2 2014

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