NASDAQ$ADAPY

Adaptimmune Therapeutics Plc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Adaptimmune reported financial results and provided a business update.

Adaptimmune reported first quarter financial results, with a revenue of $0.4 million and a net loss of $37.8 million. The company's cash and cash equivalents totaled $32.4 million, and total liquidity reached $317.9 million. Financial guidance confirmed funding into early 2023.

  • Initial SPEARHEAD-1 data to be presented in an oral presentation at ASCO
  • First preclinical update from HLA-independent TCR (HiT) targeting mesothelin at ASGCT
  • Enrollment momentum in SURPASS and ADP-A2AFP clinical trials increased in Q1
  • Astellas nominates second target as part of allogeneic co-development and co-commercialization agreement

Headline financials

Total Revenue

$434K

Previous: $761K-43.0%
EPS (adj)

-$0.24

Previous: -$0.04-500.0%
Total Liquidity

$318M

No prior period
Capital Expenditures

$1.15M

No prior period
Free Cash Flow

-$47.7M

No prior period
Net Income

-$37.8M

No prior period
Operating Income

-$37.9M

No prior period
Gross Profit

-$24.1M

No prior period
Cash & Equivalents

$32.4M

No prior period
Total Assets

$412M

No prior period
Stock-Based Comp

$5.33M

No prior period

Revenue & EPS history

Adaptimmune · Revenue · Quarterly

$434K

Q1 2021-43%vs Q1 2020
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Adaptimmune · $1.42M total across 1 segment · Q4 2021

  • Development revenue
    $1.42M

Forward guidance

The Company believes that its existing cash, cash equivalents and marketable securities will fund the Company’s current operations into early 2023.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-3.0%

Avg return

Earnings day

-7.9%

Avg return

5 days after

-3.2%

Avg return

30 days after

37%

16 / 43 earnings

Positive

+26.5%

Q3 2022

Best reaction

-37.7%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+0.0%-90.0%
Q3 2025+0.0%-90.0%
Q2 2025+1.3%-9.1%-27.3%
Q1 2025+4.7%+0.7%-7.9%
Q4 2024-37.7%-44.3%-47.0%
Q3 2024-25.5%+12.5%-1.9%
Q2 2024+5.8%+8.8%+8.8%
Q1 2024+4.3%-4.3%-12.2%
Q4 2023+19.2%+5.5%-6.2%
Q3 2023-8.2%-20.6%-8.6%
Q2 2023-5.2%-8.7%-14.5%
Q1 2023+2.2%-1.5%-27.4%
Q4 2022-29.0%-36.4%-40.3%
Q3 2022+26.5%+51.2%+6.0%
Q2 2022+20.6%+14.4%+4.1%
Q1 2022-8.8%-17.5%-0.6%
Q4 2021-4.9%+19.8%+7.7%
Q3 2021+0.0%+0.7%-34.6%
Q2 2021+2.3%+14.3%+79.1%
Q1 2021-6.6%-6.7%-7.4%
Q4 2020-7.5%-9.3%-14.4%
Q3 2020-1.7%-7.9%-15.7%
Q2 2020-8.5%-6.8%-8.9%
Q1 2020+2.4%+13.9%+118.9%
Q4 2019+3.1%-0.3%-18.8%
Q3 2019-18.2%-25.6%+1.8%
Q2 2019-23.7%-36.0%-51.1%
Q1 2019-6.9%-9.1%-18.1%
Q4 2018-9.7%-12.1%-11.5%
Q3 2018-6.7%-13.3%-19.4%
Q2 2018-8.7%-8.3%+19.0%
Q1 2018+2.6%-0.5%-1.2%
Q4 2017+20.1%+12.5%+35.2%
Q3 2017+8.8%+8.8%+7.9%
Q2 2017+1.7%+2.4%+23.2%
Q1 2017-3.0%+4.1%+0.6%
Q3 2016+2.9%+0.0%-14.6%
Q2 2016-7.2%-12.6%-16.9%
Q1 2016-5.1%
Q3 2015-10.5%
Q4 2015-10.5%
Q1 2015-0.8%
Q2 2015-0.8%
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013

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