NASDAQ$AIXC

AIxCrypto Holdings Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported an increase in FastPack sales and gross profit, strengthened product portfolio with milestone achievements and acquisition.

Qualigen Therapeutics reported increased revenues driven by FastPack sales, reduced net loss, and decreased research and development costs. They are progressing with their therapeutic pipeline and expanding their diagnostics business through strategic partnerships.

  • FastPack sales increased by approximately 28% year-over-year.
  • Gross profit on product sales was up 64% year-over-year.
  • Net loss decreased by approximately 24% compared to the same quarter of the previous year.
  • Company is on track to complete IND-enabling studies for QN-302 in Q3 and Q4 2022.

Headline financials

Total Revenue

$1.43M

Previous: $838K+70.8%
EPS (adj)

-$55.00

Previous: -$90.00+38.9%
Gross Profit Margin

0.2%

Previous: 0.2%+18.2%
Capital Expenditures

-$63.5K

Previous: -$136K+53.4%
Free Cash Flow

-$4.19M

Previous: -$8.25M+49.2%
Net Income

-$4.12M

Previous: -$8.11M+49.2%
Operating Income

-$4.14M

Previous: -$3.72M-11.4%
Gross Profit

$1.36M

Previous: $1.09M+24.6%
Cash & Equivalents

$9.75M

Previous: $14.5M-32.6%
Total Assets

$26.3M

Previous: $20.7M+27.4%
Stock-Based Comp

$1.42M

Previous: $1.29M+10.6%

Revenue & EPS history

Qualigen · Revenue · Quarterly

$1.43M

Q2 2022+70.8%vs Q2 2021
Beat estimate in 4 of 9 quarters(44%)
ActualEstimate

Revenue by segment

Qualigen · $700K total across 1 segment · Q1 2022

  • Product Sales
    $700K-50.0%

Forward guidance

Qualigen Therapeutics is focused on executing its strategy and achieving value-driving milestones for the remainder of 2022.

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 Q2 2022

Historical avgQ2 2022

-1.6%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-8.3%

Avg return

30 days after

43%

16 / 37 earnings

Positive

+18.8%

Q3 2016

Best reaction

-22.8%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025+10.4%-3.7%-13.2%
Q2 2025+6.8%+7.1%+19.0%
Q1 2025+2.0%-7.0%-37.4%
Q3 2024-12.6%-6.3%-6.1%
Q2 2024-1.7%+8.5%-17.5%
Q1 2024+5.7%+68.7%+41.6%
Q4 2023+1.0%-15.9%-29.1%
Q3 2023+4.5%+2.4%-14.7%
Q2 2023+1.0%+2.9%-6.4%
Q1 2023-5.9%-3.8%-5.9%
Q4 2022+0.9%+12.7%+0.8%
Q3 2022-4.5%-3.2%-35.5%
Q2 2022-0.2%-3.5%-23.1%
Q1 2022+5.4%+0.0%+20.8%
Q4 2021-3.2%-5.5%-15.3%
Q3 2021+0.9%-6.1%-9.0%
Q2 2021-22.8%-29.3%-12.0%
Q1 2021+17.6%+20.3%+46.4%
Q4 2020+5.8%+1.2%-17.3%
Q4 2019-14.0%-13.5%+6.9%
Q3 2019-16.6%-25.3%-31.5%
Q2 2019-1.4%+4.1%-64.5%
Q1 2019-2.8%-9.6%-5.1%
Q4 2018+10.0%+9.4%-10.7%
Q3 2018-12.0%-12.2%-17.3%
Q2 2018-2.4%-5.9%-18.5%
Q1 2018+1.1%+13.1%+7.4%
Q4 2017-4.9%+2.7%+9.3%
Q3 2017-7.2%-11.1%-15.3%
Q2 2017-4.4%-6.7%-2.5%
Q1 2017-1.7%-4.7%-8.4%
Q4 2016-11.4%+6.6%-44.6%
Q3 2016+18.8%+25.0%+23.1%
Q2 2016+1.5%-2.3%+4.6%
Q1 2016-2.8%
Q3 2015-4.7%
Q2 2015-13.8%

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