NASDAQ$ALDX

Aldeyra Therapeutics Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Aldeyra reported full-year financial results and corporate highlights.

Aldeyra Therapeutics reported full-year 2021 financial results, with cash and cash equivalents of $229.8 million as of December 31, 2021. The company believes that existing cash will be sufficient to fund operating expenses through the end of 2023. Net loss for the year was $57.8 million, or $1.07 per share.

  • Top-line data from Phase 2 proof-of-concept trials of ADX-629 in multiple systemic indications are expected by the end of March 2022.
  • Results from the Phase 3 TRANQUILITY-2 Trial of Reproxalap in Dry Eye Disease are expected mid-2022.
  • Results from Part 1 of the Phase 3 GUARD Trial of ADX-2191 in Proliferative Vitreoretinopathy are expected in the second half of 2022.
  • Phase 2 Clinical Trial of ADX-2191 in Retinitis Pigmentosa was initiated in the first quarter of 2022; Results Expected in the Second Half of 2022.

Headline financials

EPS (adj)

-$0.27

Previous: -$0.30+10.0%
Free Cash Flow

-$11.6M

No prior period
Net Income

-$57.8M

No prior period
Operating Income

-$56.2M

Previous: -$36.4M-54.4%
Cash & Equivalents

$230M

Previous: $77.9M+195.0%
Total Assets

$233M

No prior period
Stock-Based Comp

$984K

No prior period

Revenue & EPS history

Aldeyra · Revenue · Quarterly

$0

Q1 2025
Beat estimate in 0 of 4 quarters(0%)
ActualEstimate

Forward guidance

Aldeyra anticipates data milestones for systemic and retinal disease platforms in 2022, alongside the completion of clinical development for reproxalap in dry eye disease.

Tailwinds

  • Top-line data from Phase 2 proof-of-concept trials of ADX-629 in psoriasis, asthma, and COVID-19 are expected by the end of March 2022.
  • Results from the Phase 3 TRANQUILITY-2 Trial of reproxalap in dry eye disease are expected mid-2022.
  • Results from Part 1 of the Phase 3 GUARD Trial of ADX-2191 in proliferative vitreoretinopathy are expected in the second half of 2022.
  • Phase 2 Clinical Trial of ADX-2191 in Retinitis Pigmentosa was initiated in the first quarter of 2022; Results Expected in the Second Half of 2022.
  • Potential NDA submissions and initial commercialization of reproxalap, if approved, are planned.

Headwinds

  • Development timelines may be subject to adjustment depending on recruitment rate, regulatory review, and clinical results.
  • Delay in or failure to obtain regulatory approval of Aldeyra's product candidates is possible.
  • The risk that prior results observed from preclinical or clinical trials will not be replicated or will not continue in ongoing or future studies.
  • Uncertainty as to Aldeyra’s ability to commercialize product candidates following regulatory approval.
  • Political, economic, legal, social and health risks, including the COVID-19 pandemic and related public health measures, and war or other military actions, may affect Aldeyra’s business or the global economy.

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 2021

Historical avgQ4 2021

+0.7%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+4.1%

Avg return

30 days after

47%

24 / 51 earnings

Positive

+22.7%

Q4 2026

Best reaction

-14.1%

Q4 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+22.7%-2.3%-6.4%
Q3 2025-2.5%+10.2%-2.3%
Q1 2025+0.9%-3.6%+72.3%
Q4 2024+4.5%+4.4%-71.5%
Q3 2024+2.2%-11.9%-3.3%
Q2 2024-10.7%-12.7%+46.1%
Q1 2024-1.0%-0.7%-8.1%
Q4 2023-7.9%-23.5%+20.1%
Q3 2023+7.7%+24.9%+36.8%
Q2 2023+0.8%-6.6%-5.0%
Q1 2023+3.8%+0.8%+4.6%
Q4 2022-2.6%+6.6%+34.2%
Q3 2022+12.2%+9.5%+18.5%
Q2 2022+15.4%+24.0%+11.2%
Q1 2022-7.5%-10.2%+4.1%
Q4 2021+18.4%+19.4%+9.1%
Q3 2021+10.4%+6.9%-6.8%
Q2 2021+11.1%+8.4%+4.3%
Q1 2021+4.3%+4.8%+5.6%
Q4 2020+3.6%-3.1%-0.3%
Q3 2020-1.6%-1.6%+5.7%
Q2 2020-4.4%-11.4%-21.6%
Q1 2020-2.7%+14.3%+64.8%
Q4 2019-10.0%-27.6%-15.4%
Q3 2019-1.7%+1.0%-21.6%
Q2 2019-4.2%-0.7%-9.4%
Q1 2019-2.9%-7.0%-14.4%
Q4 2018+2.3%+20.2%+15.1%
Q3 2018-13.1%-11.1%-6.2%
Q2 2018+8.4%+5.6%+10.5%
Q1 2018+2.9%+1.7%+0.0%
Q4 2017-14.1%-14.7%-1.8%
Q3 2017+2.6%+4.3%+19.8%
Q2 2017-7.4%-6.4%-10.6%
Q1 2017+7.6%+12.7%+17.7%
Q4 2016-2.9%+1.0%-15.5%
Q3 2016+2.7%-3.6%-22.5%
Q2 2016+0.3%-2.8%-3.8%
Q1 2016-3.1%
Q4 2015-1.4%
Q3 2015-3.2%
Q2 2015-5.3%
Q1 2015-1.1%
Q4 2014-3.7%
Q3 2013+5.3%
Q3 2014+5.5%
Q2 2013+15.0%
Q2 2014-6.3%
Q1 2014-4.6%
Q1 2013-4.6%
Q4 2013-4.6%
Q4 2012

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