NASDAQ$ARDX

Ardelyx Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Ardelyx reported fourth quarter and full year 2020 financial results, highlighting the company's readiness for the potential launch of tenapanor.

Ardelyx reported total revenues of $1.809 million for the fourth quarter of 2020 and a net loss of $28.876 million. The company's cash, cash equivalents and investments are expected to fund operations into the second half of 2022.

  • Submitted NDA for tenapanor for hyperphosphatemia with PDUFA date of April 29, 2021.
  • Presented data from Phase 1 clinical study with RDX013, planning Phase 2 study in 2021.
  • Enhanced commercial capabilities with key leadership appointments.
  • Launched “Can We Do Better?” Disease Awareness Campaign.

Headline financials

Total Revenue

$1.81M

Previous: $2.25M-19.6%
EPS (adj)

-$0.32

Previous: -$0.27-18.5%
Capital Expenditures

$250K

No prior period
Free Cash Flow

-$17.8M

Previous: -$11.1M-60.2%
Net Income

-$28.9M

Previous: -$19.8M-45.9%
Operating Income

-$27.6M

Previous: -$18.8M-46.7%
Gross Profit

$1.81M

Previous: $2.25M-19.8%
Cash & Equivalents

$91M

Previous: $181M-49.7%
Total Assets

$202M

Previous: $260M-22.4%
Stock-Based Comp

$2.43M

Previous: $2.21M+10.0%

Revenue & EPS history

Ardelyx · Revenue · Quarterly

$1.81M

Q4 2020-19.6%vs Q4 2019
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Revenue by segment

Ardelyx · $35M total across 1 segment · Q4 2022

  • Licensing Revenue
    $35M

Forward guidance

Ardelyx expects that its cash, cash equivalents and investments will be sufficient to fund the company’s operations into the second half of 2022 based on its current operating plans.

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 2020

Historical avgQ4 2020

+0.0%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+5.2%

Avg return

30 days after

40%

20 / 50 earnings

Positive

+31.9%

Q1 2024

Best reaction

-24.8%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.2%+12.2%-4.7%
Q4 2025-14.9%-2.7%-21.2%
Q3 2025+18.6%+18.8%+15.8%
Q1 2025-24.8%-32.4%-32.9%
Q4 2024-10.1%-18.6%-19.3%
Q3 2024+3.4%-2.9%-3.7%
Q2 2024+9.0%+9.5%+11.4%
Q1 2024+31.9%+40.8%+3.8%
Q4 2023+2.1%+13.8%-9.4%
Q3 2023+8.8%+11.0%+24.6%
Q2 2023+4.2%-2.3%+25.5%
Q1 2023+5.9%-5.6%-20.7%
Q4 2022+30.8%+34.9%+64.0%
Q3 2022+0.7%-11.6%+25.9%
Q2 2022+11.5%+14.9%+42.5%
Q1 2022-10.7%-20.3%-26.0%
Q4 2021-7.6%+17.0%+37.1%
Q3 2021-3.4%-12.1%+25.9%
Q2 2021-1.3%-9.9%-10.5%
Q1 2021+0.6%+1.1%+0.5%
Q4 2020-4.8%+4.5%+14.2%
Q3 2020-6.3%+1.9%+10.3%
Q2 2020+1.4%-2.6%+0.7%
Q1 2020+2.2%+5.0%-4.2%
Q4 2019-7.3%-9.1%-12.6%
Q3 2019+2.2%+12.5%+22.1%
Q2 2019-3.8%-5.1%+108.1%
Q1 2019-4.7%-4.1%-22.3%
Q4 2018+8.0%+9.7%+9.0%
Q3 2018-6.7%-10.6%-29.4%
Q2 2018-7.1%+0.0%-7.1%
Q1 2018+0.0%+2.5%-24.8%
Q4 2017-5.0%-4.5%-6.2%
Q3 2017+2.2%+4.5%+8.2%
Q2 2017+11.0%+17.2%+29.9%
Q1 2017-2.2%-0.8%-63.4%
Q4 2016-2.4%-1.1%+13.7%
Q3 2016+2.5%+25.6%+21.3%
Q2 2016-0.8%-1.9%+5.8%
Q1 2016-0.5%
Q4 2015-5.6%
Q3 2015-4.4%
Q2 2015-2.8%
Q1 2015-0.4%
Q1 2014-0.4%
Q4 2014-5.2%
Q3 2013-5.5%
Q3 2014-5.5%
Q2 2013-1.3%
Q2 2014-5.2%
Q4 2013
Q1 2013

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