NASDAQ$BCYC

Bicycle Therapeutics plc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported financial results for the first quarter ended March 31, 2021.

Bicycle Therapeutics reported its financial results for the first quarter ended March 31, 2021, highlighting the advancement of multiple Bicycle Toxin Conjugates® (BTCs) in the clinic and the preparation for BT7480 to enter the clinic later this year.

  • Advanced multiple Bicycle Toxin Conjugates® (BTCs) in the clinic.
  • Prepared for BT7480, a lead tumor-targeted immune cell agonist, to enter the clinic later this year.
  • Expanded the use of the Bicycle platform outside of oncology.
  • Significantly strengthened the balance sheet.

Headline financials

Total Revenue

$1.81M

Previous: $1.13M+60.1%
EPS (adj)

-$0.73

Previous: -$0.63-15.9%
Capital Expenditures

-$623K

Previous: -$320K-94.7%
Free Cash Flow

-$16.8M

Previous: -$11.6M-44.4%
Net Income

-$16.2M

Previous: -$11.3M-43.0%
Operating Income

-$16M

Previous: -$11.6M-37.6%
Gross Profit

-$7.89M

No prior period
Cash & Equivalents

$196M

No prior period
Total Assets

$224M

No prior period
Stock-Based Comp

$3.82M

No prior period

Revenue & EPS history

Bicycle · Revenue · Quarterly

$1.81M

Q1 2021+60.1%vs Q1 2020
Beat estimate in 3 of 10 quarters(30%)
ActualEstimate

Forward guidance

Bicycle Therapeutics plans to build on the momentum during the year, with a presentation of preclinical data at AACR highlighting the potential therapeutic benefits that Bicycles may offer for treating cancer and other serious diseases.

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 Q1 2021

Historical avgQ1 2021

+1.2%

Avg return

Earnings day

-1.6%

Avg return

5 days after

+0.1%

Avg return

30 days after

52%

14 / 27 earnings

Positive

+19.3%

Q4 2019

Best reaction

-10.8%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%+3.6%-0.8%
Q4 2025-4.2%-13.9%+1.8%
Q3 2025+6.7%-16.0%-8.6%
Q1 2025+6.1%-13.6%-4.0%
Q4 2024-1.3%-2.5%-18.3%
Q3 2024-5.5%-2.2%-15.1%
Q2 2024-0.7%+2.1%-10.0%
Q1 2024+1.6%-4.6%-8.3%
Q4 2023+3.1%+9.5%+14.9%
Q3 2023+1.2%-0.7%-2.3%
Q2 2023+1.3%-2.8%-4.1%
Q1 2023-0.4%+2.5%+15.7%
Q4 2022-1.9%-5.5%-6.2%
Q3 2022-3.2%+0.8%+29.6%
Q2 2022+14.8%+17.7%+12.8%
Q1 2022-10.8%-22.6%-33.6%
Q4 2021-1.2%-9.7%-7.6%
Q3 2021+0.7%+2.5%-6.8%
Q2 2021+1.8%+2.3%+36.0%
Q1 2021+1.9%-1.3%-5.5%
Q4 2020+1.9%+2.0%+3.8%
Q3 2020-1.5%+3.1%+5.2%
Q2 2020-0.2%+0.0%+5.8%
Q1 2020+0.7%+6.6%+23.2%
Q4 2019+19.3%+1.5%-2.3%
Q3 2019-4.2%-7.7%-4.8%
Q2 2019+5.9%+5.4%-6.6%
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017

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