NASDAQ$BCYC

Bicycle Therapeutics plc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Bicycle Therapeutics reported financial results for the third quarter ended September 30, 2020 and discussed recent corporate updates.

Bicycle Therapeutics reported their Q3 2020 financial results, highlighting the initiation of three clinical trials and a strengthened corporate leadership. The company's cash position was $149.8 million as of September 30, 2020.

  • Initiated three clinical trials of novel Bicycles, including a Phase IIa for BT1718, a Phase I for BT8009, and a Phase II for THR-149.
  • Cash was $149.8 million at September 30, 2020, including net proceeds from an ATM offering and debt financing.
  • Corporate leadership was strengthened with key appointments to the Scientific Advisory Board and senior management team.
  • Company is well-positioned to realize the full potential of its disruptive Bicycle technology.

Headline financials

Total Revenue

$3.84M

Previous: $614K+525.7%
EPS (adj)

-$0.52

Previous: -$0.53+1.9%
Capital Expenditures

-$716K

Previous: -$1.16M+38.5%
Free Cash Flow

-$10.9M

Previous: -$10.6M-2.0%
Net Income

-$10.1M

Previous: -$9.48M-6.9%
Operating Income

-$10.7M

Previous: -$10.3M-4.1%
Gross Profit

-$3.52M

No prior period
Cash & Equivalents

$0.00

No prior period
Total Assets

$170M

No prior period
Stock-Based Comp

$1.51M

No prior period

Revenue & EPS history

Bicycle · Revenue · Quarterly

$3.84M

Q3 2020+525.7%vs Q3 2019
Beat estimate in 3 of 9 quarters(33%)
ActualEstimate

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 Q3 2020

Historical avgQ3 2020

+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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