NASDAQ$BCYC

Bicycle Therapeutics plc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Reported recent business progress and third quarter 2024 financial results.

Bicycle Therapeutics reported updated clinical results across its oncology pipeline, including a 45% overall response rate (ORR) for zelenectide pevedotin monotherapy and a 45% ORR for BT5528 6.5 mg/m2 every two weeks monotherapy, both in metastatic urothelial cancer. The company's cash and cash equivalents were $890.9 million as of September 30, 2024, excluding $31.7 million UK R&D tax credit received in October 2024, providing an expected financial runway into 2H 2027.

  • Reported updated clinical results across oncology pipeline.
  • Zelenectide pevedotin monotherapy showed a 45% overall response rate (ORR) in metastatic urothelial cancer.
  • BT5528 6.5 mg/m2 every two weeks monotherapy showed a 45% ORR in metastatic urothelial cancer.
  • Progressed radiopharmaceuticals pipeline with first human imaging data validating the potential of MT1-MMP as a novel cancer target.

Headline financials

Total Revenue

$2.68M

Previous: $0.00
EPS

-$0.74

Previous: -$1.26+41.3%
R&D Expenses

$48.3M

No prior period
G&A Expenses

$18.3M

No prior period
Total Operating Expenses

$66.5M

No prior period
Capital Expenditures

-$867K

Previous: -$2.88M+69.9%
Free Cash Flow

-$51.7M

Previous: -$52.8M+2.1%
Net Income

-$50.8M

Previous: -$49.9M-1.8%
Operating Income

-$63.8M

Previous: -$50.8M-25.7%
Cash & Equivalents

$891M

Previous: $572M+55.7%
Total Assets

$997M

Previous: $639M+56.1%
Stock-Based Comp

$9.2M

Previous: $7.43M+23.8%

Revenue & EPS history

Bicycle · Revenue · Quarterly

$2.68M

Q3 2024
Beat estimate in 6 of 14 quarters(43%)
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 2024

Historical avgQ3 2024

+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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro