NASDAQ$BCYC

Bicycle Therapeutics plc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Bicycle Therapeutics reported financial results for the fourth quarter and full year ended December 31, 2022.

Bicycle Therapeutics reported its Q4 2022 financial results, highlighting clinical progress across its pipeline, including BT8009, BT5528, and BT7480. The company's cash position at the end of the year was $339.2 million, expected to provide financial runway into 2025.

  • Continued clinical progress was made across the pipeline, including advancing BT8009 and BT5528 into ongoing dose expansion cohorts.
  • BT8009 was granted Fast Track Designation by the U.S. Food and Drug Administration.
  • Phase I results for BT8009 were presented at the ASCO GU Cancers Symposium.
  • The company's cash position of $339.2 million at December 31, 2022, is expected to provide financial runway into 2025.

Headline financials

Total Revenue

$3.19M

Previous: $3.77M-15.5%
EPS (adj)

-$1.01

Previous: -$0.63-60.3%
Capital Expenditures

$1.45M

Previous: $1.07M+35.7%
Free Cash Flow

-$31.8M

Previous: -$11.5M-176.1%
Net Income

-$30M

Previous: -$18M-66.2%
Operating Income

-$32.2M

Previous: -$18M-78.7%
Gross Profit

$1.79M

Previous: -$10.1M+117.7%
Cash & Equivalents

$339K

Previous: $439K-22.7%
Total Assets

$411M

Previous: $480M-14.4%
Stock-Based Comp

$5.54M

Previous: $3M+84.7%

Revenue & EPS history

Bicycle · Revenue · Quarterly

$3.19M

Q4 2022-15.5%vs Q4 2021
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 Q4 2022

Historical avgQ4 2022

+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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