NASDAQ$BCYC

Bicycle Therapeutics plc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Bicycle Therapeutics reported financial results for Q4 2023 and provided corporate updates.

Bicycle Therapeutics reported its Q4 and full year 2023 financial results, highlighting progress across its oncology portfolios and discovery pipeline. The company's cash and cash equivalents were $526.4 million as of December 31, 2023, expected to provide financial runway into 2026.

  • Phase 2/3 Duravelo-2 registrational trial for BT8009 in metastatic urothelial cancer is now active and recruiting patients.
  • Initial clinical data for BT8009 showed a promising response and differentiated safety profile.
  • R&D Day outlined near-term strategic priorities and highlighted the breadth of Bicycle® platform technology.
  • Stephen Sands was appointed to the Board of Directors.

Headline financials

Total Revenue

$5.33M

Previous: $3.19M+67.4%
EPS (adj)

-$1.16

Previous: -$1.01-14.9%
Capital Expenditures

-$49.6K

Previous: $1.45M-103.4%
Net Income

-$49.1M

Previous: -$30M-63.8%
Operating Income

-$54.2M

Previous: -$32.2M-68.4%
Gross Profit

$3.66M

Previous: $1.79M+104.8%
Stock-Based Comp

$7.81M

Previous: $5.54M+41.0%

Revenue & EPS history

Bicycle · Revenue · Quarterly

$5.33M

Q4 2023+67.4%vs Q4 2022
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 2023

Historical avgQ4 2023

+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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