NASDAQ$CABA

Cabaletta Bio Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Cabaletta Bio reported financial results and provided a business update.

Cabaletta Bio reported its Q4 and full year 2021 financial results. The company's DesCAARTes trial is progressing, and the MuSK-CAART IND application was cleared with Fast Track Designation granted by the FDA. The company ended the year with $122.2 million in cash on hand.

  • Observed a dose-dependent increase in DSG3-CAART persistence in cohort A3 relative to cohorts A1 and A2 throughout the 28 days following infusion.
  • Reported top-line biologic activity data from the two lowest dose cohorts in the DesCAARTes™ trial.
  • Progressing in cohort A5 of DesCAARTes™ trial.
  • MuSK-CAART Investigational New Drug (IND) application cleared and Fast Track Designation granted by the U.S. Food and Drug Administration (FDA).

Headline financials

EPS (adj)

-$0.49

Previous: -$0.40-22.5%
Capital Expenditures

$151K

No prior period
Free Cash Flow

-$10.7M

No prior period
Net Income

-$13.9M

Previous: -$9.31M-49.2%
Operating Income

-$13.9M

Previous: -$9.33M-48.9%
Cash & Equivalents

$122M

Previous: $109M+12.4%
Total Assets

$126M

No prior period
Stock-Based Comp

$1.6M

No prior period

Revenue & EPS history

Cabaletta Bio · Revenue · Quarterly

$0

Q3 2025
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Forward guidance

Cabaletta expects that its cash and cash equivalents as of December 31, 2021, will enable it to fund its operating plan through the third quarter of 2023.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+2.7%

Avg return

Earnings day

+3.2%

Avg return

5 days after

+5.3%

Avg return

30 days after

67%

16 / 24 earnings

Positive

+22.7%

Q3 2022

Best reaction

-24.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-7.8%-9.0%-16.2%
Q3 2025-5.0%-9.4%-5.1%
Q1 2025-0.6%+6.9%-2.9%
Q4 2024+12.8%-28.4%-14.8%
Q3 2024-24.4%-36.7%-29.7%
Q1 2024+12.4%+14.7%-5.1%
Q4 2023-4.2%-6.4%-26.4%
Q3 2023+4.0%+1.6%-5.6%
Q2 2023+10.0%+10.4%+12.0%
Q1 2023+1.6%+7.0%-1.2%
Q4 2022+9.3%+4.3%+5.4%
Q3 2022+22.7%+84.0%+207.2%
Q2 2022+19.5%+17.2%-26.3%
Q1 2022+21.1%+52.8%-3.3%
Q4 2021+14.6%+32.7%+6.4%
Q3 2021+2.4%-5.3%-19.1%
Q2 2021+2.0%+1.9%+58.0%
Q1 2021-6.6%-14.0%-7.2%
Q4 2020+1.7%-4.0%-8.7%
Q3 2020+6.7%+7.1%+19.3%
Q2 2020+6.4%+4.6%-15.8%
Q1 2020-9.3%-8.0%-8.0%
Q4 2019+0.3%-7.6%+10.7%
Q3 2019-23.7%-38.7%+3.7%
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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