NASDAQ$CMPS

COMPASS Pathways plc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

COMPASS Pathways reported financial results for the third quarter of 2022 and provided a business update.

COMPASS Pathways announced the finalization of its Phase 3 pivotal program design and progress in clinical trials, including the publication of Phase 2b trial data in The New England Journal of Medicine. The company's cash position at the end of the quarter was $173.1 million. The net loss for the quarter was $18.4 million, or $0.43 loss per share.

  • Phase 3 pivotal program design finalized and on track to start in 2022; several clinical sites have been initiated
  • Phase 2b trial data published in The New England Journal of Medicine
  • Cash position at 30 September 2022 of $173.1 million
  • Phase 3 program on track to commence in 2022

Headline financials

EPS (adj)

-$0.43

No prior period
Capital Expenditures

-$5K

No prior period
Free Cash Flow

-$19M

No prior period
Net Income

-$18.4M

No prior period
Operating Income

-$25.5M

No prior period
Cash & Equivalents

$173M

No prior period
Total Assets

$225M

No prior period
Stock-Based Comp

$3.5M

No prior period

Revenue & EPS history

COMPASS · Revenue · Quarterly

$0

Q4 2026

Forward guidance

The COMP360 Phase 3 pivotal program in treatment-resistant depression is designed to generate the evidence required for regulatory approval and to ensure commercial success through integration into healthcare systems. The company is on track to start the Phase 3 program this year and is making steady progress toward establishing the full global footprint for this program, which includes actively initiating new sites and training therapists.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

-0.7%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+4.1%

Avg return

30 days after

32%

6 / 19 earnings

Positive

+25.1%

Q2 2022

Best reaction

-23.3%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-5.9%+12.7%+29.1%
Q3 2025-0.5%+4.7%-12.3%
Q1 2025+0.5%+4.3%+28.3%
Q4 2024+5.9%+4.1%-20.5%
Q3 2024-23.3%-27.0%-25.8%
Q1 2024+0.0%-4.9%-18.7%
Q4 2023-7.2%-12.1%-32.7%
Q3 2023+10.9%+4.7%+5.5%
Q2 2023-4.7%-8.8%+4.2%
Q1 2023-4.1%-2.3%-8.7%
Q4 2022-3.4%+0.8%+23.3%
Q3 2022+2.0%-3.9%+14.4%
Q2 2022+25.1%+18.1%+4.6%
Q1 2022-8.2%+3.7%+33.0%
Q4 2021+8.1%+15.5%-1.1%
Q2 2021-5.8%-8.1%+5.4%
Q4 2020-1.2%+4.5%-5.9%
Q4 2019-1.2%+4.5%-5.9%
Q3 2020-0.2%+1.4%+61.6%
Q1 2020
Q3 2019
Q2 2019
Q1 2019

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