NASDAQ$CMPS

COMPASS Pathways plc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported financial results for Q4 and full year 2021 and provided a business update.

COMPASS Pathways reported a net loss for the quarter ended December 31, 2021, was $25.7 million, or $0.61 loss per share. The company's cash and cash equivalents were $273.2 million as of December 31, 2021.

  • Positive results from phase IIb COMP360 psilocybin therapy trial for treatment-resistant depression (TRD); rapid and sustained response for patients receiving a single 25mg dose of COMP360 psilocybin with psychological support
  • Positive results from open-label study of 25mg COMP360 psilocybin therapy as adjunct to SSRI antidepressants in TRD
  • Launch of phase II study of COMP360 psilocybin therapy for post-traumatic stress disorder (PTSD)
  • New senior executives appointed: Dr Guy Goodwin as Chief Medical Officer, Mike Falvey as Chief Financial Officer and Matt Owens as General Counsel and Chief Legal Officer

Headline financials

EPS (adj)

-$0.61

Previous: -$0.52-17.3%
Capital Expenditures

$93K

Previous: $27K+244.4%
Free Cash Flow

-$22.5M

Previous: -$16.8M-33.9%
Net Income

-$25.7M

Previous: -$18.8M-36.4%
Operating Income

-$28.3M

Previous: -$11.5M-145.9%
Cash & Equivalents

$273M

Previous: $190M+43.6%
Total Assets

$301M

Previous: $203M+47.9%
Stock-Based Comp

$2.78M

Previous: $1.37M+103.7%

Revenue & EPS history

COMPASS · Revenue · Quarterly

$0

Q4 2026

Forward guidance

The company is preparing for phase III trials.

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 Q4 2021

Historical avgQ4 2021

-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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