NASDAQ$CMPS

COMPASS Pathways plc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

COMPASS Pathways reported financial results for Q4 2022 with a net loss of $30.9 million.

COMPASS Pathways announced its Q4 and year-end 2022 financial results, highlighted by the commencement of its Phase 3 pivotal program for COMP360 psilocybin therapy in treatment-resistant depression. The company reported a net loss for the quarter of $30.9 million, or $0.73 loss per share, and a cash position of $143.2 million as of December 31, 2022.

  • Phase 3 pivotal program for COMP360 in treatment-resistant depression is underway.
  • Updates to the Phase 3 program accelerate data readout and streamline long-term follow-up.
  • Net loss for the quarter was $30.9 million, or $0.73 loss per share.
  • Cash and cash equivalents were $143.2 million as of December 31, 2022.

Headline financials

EPS (adj)

-$0.73

Previous: -$0.61-19.7%
Weighted Average Ordinary Shares Outstanding (Basic)

42.4M

No prior period
Capital Expenditures

$107K

Previous: $93K+15.1%
Free Cash Flow

-$45.4M

Previous: -$22.5M-102.2%
Net Income

-$30.9M

Previous: -$25.7M-20.6%
Operating Income

-$32.2M

Previous: -$28.3M-13.7%
Cash & Equivalents

$143M

Previous: $273M-47.6%
Total Assets

$197M

Previous: $301M-34.4%
Stock-Based Comp

$3.31M

Previous: $2.78M+19.1%

Revenue & EPS history

COMPASS · Revenue · Quarterly

$0

Q4 2026

Forward guidance

First quarter 2023 net cash used in operating activities is expected to be in the range of $24 million to $32 million and the full-year 2023 to be in the range of $85 million to $110 million.

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 2022

Historical avgQ4 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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