NASDAQ$CNTA

Centessa Pharmaceuticals plc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Centessa Pharmaceuticals reported financial results and business highlights.

Centessa Pharmaceuticals reported a net loss of $53.9 million for the third quarter of 2022, with cash and cash equivalents of $444.8 million as of September 30, 2022. The company is advancing its pivotal program for SerpinPC, planning to present Phase 2a OLE study data at ASH, and on track to submit the IND for LB101 in late 2022. The cash runway is expected to fund operations into 2026.

  • Pivotal program for SerpinPC in hemophilia B advancing; PRESent-5 observation study on track to begin this quarter.
  • Data readout of SerpinPC Phase 2a OLE Study with additional 18-months of continued subcutaneous treatment at ASH Annual Meeting in December 2022.
  • IND submission for LB101, a conditionally tetravalent PD-L1xCD47 bispecific monoclonal antibody, on track for late 2022.
  • Cash runway into 2026 enables multiple clinical readouts across pipeline.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.57

Previous: -$0.45-26.7%
Capital Expenditures

$16K

Previous: $48K-66.7%
Free Cash Flow

-$39.1M

Previous: -$33.2M-17.7%
Net Income

-$53.9M

Previous: -$40.2M-34.1%
Operating Income

-$49M

Previous: -$38.3M-28.0%
Cash & Equivalents

$445M

Previous: $579M-23.2%
Total Assets

$479M

Previous: $612M-21.7%
Stock-Based Comp

$7.03M

Previous: $4.13M+70.0%

Revenue & EPS history

Centessa · Revenue · Quarterly

$0

Q3 2022
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Forward guidance

Centessa Pharmaceuticals expects its cash and cash equivalents to fund operations into 2026.

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 Q3 2022

Historical avgQ3 2022

+1.0%

Avg return

Earnings day

+0.0%

Avg return

5 days after

+4.0%

Avg return

30 days after

55%

11 / 20 earnings

Positive

+19.4%

Q2 2024

Best reaction

-14.6%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.1%-0.3%+0.3%
Q4 2025-4.2%+6.1%+45.9%
Q3 2025-5.2%-5.9%+26.0%
Q1 2025-1.2%-1.6%-0.6%
Q4 2024-4.9%-12.3%-18.2%
Q3 2024+8.1%-4.4%+0.8%
Q2 2024+19.4%+18.5%+43.1%
Q1 2024+0.8%-1.1%+8.1%
Q4 2023-0.2%+2.1%-19.6%
Q3 2023+6.8%+13.4%+7.1%
Q2 2023+3.6%-4.2%+1.0%
Q1 2023+0.2%+0.9%-0.4%
Q4 2022-1.3%-3.1%+21.0%
Q3 2022+5.3%+4.7%+15.1%
Q2 2022-14.6%-22.4%-19.4%
Q1 2022+2.0%-15.7%-21.1%
Q4 2021-0.2%+9.6%-3.0%
Q3 2021+2.5%+9.3%-9.9%
Q1 2021+1.7%+3.4%+2.1%
Q2 2021+1.7%+3.4%+2.1%
Q4 2020

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