NASDAQ$CYPH

Cypherpunk Technologies Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Leap Therapeutics reported financial results for Q1 2022.

Leap Therapeutics reported a net loss of $10.4 million for the first quarter of 2022. There were no license revenues recognized in the first quarter 2022, as the upfront payment was fully recognized as of December 31, 2021. Cash and cash equivalents totaled $103.2 million at March 31, 2022.

  • DKN-01 is progressing across multiple tumor types, with initial prostate cancer data to be presented at the ASCO conference.
  • Updated data readouts from the DisTinGuish study are expected in the second half of the year.
  • Leap Therapeutics is planning to host an R&D Day in late June to outline the clinical development strategy for DKN-01.
  • Net Loss was $10.4 million for the first quarter 2022, compared to $9.1 million for the same period in 2021.

Headline financials

Total Revenue

$375K

Previous: $375K+0.0%
EPS (adj)

-$0.90

Previous: -$1.20+25.0%
Free Cash Flow

-$10.4M

Previous: -$9.13M-13.6%
Net Income

-$10.4M

Previous: -$9.13M-13.6%
Operating Income

-$10.6M

Previous: -$9.17M-15.9%
Cash & Equivalents

$103M

Previous: $43.5M+137.2%
Total Assets

$106M

Previous: $45.8M+131.2%
Stock-Based Comp

$1.2M

Previous: $833K+44.5%

Revenue & EPS history

Leap Therapeutics · Revenue · Quarterly

$375K

Q1 2022+0%vs Q1 2021
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

Forward guidance

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties.

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 Q1 2022

Historical avgQ1 2022

+11.8%

Avg return

Earnings day

+13.6%

Avg return

5 days after

+11.4%

Avg return

30 days after

50%

17 / 34 earnings

Positive

+389.9%

Q3 2025

Best reaction

-44.0%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025+389.9%+454.8%+228.8%
Q2 2025-28.3%-15.6%-11.8%
Q1 2025-2.5%-12.4%-0.5%
Q4 2024+16.9%-21.4%+3.1%
Q3 2024-11.1%-14.5%-9.2%
Q1 2024-1.1%-5.4%-22.1%
Q4 2023-0.5%+14.0%+35.7%
Q3 2023+13.0%+32.6%+128.3%
Q2 2023+7.6%-8.9%-28.4%
Q1 2023+17.1%+44.4%+44.4%
Q4 2022-12.1%-0.9%+11.5%
Q3 2022+12.0%-3.2%-17.7%
Q2 2022+10.0%-0.8%+30.0%
Q1 2022+34.6%+25.4%+10.0%
Q4 2021-8.6%+2.3%+0.0%
Q3 2021+0.4%+0.8%+2.9%
Q2 2021+0.6%+3.6%-12.0%
Q1 2021+9.5%+8.8%+21.6%
Q4 2020+7.9%+6.1%-21.1%
Q3 2020+0.6%-3.1%+21.4%
Q2 2020-3.1%+0.3%-5.6%
Q1 2020+0.0%+0.4%+3.1%
Q4 2019-4.1%-14.2%+20.3%
Q3 2019-44.0%-33.7%-29.7%
Q2 2019-8.9%-10.2%+2.5%
Q1 2019-1.6%-6.5%-0.6%
Q4 2018+10.7%+4.3%-9.1%
Q3 2018-8.8%-17.1%-26.8%
Q2 2018+2.1%+6.1%+8.7%
Q4 2017-1.4%+1.2%+30.8%
Q3 2017-2.1%+16.9%+9.2%
Q2 2017-5.6%+2.0%-6.2%
Q1 2017+8.6%+10.4%-8.9%
Q4 2016+4.0%-4.7%-16.2%
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013

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