NASDAQ$CYPH

Cypherpunk Technologies Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Leap Therapeutics reported financial results for Q4 2021, featuring updates on DKN-01 development and strategic collaborations.

Leap Therapeutics reported Q4 2021 financial results, highlighting DKN-01 development and a strategic collaboration with BeiGene. License revenues were $0.4 million. Research and development expenses were $8.1 million, and general and administrative expenses were $2.8 million. Cash and cash equivalents totaled $114.9 million at the end of the year.

  • Leap Therapeutics presented positive data from the DisTinGuish clinical trial, demonstrating efficacy in G/GEJ cancer patients with high tumoral DKK1 expression.
  • The company is well-funded to advance DKN-01 into the next stages of development in G/GEJ and other cancers.
  • Leap Therapeutics will present updated data from the DisTinGuish Study in the second half of 2022.
  • DKN-01 modulates the Wnt/Beta-catenin and PI3kinase/AKT signaling pathways, playing a role in tumor cell signaling.

Headline financials

Total Revenue

$375K

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

-$1.00

Previous: -$0.90-11.1%
Net Income

-$40.6M

Previous: -$6.71M-505.1%
Operating Income

-$40.6M

Previous: -$7.15M-467.5%
Gross Profit

$375.00

Previous: $375K-99.9%
Cash & Equivalents

$115M

Previous: $52.1M+120.5%
Total Assets

$118M

Previous: $54.4M+116.9%
Stock-Based Comp

$938K

Previous: $715K+31.2%

Revenue & EPS history

Leap Therapeutics · Revenue · Quarterly

$375K

Q4 2021+0%vs Q4 2020
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

Forward guidance

Leap Therapeutics is focused on developing targeted and immuno-oncology therapeutics and expects to advance DKN-01.

Tailwinds

  • Advancing DKN-01 into next stages of development.
  • Presenting updated data from the DisTinGuish Study in the second half of 2022.
  • Strategic collaboration with BeiGene for DKN-01 development in Asia (excluding Japan), Australia, and New Zealand.
  • DKN-01 is in clinical trials in patients with esophagogastric, hepatobiliary, gynecologic, and prostate cancers.
  • Well funded to advance DKN-01

Headwinds

  • Clinical trials may not have an effective design or generate positive results.
  • Potential delays or adverse effects due to COVID-19 related issues.
  • Unstable global market and economic conditions.
  • Uncertainties in the clinical development process.
  • Ability to obtain and maintain regulatory approval of drug product candidates.

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 Q4 2021

Historical avgQ4 2021

+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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro