NASDAQ$DFTX

Definium Therapeutics Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported full year financial results and business highlights.

MindMed reported its full year 2021 financial results, highlighting a cash balance of $133.5 million at year-end and advancements in its development programs. The company established a regulatory pathway for MM-120 in the treatment of GAD and for MM-402 launched a program to develop a treatment for autism spectrum disorder.

  • FDA cleared MindMed’s Investigational New Drug (IND) application for Phase 2b dose optimization trial of MM-120
  • Progressed development programs for all three lead product candidates
  • Cash balance of $133.5 million at year end 2021
  • Robert Barrow was appointed as Chief Executive Officer and as a member of the Board of Directors

Headline financials

EPS (adj)

-$0.75

Previous: -$0.15-400.0%
R&D expense

$34.8M

Previous: $18.6M+86.7%
G&A expense

$59.1M

Previous: $14.4M+310.2%
Net Income

-$93M

Previous: -$12.5M-643.6%
Operating Income

-$93.9M

Previous: -$12.6M-646.4%
Cash & Equivalents

$134M

No prior period
Total Assets

$164M

No prior period

Revenue & EPS history

MindMed · Revenue · Quarterly

$0

Q2 2025
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

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

+0.8%

Avg return

Earnings day

+2.9%

Avg return

5 days after

+3.0%

Avg return

30 days after

44%

14 / 32 earnings

Positive

+25.8%

Q3 2024

Best reaction

-25.0%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.9%+2.7%+3.4%
Q3 2025+3.2%+7.1%+8.9%
Q2 2025-7.3%+8.8%-2.3%
Q1 2025+4.4%+6.5%+26.2%
Q4 2024+3.6%-0.7%-14.9%
Q3 2024+25.8%+21.3%+10.2%
Q1 2024-4.5%-11.5%-24.1%
Q4 2023+2.9%+12.2%+69.1%
Q3 2023+24.1%+13.3%+41.4%
Q2 2023-5.2%-5.4%-10.5%
Q1 2023-7.6%-10.8%-6.4%
Q4 2022-9.9%-8.1%-12.3%
Q3 2022+19.9%+18.7%+9.5%
Q2 2022+11.3%+4.3%-15.0%
Q1 2022-0.8%-1.2%-2.3%
Q4 2021+0.0%-9.3%-30.9%
Q4 2020-7.0%-7.7%-5.8%
Q3 2020+8.2%+13.3%+28.8%
Q2 2020+14.9%+5.7%-9.2%
Q1 2020+4.5%-5.2%+2.0%
Q3 2019-13.7%-13.7%+29.4%
Q2 2019+0.0%+33.3%+11.1%
Q1 2019-25.0%+38.3%-1.7%
Q4 2018-1.9%-3.7%+11.1%
Q3 2018-4.2%+4.2%-12.5%
Q2 2018-0.9%-6.0%-39.6%
Q1 2018-8.4%-9.8%-15.8%
Q4 2017-4.4%+0.0%+2.4%
Q3 2017+1.6%+9.6%-2.7%
Q2 2017-1.9%-7.5%-0.4%
Q1 2016+1.5%-6.4%-10.1%
Q4 2016+0.0%+0.0%+58.2%

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