NASDAQ$ELVN

Enliven Therapeutics Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported financial results for the first quarter ended March 31, 2021 and reviewed recent business highlights.

Imara Inc. reported its financial results for the first quarter of 2021. They reported a net loss attributable to common stockholders of $10.3 million, or $0.58 per share. As of March 31, 2021, cash, cash equivalents and investments were $75.6 million.

  • On-track to report interim analyses for both Ardent sickle cell disease and Forte beta-thalassemia Phase 2b clinical trials in the second half of 2021
  • Completed enrollment in the transfusion-dependent beta-thalassemia arm of the Forte Phase 2b trial
  • Higher dose arms open in both the Ardent and Forte Phase 2b clinical trials
  • Applications now being accepted for 2021 Real Impact grant program

Headline financials

EPS (adj)

-$2.32

Previous: -$17.24+86.5%
Net Income

-$10.3M

Previous: -$7.22M-42.2%
Cash & Equivalents

$75.6M

Previous: $106M-28.6%
Total Assets

$81.7M

Previous: $110M-26.0%

Revenue & EPS history

Enliven Therapeutics · Revenue · Quarterly

$0

Q4 2025

Forward guidance

Imara provided financial guidance for the full year 2021 and expects that its cash, cash equivalents and investments as of March 31, 2021, will be sufficient to enable it to fund its planned operations into mid-2022.

Tailwinds

  • Full-year 2021 research and development expenses will range between $50 million and $55 million
  • Full-year 2021 general and administrative expenses will range between $12 million and $14 million.
  • Cash, cash equivalents and investments as of March 31, 2021, will be sufficient to enable it to fund its planned operations into mid-2022.

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 2021

Historical avgQ1 2021

-0.4%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+7.4%

Avg return

30 days after

48%

11 / 23 earnings

Positive

+17.6%

Q2 2020

Best reaction

-22.5%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+4.3%+3.4%+35.1%
Q3 2025-0.3%+11.3%-16.9%
Q2 2025-0.8%-1.1%-0.1%
Q1 2025+0.4%+19.7%+29.3%
Q4 2024-3.5%-7.7%-14.6%
Q3 2024-8.3%-8.4%-14.8%
Q1 2024-2.0%-5.9%-10.1%
Q4 2023-2.4%+43.0%+71.8%
Q3 2023-9.3%-12.4%-4.5%
Q2 2023-2.0%-8.0%-7.1%
Q1 2023-2.4%-0.3%+8.8%
Q4 2022+2.1%+4.5%+2.6%
Q3 2022+0.4%-5.5%-1.3%
Q2 2022+2.5%-1.7%-3.4%
Q1 2022-6.1%-11.5%-12.2%
Q4 2021+11.1%+22.2%-27.8%
Q3 2021+0.8%-3.8%-20.2%
Q2 2021+0.3%-18.0%-14.5%
Q1 2021+12.8%+15.8%+27.3%
Q4 2020-22.5%-19.5%-31.7%
Q3 2020-3.4%+13.9%+57.0%
Q2 2020+17.6%+19.8%+8.1%
Q1 2020+1.1%+4.4%+108.5%
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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