NASDAQ$ELVN

Enliven Therapeutics Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Reported financial results for the first quarter ended March 31, 2023 and provided a business update.

Enliven Therapeutics reported a net loss of $14.7 million for the first quarter of 2023. The company's cash and cash equivalents totaled $292.1 million as of March 31, 2023, expected to fund operations into early 2026.

  • Successfully completed merger with Imara Inc., trading under the new ticker symbol on Nasdaq, “ELVN”.
  • Dosed first patient in Phase 1 study of ELVN-002 in patients with HER2-altered non-small cell lung cancer (NSCLC) and other solid tumors.
  • Enrollment progressing in Phase 1 trial with ELVN-001 in chronic myeloid leukemia (CML).
  • Ended the first quarter 2023 with cash and cash equivalents of approximately $292 million, which is expected to provide cash runway into early 2026.

Headline financials

EPS (adj)

-$0.80

Previous: -$2.24+64.3%
Net Income

-$14.7M

Previous: -$8.67M-69.8%
Operating Income

-$16.4M

Previous: -$8.68M-89.2%
Cash & Equivalents

$292M

Previous: $99.9M+192.5%
Total Assets

$303M

Previous: $81.6M+271.2%
Stock-Based Comp

$2.26M

Previous: $654K+245.9%

Revenue & EPS history

Enliven Therapeutics · Revenue · Quarterly

$0

Q4 2025

Forward guidance

The company expects to share initial safety and efficacy data from the Phase 1a study in 2024 for both ELVN-001 and ELVN-002 programs.

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 2023

Historical avgQ1 2023

-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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