NASDAQ$ENGN

enGene Therapeutics Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Reported financial results for the third quarter ended July 31, 2024.

enGene Holdings Inc. announced its financial results for the third quarter ended July 31, 2024. The company's cash and cash equivalents were $257.7 million as of July 31, 2024, and expects this to fund operations into 2027. Net loss attributable to common shareholders was approximately $14.1 million, or $0.32 per share.

  • Cash and cash equivalents of $257.7 million provide runway into 2027.
  • Total operating expenses were $16.8 million for the three months ended July 31, 2024, compared to $6.2 million for the three months ended July 31, 2023.
  • Net loss attributable to common shareholders was approximately $14.1 million, or $0.32 per share, compared to approximately $6.0 million, or $8.55 per share, for the same period for the three months ended July 31, 2023.
  • Company remains on track to report preliminary LEGEND data in September 2024

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.32

Previous: $8.58-103.7%
G&A Expenses

$5.21M

No prior period
Total Operating Expenses

$16.8M

No prior period
Net Loss per Share

$0.32

No prior period
Weighted Avg Shares

44.2M

No prior period
R&D Expenses

$11.5M

No prior period
Capital Expenditures

-$2K

Previous: $157K-101.3%
Net Income

-$14.1M

Previous: -$4.72M-199.7%
Operating Income

-$16.8M

Previous: -$6.25M-168.2%
Gross Profit

-$82K

No prior period
R&D Expense

$11.5M

No prior period
Stock-Based Comp

$1.46M

Previous: $37K+3845.9%

Revenue & EPS history

Engene · Revenue · Quarterly

$0

Q3 2024

Forward guidance

enGene expects to release preliminary data from the LEGEND study’s pivotal BCG-unresponsive cohort by the end of September and expects that its existing cash and cash equivalents will fund operating expenses, debt obligations and capital expenditures into 2027.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 14 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-2.6%

Avg return

Earnings day

-1.6%

Avg return

5 days after

+17.4%

Avg return

30 days after

43%

6 / 14 earnings

Positive

+5.3%

Q4 2025

Best reaction

-18.9%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026-18.9%-17.5%-15.8%
Q4 2025+5.3%+8.3%+21.3%
Q3 2025-6.3%+7.6%+38.4%
Q2 2025-0.9%+0.9%+2.8%
Q1 2025+4.9%-10.1%-22.3%
Q4 2024-1.7%+6.6%+20.4%
Q3 2023+1.8%+1.7%+4.3%
Q3 2024+1.8%+1.7%+4.3%
Q2 2024-13.5%-16.4%-9.3%
Q2 2023-13.5%-16.4%-9.3%
Q1 2024+4.9%+5.2%-1.6%
Q1 2023+4.9%+5.2%-1.6%
Q4 2023-2.7%+0.5%+106.1%
Q4 2022-2.7%+0.5%+106.1%

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