NASDAQ$FDMT

4D Molecular Therapeutics Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported second quarter 2022 financial results and provided corporate updates.

4D Molecular Therapeutics reported second quarter 2022 financial results. The company's cash, cash equivalents and marketable securities were $261.6 million as of June 30, 2022, expected to fund operations into the first half of 2025. Total revenue for the quarter was $0.2 million, and the net loss was $28.1 million.

  • Five clinical-stage product candidates on track for multiple clinical data updates in 2023
  • Cash, cash equivalents and marketable securities sufficient to fund operations into the first half of 2025
  • 4D-310 Phase 1/2 clinical trial eligible patient population expanded to include females with Fabry disease
  • The 4D-310 Phase 1/2 clinical trial is enrolling patients concurrently across 3 cohorts at the 1E13 vg/kg dose level.

Headline financials

Total Revenue

$162K

Previous: $14.6M-98.9%
EPS (adj)

-$0.87

Previous: -$0.28-210.7%
R&D expenses

$20.4M

No prior period
G&A expenses

$8.2M

No prior period
Capital Expenditures

-$8.48M

Previous: -$1.38M-514.9%
Free Cash Flow

-$36.6M

Previous: -$8.97M-307.7%
Net Income

-$28.1M

Previous: -$7.59M-270.1%
Operating Income

-$28.4M

Previous: -$7.6M-274.2%
Gross Profit

$162K

Previous: $14.6M-98.9%
Cash & Equivalents

$262M

Previous: $244M+7.3%
Total Assets

$303M

Previous: $255M+18.8%
Stock-Based Comp

$4.32M

Previous: $3.82M+13.3%

Revenue & EPS history

4DMT · Revenue · Quarterly

$162K

Q2 2022-98.9%vs Q2 2021
Beat estimate in 2 of 14 quarters(14%)
ActualEstimate

Revenue by segment

4DMT · $162K total across 1 segment · Q2 2022

  • Collaboration & license rev.
    $162K-98.9%

Forward guidance

This press release contains forward-looking statements regarding plans and timelines for the clinical development of 4D-310, 4D-125, 4D-110, 4D-150 and 4D-710, including the therapeutic potential and clinical benefits thereof; the implications of clinical data for 4D-310’s Phase 1/2 clinical trial.

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 Q2 2022

Historical avgQ2 2022

+1.0%

Avg return

Earnings day

+2.5%

Avg return

5 days after

+8.5%

Avg return

30 days after

45%

9 / 20 earnings

Positive

+20.0%

Q3 2022

Best reaction

-10.4%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.6%-0.7%-17.3%
Q4 2025+7.3%+7.2%+22.5%
Q3 2025+6.7%+6.1%+7.4%
Q1 2025+9.9%+4.7%+27.0%
Q4 2024-8.6%-8.6%-28.7%
Q3 2024+1.9%+5.7%-17.4%
Q2 2024+0.6%+1.6%+2.4%
Q1 2024-2.4%-2.2%-13.7%
Q4 2023+5.3%-3.0%+14.2%
Q3 2023+1.8%+2.2%+37.7%
Q2 2023-1.6%-1.1%-7.4%
Q1 2023-2.5%+2.8%+26.8%
Q4 2022-0.7%-5.4%-12.5%
Q3 2022+20.0%+66.3%+188.5%
Q2 2022-10.4%-12.5%-14.9%
Q1 2022-3.1%-12.9%-31.5%
Q4 2021+8.1%+1.6%-22.5%
Q3 2021-0.7%-3.8%-12.1%
Q2 2021-4.0%+5.2%+19.4%
Q1 2021-3.9%-3.4%+2.6%
Q2 2020
Q4 2019
Q3 2019
Q2 2019
Q4 2018
Q3 2018
Q2 2018

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