NASDAQ$FULC

Fulcrum Therapeutics Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Reported financial results for Q4 and full year 2024 and provided a business update.

Fulcrum Therapeutics reported its Q4 and full year 2024 financial results. They ended the year with $241.0 million in cash, cash equivalents, and marketable securities. Patient enrollment continues to progress in the Phase 1b PIONEER trial evaluating pociredir in patients with SCD.

  • On track to provide clinical data from the 12 mg dose cohort from the Phase 1b PIONEER trial of pociredir in SCD in mid-2025, and the 20 mg dose cohort by the end of 2025.
  • Ended 2024 with $241.0 million in cash, cash equivalents, and marketable securities; cash runway into at least 2027.
  • Patient enrollment and site activation continues to progress in the Phase 1b PIONEER trial evaluating pociredir in patients with SCD; plans to share data from the 12 mg dose cohort in mid-2025 and from the 20 mg dose cohort by the end of 2025.
  • Data from the Phase 3 REACH trial evaluating losmapimod in patients with Facioscapulohumeral Muscular Dystrophy will be presented on March 19th at the 2025 MDA Conference being held in Dallas, Texas.

Headline financials

Total Revenue

$0.00

Previous: $871K-100.0%
EPS (adj)

-$0.31

Previous: -$0.40+22.5%
Capital Expenditures

-$231K

Previous: $77K-400.0%
Net Income

-$16.6M

Previous: -$24.8M+32.9%
Operating Income

-$19.4M

Previous: -$28M+30.6%
Gross Profit

-$369K

Previous: $363K-201.7%
R&D Expense

$11.3M

Previous: $19M-40.3%

Revenue & EPS history

Fulcrum Therapeutics · Revenue · Quarterly

$0

Q4 2024-100%vs Q4 2023
Beat estimate in 4 of 10 quarters(40%)
ActualEstimate

Forward guidance

Based on its current operating plans, Fulcrum continues to expect that its current cash, cash equivalents, and marketable securities will be sufficient to fund its operating requirements into at least 2027.

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 2024

Historical avgQ4 2024

+5.2%

Avg return

Earnings day

+6.3%

Avg return

5 days after

+12.3%

Avg return

30 days after

62%

16 / 26 earnings

Positive

+142.5%

Q2 2021

Best reaction

-54.6%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-21.1%-23.0%-36.3%
Q3 2025-6.6%-9.8%+9.4%
Q1 2025+13.8%+39.0%+78.6%
Q4 2024+0.0%-3.0%-16.5%
Q3 2024-8.8%-16.8%+8.8%
Q2 2024+7.1%+0.6%+1.7%
Q1 2024+5.9%+1.1%+3.2%
Q4 2023+6.1%+12.9%-3.0%
Q3 2023+16.2%-2.5%+38.2%
Q2 2023+3.4%+5.5%+49.7%
Q1 2023+16.2%-0.6%-7.6%
Q4 2022-28.0%-36.6%-62.0%
Q3 2022+23.9%+27.3%+9.4%
Q2 2022+8.4%-6.2%+7.1%
Q1 2022-12.5%-4.1%-3.8%
Q4 2021+17.4%+37.8%+113.9%
Q3 2021-2.3%-4.9%-31.5%
Q2 2021+142.5%+175.3%+233.9%
Q1 2021+4.1%+3.7%-13.2%
Q4 2020-17.7%-17.4%-17.8%
Q3 2020+8.6%+16.9%+22.3%
Q2 2020-54.6%-55.5%-54.7%
Q1 2020+7.9%+18.9%+16.5%
Q4 2019-2.2%-27.8%-49.4%
Q3 2019+1.3%+27.7%+48.9%
Q2 2019+7.2%+6.1%-25.5%
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017

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