NASDAQ$GBIO

Generation Bio Co · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Generation Bio's strategic priorities for 2022 were outlined and the financial results for the fourth quarter and full year 2021 were reported.

Generation Bio reported its Q4 and full-year 2021 financial results, highlighting a cash position of $375.1 million, which is expected to fund operations into 2024. The company is focused on advancing its genetic medicine platform across liver, retina, and vaccine applications.

  • Cash and cash equivalents totaled $375.1 million as of December 31, 2021.
  • R&D expenses for Q4 2021 were $21.8 million.
  • G&A expenses for Q4 2021 were $9.1 million.
  • Net loss for Q4 2021 was $30.9 million, or $0.54 basic and diluted net loss per share.

Headline financials

EPS (adj)

-$0.54

Previous: -$0.53-1.9%
Research and development expenses

$21.8M

No prior period
General and administrative expenses

$9.1M

No prior period
Capital Expenditures

$2.84M

Previous: $1.79M+58.0%
Free Cash Flow

-$23.6M

Previous: -$20.2M-17.3%
Net Income

-$30.9M

Previous: -$24.2M-27.7%
Operating Income

-$30.9M

Previous: -$24.3M-27.1%
Cash & Equivalents

$375M

Previous: $262M+43.0%
Total Assets

$477M

Previous: $294M+62.1%
Stock-Based Comp

$5.03M

Previous: $3.38M+48.9%

Revenue & EPS history

Generation Bio · Revenue · Quarterly

$1.59M

Q3 2025-78.9%vs Q3 2024
Beat estimate in 4 of 5 quarters(80%)
ActualEstimate

Revenue by segment

Generation Bio · $2.15M total across 1 segment · Q3 2023

  • Collaboration revenue
    $2.15M

Forward guidance

Generation Bio is focused on advancing its genetic medicine platform across liver, retina, and vaccine applications.

Tailwinds

  • Completing optimization of cell-targeted lipid nanoparticle (ctLNP) for the liver to advance the hemophilia A program.
  • Advancing the retina ctLNP to support the Stargardt program.
  • Advancing the vaccine ctLNP to enable work in vaccines.
  • Evaluating more advanced generations of retina ctLNP in NHPs to enable potential selection of a development candidate for Stargardt disease.
  • Evaluating a next-generation vaccine ctLNP in NHPs that has demonstrated enhanced potency in preclinical murine studies for both mRNA and ceDNA.

Headwinds

  • Uncertainties inherent in the identification and development of product candidates.
  • Uncertainties as to the availability and timing of results from preclinical studies and clinical trials.
  • Whether results from earlier preclinical studies will be predictive of the results of later preclinical studies and clinical trials.
  • Uncertainties regarding the timing and ability to complete the build-out of the company’s manufacturing facility and regarding the new manufacturing process.
  • Challenges in the manufacture of genetic medicine products.

Historical earnings impact

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

Avg. return before/after earnings

Based on 12 quarterly earnings reports

Historical avg

+3.8%

Avg return

Earnings day

+5.9%

Avg return

5 days after

+8.6%

Avg return

30 days after

43%

10 / 23 earnings

Positive

+61.7%

Q2 2025

Best reaction

-19.7%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025-3.3%+11.0%+2.7%
Q2 2025+61.7%+62.0%+46.9%
Q1 2025+4.5%+0.4%+4.0%
Q4 2024-3.7%-14.3%-9.5%
Q3 2024+8.7%-0.5%-40.8%
Q2 2024-2.0%-3.7%-10.2%
Q1 2024+18.4%+16.4%+1.9%
Q4 2023+3.1%+11.5%+39.4%
Q3 2023-1.7%+7.7%+46.2%
Q2 2023-5.3%-7.0%+6.8%
Q1 2023-5.0%-2.7%+0.4%
Q4 2022-8.4%-10.0%+15.5%
Q3 2022+12.2%
Q2 2022+7.7%
Q1 2022-19.7%
Q4 2021+21.1%
Q3 2021-1.5%
Q2 2021-6.2%
Q1 2021+0.3%
Q4 2020-0.9%
Q3 2020+8.5%
Q4 2019-0.5%
Q2 2020-0.5%
Q1 2020
Q3 2019
Q2 2019
Q1 2019

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