NASDAQ$HUMA

Humacyte Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Announced financial results for the second quarter ended June 30, 2022, and highlighted recent corporate accomplishments.

Humacyte reported revenue of $1.3 million for the second quarter of 2022, compared to $0.7 million for the second quarter of 2021. Net income was $36.9 million for the second quarter of 2022, compared to a net loss of $17.2 million for the second quarter of 2021. The company's cash, cash equivalents and short-term investments totaled $189.0 million as of June 30, 2022.

  • HAVs successfully implanted in wounded Ukrainian citizens and reported to be functioning, saving limbs
  • Hosted key opinion leader (KOL) webinar on HAV in the treatment of vascular trauma, featuring Ernest E. Moore, M.D and Gregory A. Magee, M.D.
  • Strengthened Board of Directors with appointment of Diane Seimetz, Ph.D. and leadership team with appointment of Shamik Parikh, M.D. as Chief Medical Officer
  • Multiple scientific meeting presentations and publications highlighting clinical HAV data in vascular trauma and arteriovenous access and preclinical small-diameter HAV data in coronary artery bypass grafting (CABG)

Headline financials

Total Revenue

$1.3M

No prior period
EPS (adj)

-$0.19

Previous: -$2.89+93.4%
Capital Expenditures

$134K

Previous: $63K+112.7%
Free Cash Flow

-$16.7M

Previous: $13.9M-220.5%
Net Income

$36.9M

Previous: -$17.2M+314.6%
Operating Income

-$18.5M

Previous: -$19.3M+3.8%
Cash & Equivalents

$181M

Previous: $383K+47118.3%
Total Assets

$246M

Previous: $101M+145.1%
Stock-Based Comp

$1.49M

Previous: $2.93M-49.1%

Revenue & EPS history

Humacyte · Revenue · Quarterly

$1.3M

Q2 2022
Beat estimate in 2 of 15 quarters(13%)
ActualEstimate

Forward guidance

Humacyte believes that its cash, cash equivalents and short-term investments are adequate to fund operations through 2024, past the Company’s current expected timeline for potential approval of the HAV in vascular trauma.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+5.1%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+3.5%

Avg return

30 days after

62%

13 / 21 earnings

Positive

+37.0%

Q2 2023

Best reaction

-30.1%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+22.9%-1.5%+15.2%
Q4 2025-15.1%-25.1%-33.0%
Q3 2025-3.2%-11.7%+2.3%
Q2 2025-30.1%-24.2%-40.3%
Q1 2025+19.5%+23.8%+25.4%
Q4 2024-2.5%-27.4%-28.4%
Q3 2024+4.9%+1.5%-8.2%
Q1 2024+21.2%+43.1%+60.8%
Q4 2023-12.8%-13.9%+2.8%
Q3 2023+7.3%+9.1%+27.9%
Q2 2023+37.0%+8.9%+19.0%
Q1 2023-6.1%-2.5%+1.1%
Q4 2022+4.9%-1.3%+7.1%
Q3 2022+2.2%-5.4%-4.5%
Q2 2022+8.6%+9.1%+2.5%
Q1 2022-9.5%-12.7%-18.8%
Q4 2021+14.1%+12.2%+16.5%
Q2 2021+14.1%+12.2%+16.5%
Q3 2021+9.0%+18.4%+4.0%
Q1 2021+0.0%+0.0%+4.9%
Q4 2020+21.2%+28.4%+1.5%
Q3 2020

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro