NASDAQ$HUMA

Humacyte Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Announced financial results for the second quarter ended June 30, 2023, and highlighted recent corporate accomplishments.

Humacyte reported no revenue for Q2 2023. Enrollment was completed in the Phase 2/3 V005 trial of HAV™ in Vascular Trauma Repair. Top-line results are expected in Q3 2023, followed by a planned BLA filing in Q4 2023. Cash and cash equivalents were $114.6 million as of June 30, 2023.

  • Completed enrollment in Phase 2/3 clinical trial of HAV in vascular trauma repair.
  • Presented success in treating wartime injured in Ukraine using HAV under humanitarian aid program.
  • Published study supporting infection resistance of HAV in the Journal of Vascular Surgery – Vascular Science.
  • Advanced Type 1 Diabetes Research through collaboration with JDRF International to develop Biovascular Pancreas (BVP).

Headline financials

Total Revenue

$0.00

Previous: $1.3M-100.0%
EPS (adj)

-$0.22

Previous: -$0.19-15.8%
Capital Expenditures

$485K

Previous: $134K+261.9%
Free Cash Flow

-$23.1M

Previous: -$16.7M-38.2%
Net Income

-$22.7M

Previous: $36.9M-161.5%
Operating Income

-$26.7M

Previous: -$18.5M-44.3%
Cash & Equivalents

$115M

Previous: $181M-36.7%
Total Assets

$168M

Previous: $246M-31.8%
Stock-Based Comp

$1.84M

Previous: $1.49M+23.5%

Revenue & EPS history

Humacyte · Revenue · Quarterly

$0

Q2 2023-100%vs Q2 2022
Beat estimate in 2 of 15 quarters(13%)
ActualEstimate

Forward guidance

Humacyte believes that its cash and cash equivalents and expected funding from the Oberland funding agreement are adequate to fund operations past the anticipated timelines for potential FDA approval and commercialization of the HAV in the vascular trauma indication.

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 2023

Historical avgQ2 2023

+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

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