NASDAQ$IMNM

Immunome Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and full year ended December 31, 2020 and provided a corporate update.

Immunome reported its Q4 and full year 2020 financial results, highlighting a transformational period marked by a successful NASDAQ IPO that raised $44.9 million in gross proceeds. The company is advancing its IMM-ONC-01 program into IND-enabling studies and expects to provide development program updates in the second quarter of 2021.

  • Isolated antibodies capable of neutralizing SARS-CoV-2 variants, including the South African variant (B.1.351), in pseudovirus testing (IMM-BCP-01).
  • Advanced proprietary antibody against IL-38 into IND-enabling studies (IMM-ONC-01).
  • Raised $44.9 million in gross proceeds in NASDAQ IPO.
  • Program updates expected in 2Q 2021.

Headline financials

EPS (adj)

-$0.40

Previous: -$0.51+21.4%
Capital Expenditures

$46K

No prior period
Free Cash Flow

-$6.11M

No prior period
Net Income

-$4.07M

Previous: -$2.92M-39.4%
Operating Income

-$4.07M

Previous: -$2.89M-41.0%
Cash & Equivalents

$44.9K

No prior period
Total Assets

$44.5M

No prior period
Stock-Based Comp

$319K

No prior period

Revenue & EPS history

Immunome · Revenue · Quarterly

$0

Q1 2026-100%vs Q1 2025
Beat estimate in 1 of 6 quarters(17%)
ActualEstimate

Forward guidance

Immunome anticipates providing development program updates in Q2 2021 and intends to file INDs for both IMM-BCP-01 and IMM-ONC-01 in 2021.

Tailwinds

  • Development program updates expected in the second quarter of 2021.
  • Filing INDs for both IMM-BCP-01 and IMM-ONC-01 in 2021.
  • Prospects for both of current development programs.
  • Confidence in discovery engine to move one to two new candidates into IND-enabling studies per year.
  • Isolation of antibodies capable of neutralizing SARs-CoV-2 variants in pseudovirus testing as part of IMM-BCP-01 program.

Headwinds

  • Impact of the COVID-19 pandemic on Immunome’s business, operations, strategy, goals and anticipated milestones.
  • Ability to execute on its strategy including with respect to the timing of its R&D efforts, IND filings, initiation of clinical studies and other anticipated milestones.
  • Timing and effectiveness of any antibody therapeutics which may be developed by Immunome.
  • Ability to fund operations.
  • Risks and uncertainties associated with Immunome’s business

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 Q4 2020

Historical avgQ4 2020

+0.8%

Avg return

Earnings day

-2.4%

Avg return

5 days after

+0.6%

Avg return

30 days after

32%

7 / 22 earnings

Positive

+24.1%

Q4 2021

Best reaction

-10.8%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.3%-9.1%-20.0%
Q4 2025+4.7%-1.0%+1.4%
Q3 2025-5.0%+2.5%+12.3%
Q1 2025+1.1%-1.0%+15.0%
Q4 2024-4.0%-18.9%-7.7%
Q3 2024-10.8%-24.5%+0.7%
Q2 2024+4.7%+4.7%+11.9%
Q1 2024-1.3%-6.2%-3.2%
Q4 2023-2.3%-16.2%-46.2%
Q3 2023-8.1%-8.9%-12.2%
Q2 2023-1.9%-0.8%+3.9%
Q1 2023+2.3%+11.9%-6.2%
Q4 2022+20.8%+18.9%+2.3%
Q3 2022+0.0%-27.6%-8.5%
Q2 2022+19.3%+13.6%+24.7%
Q1 2022-2.6%+19.6%+46.5%
Q4 2021+24.1%+20.1%-26.3%
Q3 2021-1.0%-5.1%-9.3%
Q2 2021-3.2%-11.9%+51.2%
Q1 2021-10.7%-3.0%-2.9%
Q4 2020-1.0%-4.3%-8.3%
Q3 2020-5.5%-6.4%-6.1%
Q2 2020
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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