NASDAQ$IMNN

Celsion Corp · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported financial results for Q1 2021 and provided a business update, focusing on immuno-oncology and next-generation vaccines.

Celsion reported a net loss of $5.7 million, or $0.09 per share, for the first quarter of 2021. The company focused on immuno-oncology and next-generation vaccines, extended its cash operating runway through 2024, and strengthened its balance sheet by raising over $58 million in gross proceeds.

  • OVATION 2 Study is more than 40% enrolled with 23 clinical sites activated, and enrollment is expected to be completed before the end of 2021.
  • Announced an initiative to focus on DNA vaccine development leveraging the TheraPlas platform.
  • Received FDA Fast Track Designation for GEN-1 in Advanced Ovarian Cancer.
  • Filed a provisional U.S. patent application for a novel DNA-based vaccine for preventing or treating infections from a broad range of infectious agents.

Headline financials

Total Revenue

$125K

Previous: $125K+0.0%
EPS (adj)

-$1.35

Previous: -$3.00+55.0%
Capital Expenditures

-$127K

Previous: -$8.24K-1437.3%
Free Cash Flow

-$5.82M

Previous: -$5.07M-14.8%
Net Income

-$5.69M

Previous: -$5.06M-12.5%
Operating Income

-$5.38M

Previous: -$4.77M-13.0%
Gross Profit

$125K

No prior period
Cash & Equivalents

$37.8M

Previous: $5.75M+557.1%
Total Assets

$73M

Previous: $38.9M+87.6%
Stock-Based Comp

$1.58M

No prior period

Revenue & EPS history

Celsion · Revenue · Quarterly

$125K

Q1 2021+0%vs Q1 2020
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

Celsion believes it has sufficient capital resources to fund its operations through 2024.

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 Q1 2021

Historical avgQ1 2021

+0.2%

Avg return

Earnings day

-2.1%

Avg return

5 days after

+3.5%

Avg return

30 days after

32%

12 / 38 earnings

Positive

+28.7%

Q3 2019

Best reaction

-12.8%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-1.1%-8.8%
Q2 2025-4.8%-10.3%-28.5%
Q1 2025+2.5%-40.0%+107.5%
Q4 2024+1.2%+6.3%+36.2%
Q3 2024-12.8%-17.0%-10.6%
Q2 2024-0.9%+4.6%+1.8%
Q1 2024+7.2%+1.4%-11.6%
Q4 2023+17.1%+25.0%+2.9%
Q3 2023-4.0%-3.0%-9.1%
Q2 2023-3.2%-5.6%-10.4%
Q1 2023-5.2%-6.7%+3.7%
Q4 2022-2.3%-6.2%+0.8%
Q3 2022-3.9%-4.6%-11.1%
Q2 2022-1.6%-11.6%-19.8%
Q1 2022+0.4%-7.5%-23.5%
Q4 2021-4.5%+17.4%-45.3%
Q3 2021+1.2%-10.7%-22.6%
Q2 2021-1.9%-8.4%+0.0%
Q1 2021+4.0%+12.1%+54.5%
Q4 2020-1.3%-22.9%-53.3%
Q3 2020-1.9%-3.7%+24.1%
Q2 2020+0.0%-1.8%-28.4%
Q1 2020-1.5%+26.5%+125.0%
Q4 2019+9.0%-3.4%+31.5%
Q3 2019+28.7%+34.3%+50.0%
Q2 2019+0.0%+7.1%+3.0%
Q1 2019+6.1%-4.2%-15.4%
Q4 2018-2.5%+19.9%+6.5%
Q3 2018-4.2%-12.6%-8.8%
Q2 2018-9.4%-8.7%+2.2%
Q1 2018-1.6%+1.2%+0.0%
Q4 2017-4.3%-11.5%-12.6%
Q3 2017-5.2%-5.7%+32.1%
Q2 2017-1.4%-9.5%-5.4%
Q1 2017+0.0%-8.3%-14.0%
Q4 2016+3.4%-3.4%+3.4%
Q3 2016+0.0%-10.9%-27.2%
Q2 2016+4.2%+10.0%+3.3%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q2 2012

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