NASDAQ$IMNN

Celsion Corp · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

IMUNON reported financial results for the third quarter of 2022 and provided a business update.

IMUNON reported a net loss of $6.1 million, or $0.87 per share, for the third quarter of 2022, compared to a net loss of $5.4 million, or $0.94 per share, for the third quarter of 2021. The company's operating expenses were $6.3 million for the third quarter of 2022, an increase of $1.1 million from the comparable prior-year period. The company ended the quarter with $43.4 million in cash, investments, restricted cash and accrued interest receivable and believes it has sufficient capital resources to fund its operations into 2025.

  • IMUNON is making excellent progress with innovative development modalities in infectious diseases and immuno-oncology.
  • PLACCINE modality continues to advance with very promising data from a non-human primate proof-of-concept study comparing vaccine with commercial mRNA vaccines.
  • Enrollment in the 110-patient OVATION 2 Study of GEN-1 in advanced ovarian cancer was completed during the third quarter.
  • Decision to raise additional capital earlier this year to strengthen balance sheet and extend operating roadway into 2025 was well timed.

Headline financials

Total Revenue

$125K

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

-$0.87

Previous: -$0.90+3.3%
Capital Expenditures

-$223K

Previous: -$286K+22.1%
Free Cash Flow

-$6.37M

Previous: -$5.7M-11.8%
Net Income

-$6.15M

Previous: -$5.41M-13.6%
Operating Income

-$6.17M

Previous: -$5.06M-22.0%
Gross Profit

-$10.4K

Previous: $125K-108.3%
Cash & Equivalents

$26.9M

Previous: $25.6M+5.0%
Total Assets

$60.5M

Previous: $79.5M-23.8%
Stock-Based Comp

$476K

Previous: $701K-32.0%

Revenue & EPS history

Celsion · Revenue · Quarterly

$125K

Q3 2022+0%vs Q3 2021
Beat estimate in 7 of 8 quarters(88%)
ActualEstimate

Forward guidance

IMUNON expects to report several value-creating developments during this period and believes it has sufficient capital resources to fund its operations into 2025.

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 Q3 2022

Historical avgQ3 2022

+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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