NASDAQ$IMUX

Immunic Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Immunic reported financial results for the year ended December 31, 2019, and highlighted recent achievements, including the closing of a stock-for-stock exchange transaction and the completion of enrollment for the phase 2 EMPhASIS trial.

Immunic's 2019 was marked by the closing of a stock-for-stock exchange transaction and the completion of enrollment for the phase 2 EMPhASIS trial of IMU-838. The company anticipates reporting top-line results in the third quarter of 2020 and has cash of $29.4 million providing funding through key 2020 inflection points.

  • Completed enrollment for phase 2 EMPhASIS trial of IMU-838 in relapsing-remitting multiple sclerosis (RRMS) ahead of schedule.
  • Reported progress for IMU-838 in moderate-to-severe ulcerative colitis (UC) and primary sclerosing cholangitis (PSC).
  • Advanced earlier stage programs, including dosing healthy volunteers in phase 1 trial of IMU-935.
  • Exercised option for exclusive worldwide license to IMU-856 from Daiichi Sankyo, Co., Ltd.

Headline financials

EPS (adj)

-$0.75

Previous: -$2.40+68.8%
Cash & Equivalents

$29.4K

No prior period

Revenue & EPS history

Immunic · Revenue · Quarterly

$0

Q4 2026
Beat estimate in 0 of 2 quarters(0%)
ActualEstimate

Forward guidance

Immunic anticipates several clinical milestones in the near future.

Tailwinds

  • Top-line data from Phase 2 EMPhASIS trial in Relapsing-Remitting Multiple Sclerosis expected in Q3 2020.
  • Phase 2 trial in PSC ongoing at the Mayo Clinic.
  • Top-line data from UC expected in the fourth quarter of 2021.
  • Initiate phase 1 clinical studies of IMU-856 during the first half of 2020.
  • Considered phase 2 trial in Crohn’s disease.

Headwinds

  • The company may not achieve the plans.
  • Earlier studies and trials may not be predictive of future clinical trial results.
  • Risks related to the drug development and the regulatory approval process.
  • Impact of competitive products and technological changes.
  • Ability to project future cash utilization and reserves needed for contingent future liabilities and business operations.

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 2019

Historical avgQ4 2019

+0.1%

Avg return

Earnings day

-0.1%

Avg return

5 days after

-4.5%

Avg return

30 days after

37%

17 / 46 earnings

Positive

+37.0%

Q2 2022

Best reaction

-16.4%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-3.8%-1.7%+15.5%
Q3 2025-6.3%+0.0%-18.2%
Q4 2024-2.1%-28.1%-22.7%
Q1 2025-4.8%-7.8%-26.4%
Q3 2024+0.0%-2.5%+8.5%
Q1 2024-10.1%-9.1%-10.9%
Q4 2023-4.7%+8.6%+3.1%
Q3 2023+3.2%+9.4%+50.7%
Q2 2023-6.9%-8.8%-20.4%
Q1 2023-2.8%-5.0%-3.9%
Q4 2022+0.0%+4.8%-21.7%
Q3 2022-11.1%-12.3%-20.5%
Q2 2022+37.0%+29.0%+16.7%
Q1 2022+0.4%+12.1%-25.1%
Q4 2021-9.4%-3.2%-0.4%
Q3 2021+2.1%+1.1%-16.7%
Q2 2021+21.7%+17.1%+25.5%
Q1 2021-8.3%-8.1%-2.8%
Q4 2020+0.5%-1.7%-5.7%
Q3 2020+4.4%+7.3%+10.7%
Q2 2020+27.9%+8.7%-11.6%
Q1 2020+18.3%+20.3%+53.9%
Q4 2019-16.4%-19.3%+19.3%
Q3 2019-6.4%-6.2%-17.3%
Q2 2019+0.4%+4.6%+6.4%
Q1 2019+7.1%-16.1%-58.8%
Q4 2018-11.1%-8.3%-17.8%
Q3 2018-7.0%-9.9%-18.9%
Q2 2018-2.8%+6.8%-17.0%
Q1 2018+0.9%+2.7%-11.7%
Q4 2017-6.5%+2.6%+0.0%
Q3 2017-4.5%+4.5%-7.3%
Q2 2017+17.3%+11.5%+17.3%
Q1 2017-4.0%-17.3%-17.3%
Q4 2016-1.2%+1.2%-11.6%
Q3 2016-1.0%+8.6%-4.8%
Q2 2016+1.3%-0.5%-5.8%
Q1 2016+3.9%
Q4 2015-4.9%
Q3 2015-3.9%
Q2 2015+15.8%
Q1 2015-5.6%
Q4 2014-9.0%
Q3 2014+5.0%
Q2 2014-7.2%
Q1 2014-0.1%
Q2 2013
Q4 2012
Q3 2012

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