NASDAQ$IMUX

Immunic Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Immunic reported financial results for the year ended December 31, 2022 and provided a corporate update.

Immunic reported its year end 2022 financial results, highlighting the progress of vidofludimus calcium for multiple sclerosis treatment and upcoming data readouts from clinical trials. The company's cash reserves are expected to fund operations into the fourth quarter of 2024.

  • Advanced vidofludimus calcium for multiple sclerosis (MS) treatment.
  • Anticipate interim analysis of phase 2 CALLIPER trial in progressive MS in the second half of 2023.
  • Expect data from the interim analysis of the phase 3 ENSURE program late next year.
  • IMU-856 shows potential as a first-in-class oral celiac disease therapy.

Headline financials

EPS (adj)

-$1.62

Previous: -$0.81-100.0%
Capital Expenditures

-$1K

Previous: $19K-105.3%
Free Cash Flow

-$15.1M

Previous: -$23.7M+36.3%
Net Income

-$88.6M

Previous: -$21.2M-318.2%
Operating Income

-$57.3M

Previous: -$21.7M-163.9%
Cash & Equivalents

$116M

Previous: $0.00
Total Assets

$128M

Previous: $139M-8.2%
Stock-Based Comp

$1.89M

Previous: $1.47M+28.6%

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, including data readouts from ongoing trials for vidofludimus calcium and IMU-856.

Tailwinds

  • Interim analysis of phase 2 CALLIPER trial of Vidofludimus Calcium in Progressive Multiple Sclerosis expected in the second half of 2023
  • Initial Results From Ongoing Part C of Phase 1 Clinical Trial of IMU-856 in Celiac Disease Expected Mid-2023
  • The CALLIPER trial is designed to corroborate the neuroprotective potential of vidofludimus calcium
  • Design of the ENSURE program gives Immunic a straightforward path toward potential regulatory approval in relapsing MS
  • Vidofludimus calcium has the potential to be a unique treatment option targeted to the biology of MS, differentiated by its combined anti-inflammatory, antiviral and neuroprotective effects

Headwinds

  • The COVID-19 pandemic
  • Increasing inflation
  • Impacts of the Ukraine – Russia conflict on planned and ongoing clinical trials
  • Risks and uncertainties associated with the ability to project future cash utilization and reserves needed for contingent future liabilities and business operations
  • The availability of sufficient financial and other resources to meet business objectives and operational requirements

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 2022

Historical avgQ4 2022

+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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