NASDAQ$INKT

Mink Therapeutics Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Reported corporate update and financial results for the first quarter 2023.

MiNK Therapeutics reported its Q1 2023 financial results, with a net loss of $5.7 million, or $0.17 per share. The company ended the quarter with a cash balance of $14.9 million. AgenT-797 has shown pioneering data in advanced solid cancers and expansion studies have launched in anti-PD-1 refractory NSCLC and gastric cancer.

  • Cash balance of $14.9 million as of the end of Q1 2023.
  • Cash used in operations for the quarter ended March 31, 2023, was $4.4 million.
  • Net loss for the quarter ended March 31, 2023, was $5.7 million or $0.17 per share.
  • AgenT-797 showed clinical benefit and tolerable safety across a range of heavily pre-treated solid tumor cancers.

Headline financials

Total Revenue

$11.7B

No prior period
EPS (adj)

-$0.17

Previous: -$0.23+26.1%
Cash used in operations

$4.4M

Previous: $4.2M+4.8%
Capital Expenditures

$13.5K

No prior period
Free Cash Flow

-$4.38M

No prior period
Net Income

-$5.7M

Previous: -$7.8M+26.9%
Operating Income

-$5.85M

Previous: -$7.37M+20.6%
Cash & Equivalents

$14.9M

Previous: $34.7M-57.1%
Total Assets

$16.6M

Previous: $36.1M-54.1%
Stock-Based Comp

$921K

Previous: $786K+17.3%

Revenue & EPS history

Mink Therapeutics · Revenue · Quarterly

$11.7B

Q1 2023

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

-3.6%

Avg return

Earnings day

-4.9%

Avg return

5 days after

-1.7%

Avg return

30 days after

42%

8 / 19 earnings

Positive

+14.6%

Q3 2022

Best reaction

-42.0%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+3.9%+2.2%+13.3%
Q3 2025-1.9%-16.6%-6.1%
Q2 2025-13.6%-16.0%-17.7%
Q1 2025-3.3%-3.8%-3.3%
Q4 2024-3.3%+6.8%-14.9%
Q3 2024-5.0%-13.5%-22.4%
Q2 2024+0.6%-3.0%-8.5%
Q1 2024+6.1%+3.1%-1.4%
Q4 2023-2.9%+4.7%-2.2%
Q3 2023-11.8%-20.2%-14.3%
Q2 2023+1.7%-5.0%-26.1%
Q1 2023+13.9%+11.3%+44.4%
Q4 2022+0.5%-3.4%-3.4%
Q3 2022+14.6%+17.8%+18.3%
Q2 2022+13.2%+25.7%+114.7%
Q1 2022-26.7%-26.7%-13.1%
Q4 2021-6.1%-4.2%-5.5%
Q3 2021-6.1%-4.2%-5.5%
Q2 2021-42.0%-47.6%-78.6%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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