NASDAQ$INKT

Mink Therapeutics Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported financial results for the third quarter of 2022 and provided a corporate update.

MiNK Therapeutics reported a net loss of $6.3 million for the third quarter of 2022, with a cash balance of $24.2 million at the end of the quarter. The company highlighted progress in clinical programs, next-generation pipeline development, and scaling up internal cGMP manufacturing capabilities.

  • Ended the third quarter 2022 with a cash balance of $24.2 million.
  • Cash used in operations for the third quarter ended September 30, 2022, was $5.6 million.
  • Net loss for the quarter ended September 30, 2022, was $6.3 million or $0.19 per share.
  • Five abstracts accepted for presentation at Society of Cancer Immunotherapy 37th Annual Meeting, November 8th to 12th.

Headline financials

Total Revenue

$1.56B

No prior period
EPS (adj)

-$0.19

Previous: -$0.59+67.8%
Capital Expenditures

$59.8K

Previous: $112K-46.5%
Free Cash Flow

-$5.67M

Previous: -$3.61M-57.3%
Net Income

-$6.3M

Previous: -$14.3M+55.8%
Operating Income

-$7.99M

Previous: -$13.4M+40.3%
Cash & Equivalents

$24.2M

Previous: $819K+2853.2%
Total Assets

$25.3M

Previous: $4.08M+519.6%
Stock-Based Comp

$773K

Previous: $387K+99.5%

Revenue & EPS history

Mink Therapeutics · Revenue · Quarterly

$1.56B

Q3 2022

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 Q3 2022

Historical avgQ3 2022

-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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