NASDAQ$JANX

Janux Therapeutics Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Janux transitioned to a clinical-stage company by dosing the first patient with PSMA-TRACTr and advancing its pipeline utilizing its novel TRACTr and TRACIr platforms.

Janux Therapeutics reported financial results for the fourth quarter and full year ended December 31, 2022. The company's lead program PSMA-TRACTr (JANX007) continues to enroll in first-in-human Phase 1 clinical trial in prostate cancer patients and Janux received FDA clearance for Investigational New Drug (IND) application for EGFR-TRACTr (JANX008).

  • Lead program PSMA-TRACTr (JANX007) continues to enroll in first-in-human Phase 1 clinical trial in prostate cancer patients.
  • Janux received U.S. Food and Drug Administration (FDA) clearance for an IND application for EGFR-TRACTr (JANX008).
  • PD-L1xCD28 TRACIr (JANX009) on-track for an IND submission in 2023.
  • TROP2-TRACTr evaluations to support development candidate selection are ongoing.

Headline financials

Total Revenue

$2.85M

Previous: $1.62M+76.1%
EPS (adj)

-$0.39

Previous: -$0.33-18.2%
Research and development expenses

$15.4M

No prior period
General and administrative expenses

$5.68M

No prior period
Capital Expenditures

$2.06M

Previous: $1.17M+75.3%
Free Cash Flow

-$14M

Previous: -$11.7M-19.9%
Net Income

-$16.1M

Previous: -$13.4M-19.7%
Operating Income

-$18.3M

Previous: -$13.5M-35.4%
Gross Profit

$2.85M

Previous: $1.55M+83.3%
Cash & Equivalents

$327M

Previous: $35.6M+819.0%
Total Assets

$364M

Previous: $380M-4.2%
Stock-Based Comp

$4.21M

Previous: $2.94M+42.8%

Revenue & EPS history

Janux · Revenue · Quarterly

$2.85M

Q4 2022+76.1%vs Q4 2021
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Revenue by segment

Janux · $1.06M total across 1 segment · Q2 2023

  • Collaboration revenue
    $1.06M-55.3%

Forward guidance

Janux anticipates providing an interim clinical update from the PSMA-TRACTr (JANX007) trial in the second half of 2023. In addition, Janux expects to select a development candidate for its TROP2-TRACTr in 2023.

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

+0.6%

Avg return

Earnings day

-1.5%

Avg return

5 days after

-5.5%

Avg return

30 days after

42%

8 / 19 earnings

Positive

+14.6%

Q3 2022

Best reaction

-11.0%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.6%-1.4%-8.8%
Q4 2025-1.4%+4.0%-4.5%
Q3 2025+3.9%+4.8%-40.1%
Q1 2025-0.8%+3.8%-2.8%
Q4 2024+2.7%-1.6%-9.1%
Q3 2024-1.9%-2.9%+17.6%
Q2 2024-1.1%-0.8%+11.8%
Q1 2024-11.0%-21.3%-31.5%
Q4 2023-1.6%-1.7%-13.5%
Q3 2023+5.9%-3.4%+50.7%
Q2 2023+5.1%+4.3%-11.6%
Q1 2023+1.1%-7.0%-3.5%
Q4 2022-2.5%-4.7%-4.9%
Q3 2022+14.6%+5.3%-9.8%
Q2 2022+1.0%-4.9%-3.2%
Q1 2022+6.1%+13.7%+10.0%
Q4 2021-6.0%-3.5%-17.1%
Q3 2021-1.6%-7.4%-23.9%
Q2 2021-1.0%-3.8%-9.9%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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