NASDAQ$KALV

KalVista Pharmaceuticals Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

KalVista reported financial results for the first fiscal quarter ended July 31, 2020.

KalVista Pharmaceuticals reported no revenue for the first fiscal quarter ended July 31, 2020, compared to $3.4 million for the same period in the prior fiscal year. Research and development expenses were $11.2 million, compared to $9.7 million for the same period in the prior fiscal year. Net loss was $10.8 million, or $(0.61) per share, compared to a net loss of $7.3 million, or $(0.42) per share, for the same period in the prior fiscal year.

  • KVD900 Phase 2 trial met enrollment target, with data expected in Q4 2020.
  • Completing formulation studies for KVD824, with pharmacokinetic and pharmacodynamic data expected later this year before starting a Phase 2 clinical trial.
  • Submitted a Pediatric Investigational Plan (PIP) to the European Medicines Agency (EMA) for KVD900.
  • Cash, cash equivalents and marketable securities were $64.3 million as of July 31, 2020, compared to $67.7 million as of April 30, 2020.

Headline financials

Total Revenue

$3.37M

Previous: $3.37M+0.0%
EPS (adj)

-$0.61

Previous: -$0.42-45.2%
Capital Expenditures

-$22K

Previous: -$98K+77.6%
Free Cash Flow

-$10.8M

Previous: -$7.44M-45.7%
Net Income

-$10.8M

Previous: -$7.34M-47.4%
Operating Income

-$14.4M

Previous: -$9.56M-51.0%
Cash & Equivalents

$18M

No prior period
Total Assets

$83.9M

No prior period

Revenue & EPS history

KalVista · Revenue · Quarterly

$3.37M

Q1 2021+0%vs Q1 2020
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.3%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-0.7%

Avg return

30 days after

49%

21 / 43 earnings

Positive

+20.3%

Q4 2018

Best reaction

-26.3%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+1.1%+26.3%+56.4%
Q1 2026-3.8%-12.3%-25.3%
Q4 2025-3.1%-5.1%-22.4%
Q3 2025+2.0%-2.6%+5.1%
Q2 2025-4.2%-0.2%-4.5%
Q1 2025-4.5%-13.2%-12.1%
Q4 2024+3.7%+21.3%+2.6%
Q3 2024-13.0%-16.9%-16.9%
Q2 2024-9.0%+8.8%+26.8%
Q1 2024-4.0%-4.2%-12.2%
Q4 2023+17.0%+7.6%+23.5%
Q3 2023-10.4%-1.3%+2.7%
Q2 2023+9.8%+7.3%+27.8%
Q1 2023+1.4%-2.5%-68.4%
Q4 2022+10.6%+18.0%+37.5%
Q3 2022-9.3%-14.6%-16.4%
Q2 2022-0.4%-2.9%-4.2%
Q1 2022-0.6%-6.0%-14.4%
Q4 2021-3.0%-2.9%-14.0%
Q3 2021+3.4%+8.9%-16.8%
Q2 2021+5.2%+5.1%-7.0%
Q1 2021+2.0%+1.3%+9.8%
Q4 2020+7.2%+4.2%-18.8%
Q3 2020-26.3%-41.2%-20.9%
Q2 2020-1.8%-5.7%+18.9%
Q1 2020+8.7%+1.0%-29.4%
Q4 2019-0.5%+1.4%-6.7%
Q3 2019+10.4%+7.6%-0.2%
Q2 2019-14.0%-21.2%-15.5%
Q1 2019+9.6%+4.6%+20.6%
Q4 2018+20.3%+29.8%+94.0%
Q3 2018+4.7%+11.7%+0.8%
Q2 2018-4.8%-12.3%+0.2%
Q1 2018-21.5%-23.6%+9.8%
Q4 2017-0.8%-2.7%-11.6%
Q3 2017+1.9%-1.0%-12.2%
Q2 2017-1.9%-2.9%-1.6%
Q1 2017+0.4%+13.1%-13.3%
Q4 2016-3.2%
Q3 2016+7.1%
Q2 2016-3.2%
Q1 2016+1.3%
Q4 2015+2.4%
Q3 2015
Q2 2014
Q1 2014
Q4 2014
Q3 2013

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