NASDAQ$MBRX

Moleculin Biotech Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported financial results for the quarter ended June 30, 2021 and provided a programs update.

Moleculin Biotech reported its financial results for the quarter ended June 30, 2021. Noteworthy progress was made in the clinical development program for Annamycin. The company believes the next 18 months hold key inflection points and value drivers.

  • Received approval to extend dose escalation in Phase 1/2 European clinical trial evaluating Annamycin for the treatment of acute myeloid leukemia (AML).
  • Commenced enrollment and dosed the first subject in its U.S. Phase 1b/2 clinical trial evaluating Annamycin for the treatment of soft tissue sarcoma (STS) lung metastases.
  • H2 2021: Seek to initiate Phase 1a/1b study of WP1122 for the treatment of COVID-19 in the UK.
  • The Company ended the quarter with approximately $79.5 million of cash.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$2.25

Previous: -$15.30+85.3%
Capital Expenditures

$0.00

Previous: -$20K+100.0%
Free Cash Flow

-$4.24M

Previous: -$10.1M+58.1%
Net Income

-$4.24M

Previous: -$10.1M+58.0%
Operating Income

-$5.52M

Previous: -$5.03M-9.6%
Gross Profit

$0.00

Previous: $0.00
Cash & Equivalents

$79.5M

Previous: $16.7M+375.1%
Total Assets

$93.5M

Previous: $31.4M+198.1%
Stock-Based Comp

$433K

No prior period

Revenue & EPS history

Moleculin · Revenue · Quarterly

$0

Q2 2021
Beat estimate in 0 of 6 quarters(0%)
ActualEstimate

Forward guidance

Moleculin anticipates several milestones in the near future.

Tailwinds

  • H2 2021: Report cohort topline results from the ongoing Phase 1/2 study for treatment of AML and report the study's topline results.
  • H2 2021: Commence Phase 1/2 study in Europe for the treatment of AML evaluating combination therapy of Annamycin + AraC.
  • H2 2021: Commencement of an investigator-funded, second Phase 1b/2 clinical trial of Annamycin in sarcoma lung metastases in Europe
  • H1 2022: Facilitate launch of physician-sponsored Phase 2 study of WP1066 for the treatment of pediatric brain tumors including DIPG.
  • Seek to initiate Phase 1a/1b study of WP1122 for the treatment of COVID-19 in the UK.

Headwinds

  • Actively seek collaboration with a strategic partner in the near term for external funding for the continued development of WP1220 in a Phase 2 clinical trial as a topical therapy for CTCL.
  • Potential to launch Phase 2 pivotal study of WP1122 for the treatment of COVID-19 outside the U.S.
  • File an IND in the U.S. for the treatment of certain cancers such as GBM and pancreatic cancer, with WP1122.
  • Ongoing preclinical development work in anti-viral indications such as HIV, Zika, and Dengue. IND targeted for 2022.
  • The Company believes that this cash is sufficient to meet its projected operating requirements, which include a forecasted increase over its current R&D rate of expenditures, into 2024.

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 Q2 2021

Historical avgQ2 2021

-1.3%

Avg return

Earnings day

-1.3%

Avg return

5 days after

-5.3%

Avg return

30 days after

33%

13 / 40 earnings

Positive

+28.1%

Q4 2019

Best reaction

-20.8%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q1 2026+2.8%+9.8%
Q3 2025-4.4%-3.5%-56.1%
Q2 2025-4.0%-11.7%-46.1%
Q1 2025-8.2%-1.3%-35.3%
Q4 2024-2.8%-3.7%-12.8%
Q3 2024+3.5%+6.3%+3.9%
Q2 2024-5.1%+2.1%+3.4%
Q1 2024+1.9%+6.7%-9.2%
Q4 2023-20.8%-16.4%-29.9%
Q3 2023+1.9%+9.3%-2.4%
Q2 2023-1.3%-7.5%-32.7%
Q1 2023-14.4%-21.7%-23.1%
Q4 2022-1.9%-7.8%-24.0%
Q3 2022+5.1%+6.1%+48.6%
Q2 2022+9.3%+3.7%-12.3%
Q1 2022+1.6%+9.0%+23.0%
Q4 2021-4.4%-1.7%+1.1%
Q3 2021+0.0%-6.5%-5.7%
Q2 2021-3.3%-11.1%-0.3%
Q1 2021-3.8%-2.6%+13.2%
Q4 2020-1.5%-6.6%-99.8%
Q3 2020+2.9%+8.5%+14.1%
Q2 2020-7.4%-5.6%-29.0%
Q1 2020+0.0%+0.0%+11.2%
Q4 2019+28.1%+27.9%+155.9%
Q3 2019+0.9%-0.9%-4.7%
Q2 2019+6.5%+10.2%+13.0%
Q1 2019-0.8%-5.7%-4.9%
Q4 2018+3.8%-1.5%-0.8%
Q3 2018-3.1%+6.1%-3.8%
Q2 2018+0.0%-1.2%+0.0%
Q1 2018-0.6%-0.6%+12.1%
Q4 2017-3.2%-1.1%-0.5%
Q3 2017-0.4%+3.7%+5.6%
Q2 2017-7.7%-11.8%-3.7%
Q1 2017-4.7%-4.9%+0.0%
Q4 2016-12.8%-28.2%-27.4%
Q3 2016-2.4%+1.7%-50.5%
Q2 2016-1.6%-6.7%-1.0%
Q1 2016+2.3%+5.4%+5.2%
Q3 2015

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