NASDAQ$MBRX

Moleculin Biotech Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

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

Moleculin Biotech reported progress across its pipeline, with three active Phase 1/2 clinical trials for Annamycin showing no evidence of cardiotoxicity. The company believes it has sufficient capital to fund operations beyond mid-2024.

  • Opened enrollment in the Phase 1/2 Study of Annamycin in combination with cytarabine for the treatment of Acute Myeloid Leukemia (“AML”) in Europe.
  • Initiated and began dosing in the Phase 2 portion of the U.S. Phase 1b/2 clinical trial evaluating Annamycin for the treatment of soft tissue sarcoma lung metastases ("STS lung mets").
  • Continued expanding the safety profile of Annamycin with a third report from an independent cardiology expert assessing recent subjects, which confirmed that there was no evidence of cardiotoxicity associated with Annamycin.
  • Concluded Phase 1a first-in-human clinical trial of WP1122 for the treatment of COVID-19 in the United Kingdom establishing a safe and tolerable dose in healthy volunteers.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$4.50

Previous: -$2.25-100.0%
Capital Expenditures

-$67K

Previous: $0.00
Free Cash Flow

-$8.68M

Previous: -$4.38M-98.2%
Net Income

-$8.61M

Previous: -$4.38M-96.6%
Operating Income

-$9.08M

Previous: -$6.16M-47.5%
Gross Profit

$0.00

Previous: $0.00
Cash & Equivalents

$50.4M

Previous: $75.2M-33.0%
Total Assets

$65.4M

Previous: $88.7M-26.3%
Stock-Based Comp

$699K

Previous: $979K-28.6%

Revenue & EPS history

Moleculin · Revenue · Quarterly

$0

Q3 2022

Forward guidance

Moleculin anticipates several milestones in the coming quarters, including commencing dosing in the Phase 1/2 study of Annamycin in combination with Ara-C in Acute Myeloid Leukemia, reporting Phase 2 interim data from the Phase 1b/2 study of Annamycin for the treatment of STS lung mets, commencement of investigator-sponsored clinical trials or programs for the treatment of adult and pediatric brain tumors, identifying investigators interested in initiating a Phase 1 study of oral WP1122 in adult patients with GBM, and reporting preliminary findings of NIH-funded animal testing of WP1096 in the Tacaribe Arenavirus.

Tailwinds

  • Commence dosing and open additional clinical sites in Poland and other European countries in the Phase 1/2 study of Annamycin in combination with Ara-C in Acute Myeloid Leukemia (Q4 2022).
  • Report Phase 2 interim data from ongoing Phase 1b/2 study of Annamycin for the treatment of STS lung mets in the US and Europe (Q1 2023).
  • Commencement of investigator-sponsored clinical trials or programs for the treatment of adult and pediatric brain tumors (H1 2023).
  • Identify investigators interested in initiating a Phase 1 open label, single arm, dose escalation study of the safety, pharmacokinetics and efficacy of oral WP1122 in adult patients with GBM.
  • Report preliminary findings of NIH-funded animal testing of WP1096 in the Tacaribe Arenavirus by the end of the first quarter 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 Q3 2022

Historical avgQ3 2022

-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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro