NASDAQ$MBRX

Moleculin Biotech Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Moleculin reported financial results for the year ended December 31, 2019.

Moleculin Biotech, Inc. reported a net loss of $13.2 million for the year ended December 31, 2019. The company's cash and cash equivalents were $10.7 million as of December 31, 2019. They believe that their cash resources will be sufficient to meet operating requirements towards the end of the third quarter of 2020.

  • Annamycin met its primary endpoint and demonstrated a clean safety profile with no evidence of cardio-toxicity in Phase 1 portion of US Phase 1/2 clinical trial in AML.
  • Emory University received FDA approval for their IND status request for WP1066 in a pediatric brain tumor clinical trial.
  • Positive data reported from Phase 1 ‘proof-of-concept’ clinical trial with WP1220 for the treatment of cutaneous T-cell lymphoma (CTCL), which demonstrated a median reduction of 56% in skin cancer lesions.
  • Preclinical testing of WP1122 began as a new approach to Pancreatic cancer, by attacking cancer through inhibiting tumor metabolism.

Headline financials

EPS (adj)

-$7.20

Previous: -$9.00+20.0%
Net Income

-$13.2M

No prior period
Operating Income

-$17.5M

No prior period
Cash & Equivalents

$10.7M

No prior period
Total Assets

$25.2M

No prior period

Revenue & EPS history

Moleculin · Revenue · Quarterly

$0

Q1 2026

Forward guidance

Moleculin anticipates several milestones in 2020, including the first patient treated in the Phase 1 clinical trial with WP1066, IND submission for Annamycin, pre-IND Meeting with FDA/EMA concerning a Phase 2 clinical trial with WP1220, FDA End of Phase 1 meeting for Annamycin in AML, achieving an MTD or a dose level at or above 300 mg/m2 in EU AML Phase 1/2 trial for Annamycin, and benefiting from non-dilutive financial funding for additional clinical trials

Tailwinds

  • First patient treated in the Phase 1 clinical trial with WP1066 for the treatment of pediatric brain tumors at Emory University
  • IND submission for Annamycin for the treatment of tumor metastases to the lung
  • Pre-IND Meeting with FDA/EMA concerning a Phase 2 clinical trial with WP1220 for the treatment of CTCL
  • File IND/CTA for a Phase 2 clinical trial with WP1220 for the treatment of CTCL
  • FDA End of Phase 1 meeting for Annamycin in AML

Headwinds

  • Achieving an MTD or a dose level at or above 300 mg/m2 in EU AML Phase 1/2 trial for Annamycin
  • Benefit from non-dilutive financial funding for additional clinical trials
  • The ability of Moleculin to successfully recruit sufficient patients to complete its current clinical trials
  • The ability of Moleculin to be permitted by the FDA to accelerate its approval pathway for a pivotal Phase 2 trial by relying on its European trial to establish a recommended Phase 2 dose
  • The ability of Moleculin to file an IND for the treatment of cancer metastases to the lung in 2020

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 2019

Historical avgQ4 2019

-1.2%

Avg return

Earnings day

-0.8%

Avg return

5 days after

-5.3%

Avg return

30 days after

32%

13 / 41 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
Q1 2026+2.8%+9.8%
Q4 2025+0.0%+20.9%+17.5%
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%-2.1%-99.7%
Q4 2020-1.5%-6.6%-11.6%
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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