NASDAQ$MBRX

Moleculin Biotech Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Moleculin reported its financial results for the year ended December 31, 2020 and provided a business update.

Moleculin Biotech, Inc. reported a net loss of $17.4 million for the year ended December 31, 2020. The company's R&D expenses increased to $12.8 million, and G&A expenses rose to $6.8 million. The company believes that its cash resources as of December 31, 2020, along with the additional funding received subsequent to year-end, will be sufficient to meet its projected operating requirements through at least the year 2023.

  • Raised gross proceeds of approximately $81 million through registered equity offering and ATM program in 1Q21, providing runway into 2025 based on current R&D spending levels.
  • Received $1.5 million grant to fund a Phase 1b/2 clinical trial for Annamycin for the treatment of soft tissue sarcoma lung metastases in Europe.
  • Reported positive interim results in Emory University pediatric brain tumor Phase 1 clinical trial for WP1066.
  • Observed positive in vitro results demonstrating the antiviral activity of WP1096 and WP1097 against SARS-CoV-2, HIV, Zika, and Dengue Fever.

Headline financials

EPS (adj)

-$3.00

Previous: -$7.20+58.3%
Net Income

-$17.4M

Previous: -$13.2M-31.4%
Operating Income

-$19.7M

Previous: -$17.5M-12.7%
Cash & Equivalents

$15.2M

Previous: $10.7M+41.3%
Total Assets

$29M

Previous: $25.2M+15.0%

Revenue & EPS history

Moleculin · Revenue · Quarterly

$0

Q1 2026

Forward guidance

Moleculin anticipates several milestones in 2021, including the potential for 8 clinical trials and further development of their drug candidates.

Tailwinds

  • Establishing a recommended Phase 2 Dose for Annamycin in 2021.
  • Timing of the commencement and progress of the clinical trials conducted by Moleculin and by third parties.
  • The ability of Moleculin to find a collaborative partner to support a Phase 2 clinical study of WP1220 in CTCL in 2021.
  • The ability to file for W1122 an IND application or its equivalent for either cancer-related or virus-related clinical trials in the first half of 2021.

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 Q4 2020

Historical avgQ4 2020

-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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