NASDAQ$OKUR

OnKure Therapeutics Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported financial results for the first quarter of 2021 and provided an update on its clinical programs.

Reneo Pharmaceuticals reported a net loss of $7.2 million, or $3.48 per share, for the three months ended March 31, 2021. The company had $91.2 million in cash and cash equivalents as of March 31, 2021.

  • Initiated the STRIDE study, a global, randomized, double-blind, placebo-controlled Phase 2b clinical trial of REN001 in patients with primary mitochondrial myopathies (PMM).
  • Completed an initial public offering (IPO) of the company’s common stock for total gross proceeds of approximately $94 million.
  • Re-initiated enrollment of two open-label Phase 1b clinical trials in patients with long-chain fatty acid oxidation disorder (LC-FAOD) and in patients with glycogen storage disease type V (McArdle disease).
  • Initiated an observational clinical trial in patients with LC-FAOD to better understand changes in disease characteristics over time (“FORWARD” study).

Headline financials

EPS (adj)

-$15.57

No prior period
R&D Expenses

$5.47M

No prior period
G&A Expenses

$1.74M

No prior period
Capital Expenditures

$25K

No prior period
Free Cash Flow

-$8.61M

No prior period
Net Income

-$7.2M

No prior period
Operating Income

-$7.21M

No prior period
Cash & Equivalents

$91.2M

No prior period
Total Assets

$95.3M

No prior period
Stock-Based Comp

$471K

No prior period

Revenue & EPS history

Reneo Pharmaceuticals · Revenue · Quarterly

$458K

Q1 2026

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

+2.2%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+3.6%

Avg return

30 days after

52%

11 / 21 earnings

Positive

+21.2%

Q2 2025

Best reaction

-10.3%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.7%-15.0%-6.3%
Q3 2025-5.5%-2.5%-3.2%
Q2 2025+21.2%+24.6%+20.2%
Q1 2025+12.5%+7.5%+21.0%
Q4 2024+3.7%+4.8%-40.0%
Q3 2024+3.2%+1.8%-16.7%
Q2 2024+9.7%+15.7%+5.2%
Q1 2024+2.4%+3.0%+0.6%
Q4 2023+3.0%+3.6%+1.2%
Q3 2023-0.9%+5.6%+21.1%
Q2 2023-6.3%-15.1%+7.1%
Q1 2023-1.4%-0.9%+79.3%
Q4 2022-10.3%-1.0%+65.1%
Q3 2022-3.0%-8.6%-35.4%
Q2 2022-3.0%+4.1%+34.6%
Q1 2022-5.9%-10.8%-28.2%
Q4 2021-1.4%-6.8%-34.7%
Q3 2021+14.8%+5.7%-13.2%
Q2 2021+0.1%-3.2%+2.0%
Q4 2020+7.5%+2.9%-2.3%
Q1 2021+7.5%+2.9%-2.3%

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