NASDAQ$ORGN

Origin Materials Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Announced financial results for the fourth quarter and year ended December 31, 2021.

Origin Materials reported a net income of $5.2 million for Q4 2021, compared to a net loss of $23.5 million in the prior-year period. The company's adjusted EBITDA loss was $6.6 million, compared to a loss of $3.8 million in the prior-year period. Origin Materials has increased its total signed offtake agreements and capacity reservations to $5.6 billion from $4.2 billion in November 2021.

  • Increased total signed offtake agreements and capacity reservations to $5.6 billion from $4.2 billion in November 2021.
  • Announced Origin 2 site selection in Geismar, Louisiana.
  • Origin to receive $400 million Private Activity Bond volume cap allocation and state and local incentives worth more than $100 million, subject to finalization.
  • Reaffirmed 2022 Adjusted EBITDA forecast loss of $36 Million.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

$0.04

Previous: -$0.37+110.8%
Capital Expenditures

$7.16M

Previous: $382K+1773.0%
Free Cash Flow

-$13.6M

Previous: -$1.95M-595.8%
Net Income

$5.24M

Previous: -$23.5M+122.3%
Operating Income

-$7.76M

Previous: -$192K-3933.1%
Cash & Equivalents

$46.6M

Previous: $1.31M+3462.8%
Total Assets

$510M

Previous: $47.4M+976.2%
Stock-Based Comp

$959K

Previous: $1.55M-38.2%

Revenue & EPS history

Origin Materials · Revenue · Quarterly

$0

Q4 2021
Beat estimate in 2 of 7 quarters(29%)
ActualEstimate

Forward guidance

The Company is providing the following initial guidance for Adjusted EBITDA and capital spending for fiscal year 2022

Tailwinds

  • Adjusted EBITDA loss of up to $36 million
  • Capital spending is expected to be up to $155 million

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 2021

Historical avgQ4 2021

-5.4%

Avg return

Earnings day

-3.8%

Avg return

5 days after

-6.6%

Avg return

30 days after

42%

10 / 24 earnings

Positive

+27.9%

Q2 2024

Best reaction

-66.3%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%+21.1%
Q4 2025+9.6%-40.6%-32.2%
Q3 2025-3.7%-8.2%-17.6%
Q2 2025-33.5%-36.8%-32.7%
Q1 2025-32.7%-24.0%-34.9%
Q4 2024-4.2%-9.4%-34.6%
Q3 2024-11.4%-15.4%-6.5%
Q2 2024+27.9%+86.0%+80.2%
Q1 2024-21.6%-17.4%-17.7%
Q4 2023-6.1%-5.9%-11.9%
Q3 2023-19.0%+1.8%-29.6%
Q2 2023-66.3%-67.1%-65.3%
Q1 2023+7.6%+8.8%+8.8%
Q4 2022+3.8%+0.2%-17.3%
Q3 2022+6.8%+3.6%+4.3%
Q2 2022+12.4%+18.2%-0.3%
Q1 2022-14.2%-3.1%+5.3%
Q4 2021+5.7%+11.8%+40.0%
Q3 2021+3.8%-3.9%-15.9%
Q2 2021+3.3%-13.4%+19.7%
Q1 2021-0.3%+0.1%+1.2%
Q4 2020-0.3%+0.1%+1.2%
Q2 2020+3.8%+1.9%+0.3%
Q3 2020-0.4%+0.1%+2.7%

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