NASDAQ$ORGN

Origin Materials Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported financial results for Q4 2022.

Origin Materials reported net income of $16.0 million for the fourth quarter of 2022, with cash, cash equivalents, and marketable securities totaling $323.8 million as of December 31, 2022. The company is progressing with Origin 1 and Origin 2 plants, and announced a strategic partnership with Avantium.

  • Origin 1 mechanically complete, completion of commissioning & start-up expected in Q2 2023.
  • Origin 2 front-end design, construction planning, and financing are progressing with update to be provided mid-2023.
  • Louisiana State Bond Commission approves significant financing milestone.
  • Announced strategic partnership with Avantium to accelerate mass production of FDCA and PEF for advanced chemicals and plastics.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

$0.11

Previous: $0.04+175.0%
Capital Expenditures

$25.9M

Previous: $7.16M+261.5%
Free Cash Flow

-$42.5M

Previous: -$13.6M-212.9%
Net Income

$16M

Previous: $5.24M+205.5%
Operating Income

-$13M

Previous: -$7.76M-67.3%
Cash & Equivalents

$108M

Previous: $46.6M+131.3%
Total Assets

$494M

Previous: $510M-3.3%
Stock-Based Comp

$3.52M

Previous: $959K+266.6%

Revenue & EPS history

Origin Materials · Revenue · Quarterly

$0

Q4 2022
Beat estimate in 3 of 9 quarters(33%)
ActualEstimate

Forward guidance

The Company is providing revenue guidance of $40 to $60 million and an Adjusted EBITDA loss of $50 million to $60 million for fiscal year 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 Q4 2022

Historical avgQ4 2022

-5.4%

Avg return

Earnings day

-2.4%

Avg return

5 days after

-5.8%

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
Q4 2025+9.6%-6.1%
Q1 2026+0.0%+21.1%-13.0%
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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