NASDAQ$OTLK

Outlook Therapeutics Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported financial results for fiscal year 2021 and provided a corporate update.

Outlook Therapeutics reported a net loss attributable to common stockholders of $53.2 million for the fiscal year ended September 30, 2021. The company had cash and cash equivalents of $14.5 million at the end of the fiscal year and completed a $57.5 million gross proceeds equity offering subsequent to the fiscal year end.

  • Successfully completed the registration clinical trials for ONS-5010.
  • Reported statistically significant and clinically relevant data from clinical trials.
  • Plans to submit a new BLA under the Public Health Service Act (PHSA) 351(a) regulatory pathway in the first quarter of calendar 2022.
  • Began commercial launch planning for ONS-5010, including manufacturing, distribution, sales force planning, and engagement with physicians and payors.

Headline financials

EPS (adj)

-$1.60

Previous: -$0.60-166.7%
Net Income

-$53.2M

Previous: -$48.9M-8.8%
Operating Income

-$13.4M

Previous: -$10M-34.2%
Cash & Equivalents

$14.5M

Previous: $12.5M+16.0%
Total Assets

$44.8M

Previous: $19.7M+127.0%
Stock-Based Comp

$1.4M

Previous: $785K+79.0%

Revenue & EPS history

Outlook Therapeutics · Revenue · Quarterly

$127K

Q2 2026
Beat estimate in 0 of 3 quarters(0%)
ActualEstimate

Forward guidance

Outlook Therapeutics anticipates potential FDA approval in 2022 for ONS-5010 and expects to initiate registration clinical trials for ONS-5010 for DME and BRVO in 2023 if FDA approval is received for the wet AMD indication.

Tailwinds

  • Potential FDA approval of ONS-5010 in the first quarter of calendar 2023, resulting in 12 years of marketing exclusivity.
  • Plans to file a supplementary application for approval to provide the product in a pre-filled, silicone-free syringe.
  • Collaborative discussions with payors and the retina community commenced.
  • Developing registration documents for approvals in Europe.
  • Exploring potential strategic commercialization partners.

Headwinds

  • Risks associated with developing pharmaceutical product candidates.
  • Risks of conducting clinical trials.
  • Risks in obtaining necessary regulatory approvals.
  • Uncertainty of future impacts related to the ongoing COVID-19 pandemic.
  • Potential delays in clinical trials

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

+5.1%

Avg return

Earnings day

+6.9%

Avg return

5 days after

-0.7%

Avg return

30 days after

61%

25 / 41 earnings

Positive

+48.5%

Q2 2019

Best reaction

-14.6%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+1.3%-0.9%
Q1 2026-13.9%-15.7%-31.4%
Q4 2025-2.9%-11.6%-73.6%
Q3 2025+14.1%+23.5%-51.2%
Q2 2025+1.2%+9.9%-0.6%
Q1 2025+1.6%-7.9%-14.7%
Q4 2024+9.4%+11.2%+17.1%
Q3 2024-0.9%-7.6%-16.5%
Q2 2024-0.9%+7.4%+3.6%
Q1 2024+21.2%+13.0%+3.0%
Q4 2023+4.2%+8.2%-18.5%
Q3 2023-3.1%-16.9%-85.3%
Q2 2023+3.5%+16.5%+46.1%
Q1 2023-3.3%-7.5%-15.8%
Q4 2022+6.9%+4.0%+15.8%
Q3 2022-3.4%+5.9%-4.2%
Q2 2022+7.4%+2.7%-37.1%
Q1 2022+3.7%+8.1%+36.3%
Q4 2021-4.2%-1.4%-14.6%
Q3 2021-14.6%-16.2%-1.6%
Q2 2021+16.0%+21.2%+34.1%
Q1 2021-0.4%-4.0%-9.5%
Q4 2020+1.3%-4.6%-13.1%
Q3 2020+5.2%+14.2%-54.5%
Q2 2020+1.9%-1.9%+40.4%
Q1 2020+0.0%-1.1%-35.1%
Q4 2019-1.7%-53.0%-11.1%
Q3 2019-4.2%-8.9%-17.8%
Q2 2019+48.5%+191.3%+125.2%
Q1 2019+28.2%+28.2%-5.8%
Q4 2018+24.5%+42.9%+34.7%
Q3 2018+1.2%-8.8%+0.0%
Q2 2018+2.7%+1.1%-13.3%
Q1 2018+4.3%+3.5%-19.0%
Q4 2017+0.0%-7.9%-4.8%
Q3 2017+0.5%+3.0%+77.8%
Q2 2017-8.7%-34.1%-24.5%
Q1 2017+10.6%+2.1%-1.2%
Q4 2016+28.6%+40.3%+59.8%
Q2 2016+28.6%+40.3%+59.8%
Q3 2016-3.9%-5.3%-8.1%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2014

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