NASDAQ$RAPT

RAPT Therapeutics Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported financial results for the third quarter ended September 30, 2020.

RAPT Therapeutics reported a net loss of $14.6 million for the third quarter of 2020, compared to a net loss of $10.0 million for the third quarter of 2019. Research and development expenses increased to $12.9 million, and general and administrative expenses increased to $3.2 million. The company had cash and cash equivalents and marketable securities of $122.8 million as of September 30, 2020.

  • Reported positive initial data from Phase 1/2 clinical trial evaluating FLX475 in multiple cancer indications.
  • Advanced FLX475 program and continued enrollment for Phase 1b study of RPT193 in atopic dermatitis.
  • Expect to read out Phase 1b study of RPT193 in the first half of 2021.
  • Well positioned for multiple catalysts in 2021.

Headline financials

Total Revenue

$1.53M

No prior period
EPS (adj)

-$0.60

Previous: -$12.41+95.2%
R&D Expenses

$12.9M

Previous: $8.58M+50.5%
G&A Expenses

$3.2M

Previous: $1.73M+84.5%
Capital Expenditures

-$224K

No prior period
Free Cash Flow

-$25.3M

No prior period
Net Income

-$14.6M

No prior period
Operating Income

-$14.6M

No prior period
Cash & Equivalents

$20.2M

No prior period
Total Assets

$129M

No prior period

Revenue & EPS history

RAPT · Revenue · Quarterly

$1.53M

Q3 2020
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 8 quarterly earnings reports

Historical avg

-1.6%

Avg return

Earnings day

-11.5%

Avg return

5 days after

-5.0%

Avg return

30 days after

44%

11 / 25 earnings

Positive

+38.7%

Q3 2022

Best reaction

-45.8%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025+2.6%+4.5%+21.9%
Q2 2025+1.0%+8.6%+28.1%
Q1 2025+0.0%-8.3%+46.2%
Q4 2024-0.9%+0.9%-6.2%
Q3 2024-10.3%-37.1%-41.7%
Q2 2024-5.8%+2.5%-23.3%
Q1 2024-45.7%-50.1%-51.8%
Q4 2023-0.7%-13.0%-13.6%
Q3 2023+8.2%
Q2 2023-4.8%
Q1 2023-3.5%
Q4 2022-28.4%
Q3 2022+38.7%
Q2 2022+18.7%
Q1 2022+9.7%
Q4 2021+9.2%
Q3 2021-1.9%
Q2 2021-0.4%
Q1 2021-4.0%
Q4 2020+12.0%
Q3 2020-45.8%
Q2 2020+12.3%
Q1 2020+3.7%
Q4 2019+8.7%
Q3 2019-12.3%
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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