NASDAQ$RLMD

Relmada Therapeutics Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Relmada reported fourth quarter and full-year 2022 financial results and provided a corporate update.

Relmada Therapeutics reported their Q4 and full-year 2022 financial results, focusing on the analysis of Reliance I (Study 301) data and plans for further development of REL-1017 as an adjunctive treatment for major depressive disorder (MDD). They intend to implement changes to Reliance II (Study 302) and initiate a new trial, Study 304, with sufficient funding to execute these plans.

  • Analysis of Reliance I (Study 301) data identified key issues.
  • Focus on further development of REL-1017 as an adjunctive treatment for MDD.
  • Critical changes to Reliance II (Study 302) will be implemented, and a new trial, Study 304, will be initiated.
  • Relmada is sufficiently funded to fully execute the plans for the further development of REL-1017 with Study 302 and Study 304.

Headline financials

EPS (adj)

-$1.28

Previous: -$1.80+28.9%
Net Income

-$37.9M

Previous: -$34.4M-10.4%
Operating Income

-$38.7M

Previous: -$34.2M-13.2%
Cash & Equivalents

$5.4M

Previous: $44.4M-87.9%
Total Assets

$153M

Previous: $223M-31.5%
Stock-Based Comp

$11.6M

Previous: $18.4M-36.7%

Revenue & EPS history

Relmada · Revenue · Quarterly

-$9.87K

Q1 2026

Forward guidance

Relmada Therapeutics is focusing on clinical trial execution to gain approval for REL-1017, having identified key issues from Study 301 and planning to implement changes in ongoing and new trials.

Tailwinds

  • Identified the most reliable sites for trials.
  • Identified the most suitable patients for trials.
  • Improved study protocols.
  • All other pre- and clinical, and CMC pieces are in place for a successful NDA filing for REL-1017.
  • Sufficiently funded to fully execute plans for further development of REL-1017

Headwinds

  • Potential failure of Reliance trial results to demonstrate clinically significant evidence of efficacy and/or safety
  • Failure of top-line results to accurately reflect the complete results of the trial
  • Failure to obtain regulatory approval of REL-1017 for the treatment of major depressive disorder
  • Risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements
  • Not possible to predict or identify all the risks, uncertainties and other factors that may affect future results

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

-1.6%

Avg return

Earnings day

-1.4%

Avg return

5 days after

+3.2%

Avg return

30 days after

35%

15 / 43 earnings

Positive

+10.8%

Q4 2024

Best reaction

-29.0%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-2.0%-12.5%
Q1 2026+1.2%-6.1%-11.4%
Q3 2025+1.8%+7.7%+4.6%
Q2 2025-2.5%-5.6%+174.1%
Q1 2025+6.6%+33.4%+53.6%
Q4 2024+10.8%-5.1%+33.2%
Q3 2024-3.5%-2.9%-86.5%
Q2 2024-29.0%-29.0%-25.9%
Q1 2024-0.5%-7.6%-22.8%
Q4 2023-19.6%-12.0%-22.1%
Q3 2023-2.0%-7.5%-16.1%
Q2 2023+3.0%+17.4%+34.5%
Q1 2023-9.2%-10.7%-19.0%
Q4 2022-3.0%+4.3%+12.8%
Q3 2022+10.4%+2.3%-53.5%
Q2 2022-0.7%-2.8%+8.9%
Q1 2022-12.4%-18.5%-20.1%
Q4 2021+7.5%+10.4%+4.9%
Q3 2021-8.2%-12.0%-24.4%
Q2 2021+4.8%+0.6%+13.6%
Q1 2021-4.1%+0.0%-10.9%
Q4 2020-10.4%-7.4%+4.3%
Q3 2020+0.0%+8.3%+0.9%
Q2 2020-0.3%+7.7%+0.0%
Q1 2020+9.6%+8.5%+12.6%
Q4 2019-0.1%-1.7%+19.7%
Q3 2019-3.0%-5.1%+29.9%
Q2 2019-4.0%-8.5%+106.8%
Q1 2019+0.0%+1.7%+13.9%
Q3 2018+5.1%+2.6%-1.7%
Q1 2018-5.0%+5.3%-13.3%
Q2 2018+0.0%-2.1%-3.5%
Q4 2017+4.7%+4.7%-11.0%
Q3 2017-2.0%-2.0%-20.6%
Q2 2017-8.6%-4.8%-32.9%
Q1 2017+7.4%+0.0%-19.3%
Q3 2016-17.8%
Q2 2016+2.7%
Q1 2016-1.1%
Q3 2015-2.5%
Q2 2014+4.2%
Q3 2014-4.6%
Q1 2015+5.9%
Q4 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2011

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