NASDAQ$SRRK

Scholar Rock Holding Corporation · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Scholar Rock reported full year 2021 financial results and highlighted business progress.

Scholar Rock reported full year results, with a net loss of $131.8 million and revenue of $18.8 million. The company ended the year with approximately $253 million in cash, cash equivalents, and marketable securities.

  • Progressing Phase 3 SAPPHIRE clinical trial evaluating apitegromab in patients with non-ambulatory Type 2 and 3 Spinal Muscular Atrophy (SMA).
  • Two-year data from open label extension of TOPAZ Phase 2 trial in SMA expected by mid-2022.
  • Data from DRAGON Part B proof-of-concept trial evaluating SRK-181 to overcome checkpoint inhibitor resistance in cancer patients anticipated in 2022.
  • Ended 2021 with approximately $253 million in cash, cash equivalents, and marketable securities.

Headline financials

Total Revenue

$4.05M

Previous: $3.44M+17.8%
EPS (adj)

-$0.97

Previous: -$0.79-22.8%
R&D Expense

$108M

Previous: $74.1M+46.5%
G&A Expense

$40.3M

Previous: $28.2M+42.7%
Capital Expenditures

$542K

Previous: $1.97M-72.5%
Free Cash Flow

-$33M

Previous: -$21.7M-52.3%
Net Income

-$132M

Previous: -$86.5M-52.4%
Operating Income

-$130M

Previous: -$86.9M-49.5%
Gross Profit

$1.68M

Previous: -$18.3M+109.2%
Cash & Equivalents

$253M

Previous: $341M-25.8%
Total Assets

$304M

Previous: $388M-21.6%
Stock-Based Comp

$6.1M

Previous: $2.53M+140.9%

Revenue & EPS history

Scholar Rock · Revenue · Quarterly

$4.05M

Q4 2021+17.8%vs Q4 2020
Beat estimate in 8 of 13 quarters(62%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+3.6%

Avg return

Earnings day

+3.0%

Avg return

5 days after

+3.5%

Avg return

30 days after

58%

18 / 31 earnings

Positive

+24.6%

Q4 2023

Best reaction

-7.6%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.4%+4.4%-6.1%
Q4 2025+2.0%+4.2%+15.0%
Q3 2025+24.1%+32.0%+55.9%
Q2 2025-6.1%-14.9%-15.1%
Q1 2025-2.6%-3.9%+3.3%
Q4 2024-2.9%+0.2%-11.3%
Q3 2024-2.7%-5.9%+48.0%
Q1 2024-3.7%-11.4%-37.4%
Q4 2023+24.6%+24.2%+5.7%
Q3 2023-1.8%-17.5%+44.2%
Q2 2023+6.3%+11.6%-3.6%
Q1 2023+4.4%-0.1%-13.6%
Q4 2022+7.2%-1.9%-15.7%
Q3 2022+10.9%+0.2%+1.5%
Q2 2022+6.9%+32.9%+5.2%
Q1 2022+7.3%-5.2%-9.7%
Q4 2021-5.1%-9.5%-8.6%
Q3 2021+16.8%+24.2%-10.4%
Q2 2021+4.8%+7.5%+4.6%
Q1 2021-2.4%+0.1%+10.6%
Q4 2020+16.8%+21.4%-40.2%
Q3 2020-1.0%+2.8%+7.7%
Q2 2020+3.9%-4.1%+5.0%
Q1 2020-4.8%+6.9%+2.2%
Q4 2019+4.3%+9.4%-1.1%
Q3 2019-7.6%-14.5%+17.0%
Q2 2019+0.8%+11.9%+19.4%
Q1 2019+6.2%+8.6%-4.9%
Q4 2018+9.8%+2.3%-7.4%
Q3 2018+2.0%-10.0%-1.6%
Q2 2018-6.7%-11.9%+51.0%
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro