NASDAQ$TSHA

Taysha Gene Therapies Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Taysha Gene Therapies reported financial results for the fourth quarter and full-year ended December 31, 2021 and provided a corporate update.

Taysha Gene Therapies reported a net loss of $50.4 million for the fourth quarter of 2021. The company is prioritizing key registration-directed programs in GAN and Rett syndrome and expects its cash runway to extend into Q4 2023.

  • Reported positive clinical efficacy and safety data for high dose cohort and long-term durability data across all therapeutic dose cohorts for TSHA-120 in GAN.
  • Clinical Trial Application (CTA) approved by Health Canada in March 2022.
  • Reported positive preliminary clinical safety data for first-generation construct in CLN7 Batten disease from UTSW-sponsored clinical trial.
  • Prioritizing key value-driving registration-directed programs, GAN and Rett syndrome.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$1.32

Previous: -$1.04-26.9%
Capital Expenditures

$8.27M

No prior period
Free Cash Flow

-$48.5M

No prior period
Net Income

-$50.4M

Previous: -$60M+16.0%
Operating Income

-$49.7M

Previous: -$43M-15.6%
Cash & Equivalents

$149M

Previous: $251M-40.7%
Total Assets

$214M

Previous: $259M-17.4%
Stock-Based Comp

$4.96M

No prior period

Revenue & EPS history

Taysha Gene Therapies · Revenue · Quarterly

$0

Q4 2021
Beat estimate in 5 of 7 quarters(71%)
ActualEstimate

Forward guidance

Taysha Gene Therapies anticipates several milestones in 2022, including regulatory updates for TSHA-120 in GAN, first-in-human preliminary Phase 1/2 data for TSHA-102 in Rett syndrome, initiation of clinical development for TSHA-105 in SLC13A5 deficiency, continued clinical development for TSHA-118 in CLN1 disease, and continued clinical development of the first-generation construct for CLN7 disease.

Tailwinds

  • Regulatory update for TSHA-120 in GAN by mid-2022
  • First-in-human preliminary Phase 1/2 data for TSHA-102 in Rett syndrome by year-end 2022
  • Initiation of clinical development for TSHA-105 in SLC13A5 deficiency in 2022
  • Continued clinical development for TSHA-118 in CLN1 disease in 2022
  • Continued clinical development of the first-generation construct for CLN7 disease in 2022

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

+10.9%

Avg return

Earnings day

+11.7%

Avg return

5 days after

+18.2%

Avg return

30 days after

52%

12 / 23 earnings

Positive

+195.0%

Q2 2023

Best reaction

-16.0%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-3.5%-6.3%
Q1 2026+0.6%-1.6%-20.9%
Q3 2025-5.9%-8.9%+18.3%
Q2 2025+5.4%+6.5%+17.4%
Q1 2025+8.1%+23.6%+7.2%
Q4 2024-4.7%-4.7%+13.5%
Q3 2024-5.0%-4.6%-13.4%
Q2 2024+9.1%+7.7%+11.0%
Q1 2024+29.6%+28.7%+73.7%
Q4 2023+39.0%+52.6%+13.1%
Q3 2023+26.3%+27.8%+16.5%
Q2 2023+195.0%+159.8%+312.7%
Q1 2023-10.5%-7.7%+14.7%
Q4 2022-6.5%+14.8%-3.9%
Q3 2022-5.5%+9.0%+2.5%
Q2 2022-16.0%-16.4%-29.9%
Q1 2022-4.1%-19.5%-12.5%
Q4 2021+3.1%+8.5%-40.5%
Q3 2021+0.2%-3.1%-9.3%
Q2 2021+0.7%-2.6%+20.1%
Q1 2021-0.7%+2.0%+19.9%
Q4 2020-7.2%-0.2%-19.9%
Q3 2020+2.2%+4.0%+10.3%

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