NASDAQ$VRCA

Verrica Pharmaceuticals Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported a net loss and focused on the potential launch of VP-102 and advancement of LTX-315.

Verrica Pharmaceuticals reported a net loss of $9.5 million for Q4 2021, compared to a $13.0 million loss for the same period in 2020. The company is preparing for the potential launch of VP-102 for molluscum and advancing LTX-315 for non-melanoma skin cancers.

  • Resubmitted the New Drug Application (NDA) for VP-102 for the treatment of molluscum contagiosum.
  • FDA acknowledged the resubmitted NDA and assigned a PDUFA goal date of May 24, 2022.
  • Expected to dose the first patient in the Phase 2 clinical trial of LTX-315 for basal cell carcinoma in Q1 2022.
  • Amended its existing $40 million credit facility to provide increased financial flexibility.

Headline financials

Total Revenue

-$12M

No prior period
EPS (adj)

-$0.35

Previous: -$0.52+32.7%
Capital Expenditures

$237K

No prior period
Free Cash Flow

-$8.94M

No prior period
Net Income

-$9.54M

Previous: -$13M+26.6%
Operating Income

-$8.47M

Previous: -$12M+29.6%
Cash & Equivalents

$70.4M

Previous: $65.5M+7.5%
Total Assets

$80.1M

Previous: $74.2M+8.1%

Revenue & EPS history

Verrica · Revenue · Quarterly

-$12M

Q4 2021
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

Verrica believes that its existing cash, cash equivalents, and marketable securities as of December 31, 2021 will be sufficient to support planned operations into the third quarter of 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

-2.7%

Avg return

Earnings day

-3.4%

Avg return

5 days after

-0.4%

Avg return

30 days after

42%

13 / 31 earnings

Positive

+18.6%

Q1 2024

Best reaction

-47.9%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.8%-15.3%
Q4 2025+4.7%+3.2%-14.5%
Q3 2025+3.2%+15.8%+104.7%
Q1 2025+2.9%-0.8%-3.0%
Q4 2024-7.6%+0.5%-25.3%
Q3 2024-47.9%-45.8%-22.2%
Q2 2024-44.8%-43.8%-62.6%
Q1 2024+18.6%+8.4%+7.3%
Q4 2023-3.0%-10.1%+3.5%
Q3 2023-13.6%-17.7%+7.6%
Q2 2023+7.6%+1.6%-18.5%
Q1 2023-1.4%-7.1%-13.9%
Q4 2022-6.9%+1.5%-21.6%
Q3 2022-3.1%+3.1%+43.7%
Q2 2022+17.1%+9.6%+18.8%
Q1 2022-1.6%-7.8%-63.0%
Q4 2021+1.3%-7.7%+1.9%
Q3 2021-4.2%-5.9%-22.2%
Q2 2021-1.6%-0.7%+12.6%
Q1 2021-0.8%-0.2%-14.8%
Q4 2020-9.6%-0.2%+1.3%
Q3 2020+13.9%+13.1%+32.3%
Q2 2020+5.6%+4.8%+29.6%
Q1 2020+10.5%+2.8%+24.0%
Q4 2019-12.1%-7.5%+31.3%
Q3 2019+0.8%+4.0%-7.3%
Q2 2019+2.6%-9.3%-2.3%
Q1 2019+1.0%-3.3%-23.4%
Q4 2018-7.5%+1.1%-8.0%
Q3 2018-3.8%+5.6%-22.7%
Q2 2018-0.9%+2.7%+13.8%
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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