NYSE$IBIO

iBio Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

iBio reported an increase in revenue and a net loss for the fiscal third quarter ended March 31, 2021.

iBio reported its Q3 2021 financial results, with revenue increasing to $0.8 million compared to $0.1 million in the same period last year. The company's net loss was $7.7 million, or $0.04 per share, compared to a net loss of $4.7 million, or $0.06 per share, in the same period of 2020.

  • Revenue increased to $0.8 million, up from $0.1 million year-over-year.
  • Cost of Goods Sold was $0.5 million, resulting in a gross profit of $0.3 million.
  • Net loss attributable to iBio stockholders was $7.7 million, or $0.04 per share.
  • Cash, cash equivalents, and debt investments totaled $103.9 million as of March 31, 2021.

Headline financials

Total Revenue

$765K

Previous: $96K+696.9%
EPS (adj)

-$0.80

No prior period
Capital Expenditures

-$2.41M

Previous: -$271K-787.8%
Free Cash Flow

-$10.1M

Previous: -$4.95M-103.5%
Net Income

-$7.66M

Previous: -$4.68M-63.8%
Operating Income

-$7.2M

Previous: -$4.06M-77.2%
Gross Profit

$272K

Previous: $96K+183.3%
Cash & Equivalents

$84.6M

Previous: $10M+742.9%
Total Assets

$143M

Previous: $42.2M+238.0%
Stock-Based Comp

$374K

No prior period

Revenue & EPS history

iBio · Revenue · Quarterly

$765K

Q3 2021+696.9%vs Q3 2020
Beat estimate in 2 of 9 quarters(22%)
ActualEstimate

Forward guidance

iBio believes it will have sufficient resources to fund its planned operations at least through March 31, 2023, inclusive of its planned investment in the FastPharming Discovery Platform and potential in-licensing activities.

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 Q3 2021

Historical avgQ3 2021

-1.4%

Avg return

Earnings day

-2.9%

Avg return

5 days after

+14.3%

Avg return

30 days after

43%

17 / 40 earnings

Positive

+24.4%

Q3 2020

Best reaction

-34.4%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+12.9%+9.9%+22.8%
Q1 2026-8.0%-3.2%+55.2%
Q4 2025+3.7%+8.6%+6.2%
Q3 2025+1.3%+1.3%+30.4%
Q2 2025-14.8%-7.8%+49.2%
Q1 2025-9.4%-10.9%-2.0%
Q4 2024-2.6%-4.2%+51.1%
Q3 2026-3.7%+23.9%+36.2%
Q3 2024+1.6%+7.0%+37.8%
Q2 2024+5.2%+5.2%+2.6%
Q1 2024-3.4%-10.3%-78.1%
Q4 2023-3.3%-9.1%-6.1%
Q3 2023-7.9%-5.9%-31.7%
Q2 2023-10.5%+55.8%+113.7%
Q1 2023+0.0%-8.6%-68.6%
Q4 2022-34.4%-46.9%-74.6%
Q3 2022+0.0%+0.0%+12.0%
Q2 2022+2.7%-8.1%-5.4%
Q1 2022-9.2%-11.8%-17.1%
Q4 2021-4.3%-11.1%-35.0%
Q3 2021-6.8%-0.7%+5.4%
Q2 2021-15.3%-17.8%-29.8%
Q1 2021+15.2%-9.6%-38.2%
Q3 2020+24.4%+16.0%+31.9%
Q2 2020-10.5%-21.1%+321.1%
Q1 2020+13.3%-26.7%+46.7%
Q3 2019+7.3%-2.4%-4.9%
Q2 2019-2.2%-4.4%-6.7%
Q1 2019+4.0%+9.3%-10.7%
Q1 2015+3.4%
Q1 2014+0.0%
Q1 2013-1.9%
Q3 2012-9.8%
Q1 2010+1.8%
Q1 2012+1.8%
Q4 2011-3.0%
Q3 2011+4.8%
Q2 2010+3.4%
Q4 2010+1.4%
Q3 2010-1.0%

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