NYSE$MTNB

Matinas BioPharma Holdings Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Matinas BioPharma reported financial results for the fourth quarter and full year ended December 31, 2021.

Matinas BioPharma reported a net loss attributable to common shareholders of $6.7 million, or a net loss of $0.03 per share for the fourth quarter of 2021. The company's cash, cash equivalents and marketable securities were approximately $49.6 million at the end of the year, which is expected to fund planned operations through 2023.

  • Fifteen patients enrolled to date in Cohort 4 of EnACT with topline interim data expected in Q3 2022.
  • Potential pathway to NDA submission for MAT2203 with confirmatory data to come from Cohort 5 of EnACT Trial.
  • Second in vivo study of Oral LNC-remdesivir to commence in March 2022.
  • Moving aggressively into Nucleic Acids with Internal Discovery Programs Initiated with mRNA, DNA and Antisense Oligonucleotides (ASOs).

Headline financials

Total Revenue

$0.00

Previous: $62.5K-100.0%
EPS (adj)

-$1.50

Previous: -$1.50+0.0%
Capital Expenditures

$36.2K

No prior period
Free Cash Flow

-$3.99M

No prior period
Net Income

-$6.7M

Previous: -$6.6M-1.5%
Operating Income

-$6.71M

No prior period
Cash & Equivalents

$49.6M

Previous: $58.7M-15.5%
Total Assets

$61.3M

No prior period
Stock-Based Comp

$1.07M

No prior period

Revenue & EPS history

Matinas BioPharma · Revenue · Quarterly

$0

Q4 2021-100%vs Q4 2020
Beat estimate in 3 of 5 quarters(60%)
ActualEstimate

Forward guidance

Based on current projections, the Company believes that cash on hand is sufficient to fund planned operations through 2023.

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

-2.1%

Avg return

Earnings day

-2.9%

Avg return

5 days after

-1.9%

Avg return

30 days after

37%

14 / 38 earnings

Positive

+43.0%

Q2 2025

Best reaction

-41.3%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025+2.6%+4.3%-32.2%
Q2 2025+43.0%+5.5%+10.9%
Q2 2024-1.3%+9.0%+17.3%
Q1 2025+6.3%+2.5%+15.0%
Q4 2025-6.0%-7.5%+21.2%
Q3 2024-15.0%-18.1%-23.9%
Q1 2024-1.1%-1.1%-10.7%
Q4 2023-5.2%+29.4%-37.4%
Q3 2023-24.3%-31.9%-21.9%
Q2 2023-41.3%-50.0%-50.9%
Q1 2023-12.5%-15.5%-26.0%
Q4 2022+2.1%-11.1%-2.2%
Q3 2022-3.3%-5.0%-15.2%
Q2 2022-4.7%-8.4%-12.9%
Q1 2022+6.7%+6.5%+32.0%
Q4 2021+12.9%+6.9%+40.0%
Q3 2021-6.8%-2.8%+3.7%
Q2 2021-2.5%-5.7%+2.7%
Q1 2021+2.6%-3.8%+7.1%
Q4 2020-2.7%-1.8%-98.3%
Q3 2020-2.6%-3.6%+29.0%
Q2 2020-3.8%-7.2%-22.0%
Q1 2020+8.9%+11.7%+29.7%
Q4 2019-14.6%-34.0%-49.1%
Q3 2019-4.8%+31.2%+96.8%
Q2 2019+6.2%+6.7%+2.1%
Q1 2019+1.8%+10.0%-7.8%
Q4 2018-0.9%-1.8%-7.2%
Q3 2018-25.2%-29.8%-28.8%
Q2 2018-1.4%+5.0%+26.1%
Q1 2018-1.0%+0.6%+8.6%
Q4 2017-5.5%-12.8%-38.8%
Q3 2017+2.6%+4.4%+24.6%
Q2 2017+14.4%+5.6%+9.6%
Q1 2017+2.9%+7.6%-7.3%
Q3 2016-6.3%-4.0%-20.0%
Q2 2016+3.2%+1.5%+64.7%
Q1 2016
Q3 2015
Q3 2014-3.3%
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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