OTC$LIANY

Lianbio-Adr · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

LianBio-Adr's financial performance was reported for Q2 2022 and a corporate update was provided.

LianBio reported a net loss of $42.4 million for the second quarter of 2022, with research and development expenses at $28.6 million and general and administrative expenses at $14.6 million. The company's cash balance at the end of the quarter was $349.4 million, expected to fund operations into the second half of 2024. Key milestones included completing enrollment in the China Phase 3 trial of mavacamten and submitting NDAs for mavacamten in Singapore and infigratinib in Hong Kong.

  • Completed enrollment in China Phase 3 trial of mavacamten with topline data expected mid-2023.
  • Submitted mavacamten New Drug Application (NDA) in Singapore.
  • Submitted infigratinib NDA in Hong Kong.
  • Cash balance of $349.4 million at the end of second quarter 2022 with runway into the second half of 2024.

Headline financials

EPS (adj)

-$0.39

Previous: -$7.40+94.7%
Capital Expenditures

$329K

Previous: $38K+765.8%
Free Cash Flow

-$39.7M

Previous: -$92.9M+57.2%
Net Income

-$42.4M

Previous: -$100M+57.8%
Operating Income

-$43.1M

Previous: -$99.5M+56.6%
Cash & Equivalents

$134M

Previous: $143M-5.8%
Total Assets

$372M

No prior period
Stock-Based Comp

$4.53M

Previous: $1.44M+213.8%

Revenue & EPS history

Lianbio-Adr · Revenue · Quarterly

$0

Q4 2024
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Forward guidance

LianBio anticipates several key milestones in 2022 and 2023, focusing on advancing its clinical programs and preparing for potential commercialization.

Tailwinds

  • Topline data from the Phase 3 EXPLORER-CN trial of mavacamten is expected in mid-2023.
  • A Phase 3 study in Chinese patients with Demodex blepharitis for TP-03 is expected to begin in the second half of 2022.
  • Dosing patients in Nanobiotix’s global Phase 3 NANORAY-312 clinical trial of NBTXR3 is expected to begin in the second half of 2022.
  • A Phase 1 monotherapy clinical trial of BBP-398 in advanced solid tumors is expected to begin in the fourth quarter of 2022.
  • A Phase 1 clinical trial of BBP-398 in combination with an EGFR-inhibitor in non-small cell lung cancer is expected to begin in the first half of 2023.

Historical earnings impact

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

Avg. return before/after earnings

Based on 12 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+8.4%

Avg return

Earnings day

+8.4%

Avg return

5 days after

-3.1%

Avg return

30 days after

77%

10 / 13 earnings

Positive

+17.7%

Q4 2020

Best reaction

-4.1%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2024-2.2%-6.7%-7.4%
Q3 2023+0.7%+1.5%+4.2%
Q2 2023+2.7%+0.0%-9.7%
Q1 2023-4.1%+4.6%+17.7%
Q4 2022-1.2%+17.4%+18.0%
Q3 2022+17.5%+38.9%+7.1%
Q2 2022+11.1%-1.5%-3.0%
Q1 2022+9.3%+29.8%+28.4%
Q4 2021+3.9%+26.1%+7.3%
Q2 2021+17.7%+0.4%-17.3%
Q3 2021+17.7%+0.4%-17.3%
Q4 2020+17.7%+0.4%-17.3%
Q1 2021+17.7%-2.4%-50.4%
Q3 2020

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