Edgewise Therapeutics Past Earnings Performance

Past criteria checks 0/6

Edgewise Therapeutics's earnings have been declining at an average annual rate of -46.1%, while the Pharmaceuticals industry saw earnings growing at 1% annually.

Key information

-46.1%

Earnings growth rate

102.7%

EPS growth rate

Pharmaceuticals Industry Growth	6.0%
Revenue growth rate	n/a
Return on equity	-31.4%
Net Margin	n/a
Last Earnings Update	31 Dec 2023

Recent past performance updates

No updates

Recent updates

Edgewise Therapeutics: Behind The Massive Rally

Feb 18

Companies Like Edgewise Therapeutics (NASDAQ:EWTX) Are In A Position To Invest In Growth

Dec 07

Edgewise Therapeutics (NASDAQ:EWTX) Is In A Good Position To Deliver On Growth Plans

Aug 16

Companies Like Edgewise Therapeutics (NASDAQ:EWTX) Are In A Position To Invest In Growth

Apr 28

We Think Edgewise Therapeutics (NASDAQ:EWTX) Can Afford To Drive Business Growth

Jan 13

Edgewise Therapeutics proposes $100M stock offering plan

Sep 13

Edgewise Therapeutics GAAP EPS of -$0.32 beats by $0.02

Aug 04

Companies Like Edgewise Therapeutics (NASDAQ:EWTX) Are In A Position To Invest In Growth

Aug 02

Revenue & Expenses Breakdown
Beta

How Edgewise Therapeutics makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:EWTX Revenue, expenses and earnings (USD Millions)
Date	Earnings	G+A Expenses	R&D Expenses
31 Dec 23	-100	23	91
30 Sep 23	-89	23	80
30 Jun 23	-81	21	70
31 Mar 23	-76	20	63
31 Dec 22	-68	18	54
30 Sep 22	-61	16	47
30 Jun 22	-56	15	42
31 Mar 22	-51	13	38
31 Dec 21	-43	11	32
30 Sep 21	-36	8	28
30 Jun 21	-27	6	22
31 Mar 21	-21	3	17
31 Dec 20	-17	2	15

Quality Earnings: EWTX is currently unprofitable.

Growing Profit Margin: EWTX is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: EWTX is unprofitable, and losses have increased over the past 5 years at a rate of 46.1% per year.

Accelerating Growth: Unable to compare EWTX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EWTX is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (-13.2%).

Return on Equity

High ROE: EWTX has a negative Return on Equity (-31.42%), as it is currently unprofitable.

Edgewise Therapeutics Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Recent updates

Edgewise Therapeutics, Inc., Annual General Meeting, Jun 07, 2024

Edgewise Therapeutics, Inc. Announces Positive Two-Year Topline Results from the Arch Open Label Trial of Sevasemten (EDG-5506) in Adults with Becker Muscular Dystrophy (Becker)

Price target increased by 16% to US$30.50

Edgewise Therapeutics: Behind The Massive Rally

Edgewise Therapeutics, Inc. Receives U.S. FDA Fast Track Designation for EDG-5506 for the Treatment of Duchenne Muscular Dystrophy (Duchenne)

General Counsel notifies of intention to sell stock

Chief Financial Officer notifies of intention to sell stock

New minor risk - Shareholder dilution

Edgewise Therapeutics, Inc. has filed a Follow-on Equity Offering in the amount of $240.000002 million.

General Counsel notifies of intention to sell stock

Co-Founder recently sold US$1.6m worth of stock

Co-Founder notifies of intention to sell stock

Companies Like Edgewise Therapeutics (NASDAQ:EWTX) Are In A Position To Invest In Growth

Edgewise Therapeutics, Inc. Receives Orphan Drug and Rare Pediatric Disease Designations for Its Muscular Dystrophy Program from FDA

New major risk - Revenue and earnings growth

Edgewise Therapeutics Announces Expansion of Their Edg-5506 Clinical Program in Duchenne Muscular Dystrophy (Duchenne)

Edgewise Therapeutics, Inc. Announces Initiation of GRAND CANYON, a Global Pivotal Study of EDG-5506 in Becker Muscular Dystrophy (Becker)

Edgewise Therapeutics, Inc. Begins Dosing First-In-Human Phase 1 Trial of EDG-7500

Edgewise Therapeutics (NASDAQ:EWTX) Is In A Good Position To Deliver On Growth Plans

Price target increased by 17% to US$27.40

Edgewise Therapeutics, Inc. Announces Positive 12-Month Topline Results from the ARCH Open Label Study of EDG-5506 in Adults with Becker Muscular Dystrophy (BMD)

New minor risk - Share price stability

Price target increased by 15% to US$27.40

Companies Like Edgewise Therapeutics (NASDAQ:EWTX) Are In A Position To Invest In Growth

Price target increased by 19% to US$28.75

We Think Edgewise Therapeutics (NASDAQ:EWTX) Can Afford To Drive Business Growth

Edgewise Therapeutics, Inc. Appoints Marc Semigran as Chief Development Officer

Edgewise Therapeutics Announces Initiation of Lynx Phase 2 Clinical Trial of Edg-5506 for the Treatment of Duchenne Muscular Dystrophy

Edgewise Therapeutics, Inc. Announces Positive 6-Month Interim Results from the ARCH Open Label Study of EDG-5506 in Adults with Becker Muscular Dystrophy

Edgewise Therapeutics proposes $100M stock offering plan

Edgewise Therapeutics Announces Positive 4-Month Interim Results from the ARCH Open Label Study of EDG-5506 in Adults with Becker Muscular Dystrophy (BMD)

General Counsel notifies of intention to sell stock

Edgewise Therapeutics, Inc. Announces FDA Authorization for Phase 2 Clinical Trial of EDG-5506 for the Treatment of Duchenne Muscular Dystrophy

General Counsel exercised options and sold US$74k worth of stock

Price target increased to US$30.00

Edgewise Therapeutics GAAP EPS of -$0.32 beats by $0.02

Companies Like Edgewise Therapeutics (NASDAQ:EWTX) Are In A Position To Invest In Growth

Edgewise Therapeutics Now Enrolling Canyon Phase 2 Clinical Trial of EDG-5506 in Individuals with Becker Muscular Dystrophy (BMD)

General Counsel exercised options and sold US$65k worth of stock

Edgewise Therapeutics, Inc.(NasdaqGS:EWTX) dropped from Russell 2000 Growth Index

Edgewise Therapeutics Inc. Announces Positive 2-Month Interim Results from the ARCH Open Label Study of EDG-5506 in Adults with Becker Muscular

General Counsel exercised options and sold US$226k worth of stock

Price target decreased to US$25.60

General Counsel notifies of intention to sell stock

Price target increased to US$31.00

Edgewise Therapeutics, Inc. Anticipates Initiation of Phase 2 Trials in Individuals with BMD (NCT05291091) in the Second Quarter of 2022 and BMD in the Second Half of 2022

High number of new directors

Edgewise Therapeutics, Inc. Announces the Initiation of an Edgewise-Funded Observational Trial in Individuals with BMD

We're Hopeful That Edgewise Therapeutics (NASDAQ:EWTX) Will Use Its Cash Wisely

Edgewise Therapeutics Announces Positive Topline Results From the EDG-5506 Phase 1b Clinical Trial in Adults With Becker Muscular Dystrophy (BMD)

High number of new directors

Edgewise Therapeutics to Report Phase 1b Topline Results of EDG-5506 in Individuals with Becker Muscular Dystrophy (BMD) on January 5, 2022, and Initiates ARCH Follow-On Open Label BMD Study

We're Hopeful That Edgewise Therapeutics (NASDAQ:EWTX) Will Use Its Cash Wisely

Co-Founder recently sold US$781k worth of stock

Co-Founder recently sold US$672k worth of stock

Co-Founder notifies of intention to sell stock

Edgewise Therapeutics, Inc. Announces Publication of Data Demonstrating the Elevation of Fast But Not Slow Skeletal Muscle Fiber Injury Biomarkers in the Circulation of Patients with Becker and Duchenne Muscular Dystrophy

Edgewise Therapeutics names new chief medical officer

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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Revenue & Expenses Breakdown
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