Jun 30, 2022

Intra-Cellular Q2 2022 Earnings Report

Intra-Cellular Therapies reported financial results for Q2 2022, highlighted by a significant increase in CAPLYTA revenue and advancements in development programs.

Key Takeaways

Intra-Cellular Therapies reported a total revenue of $55.6 million for the second quarter of 2022, a 178% increase compared to the same period in 2021. CAPLYTA net product revenues were $55.1 million, representing a 190% increase year-over-year. The company's net loss for the quarter was $86.6 million.

Total revenues for Q2 2022 were $55.6 million, compared to $20.0 million for Q2 2021, a 178% increase.

CAPLYTA net product revenues for Q2 2022 were $55.1 million, a 190% increase over Q2 2021.

CAPLYTA new and total prescriptions increased 225% and 191%, respectively, versus the same period in 2021.

Cash, cash equivalents, restricted cash and investment securities totaled $679.2 million at June 30, 2022.

Total Revenue
$55.6M
Previous year: $20M
+177.2%
EPS
-$0.92
Previous year: -$0.85
+8.2%
Gross Profit
$50.4M
Previous year: $17M
+197.2%
Cash and Equivalents
$77.2M
Previous year: $121M
-36.2%
Free Cash Flow
-$94.9M
Previous year: -$59.3M
+60.0%
Total Assets
$812M
Previous year: $626M
+29.8%

Intra-Cellular

Intra-Cellular

Forward Guidance

The company expects to continue to deliver strong revenue growth throughout 2022 and looks forward to advancing their development programs.