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Sep 30, 2021

RAPT Q3 2021 Earnings Report

RAPT Therapeutics reported financial results for the third quarter of 2021.

Key Takeaways

RAPT Therapeutics reported a net loss of $18.7 million for the third quarter of 2021, compared to a net loss of $14.6 million for the third quarter of 2020. Research and development expenses were $15.7 million, and general and administrative expenses were $3.8 million.

Advanced development of RPT193 in atopic dermatitis and FLX475 in cancer.

Presented additional incremental data for RPT193 at dermatology meetings.

Well positioned to advance RPT193 into Phase 2 clinical trials in atopic dermatitis and asthma in 2022.

Focused development of FLX475 in key indications, including EBV+ lymphoma, nasopharyngeal cancer and head and neck cancer.

Total Revenue
$966K
Previous year: $1.53M
-36.8%
EPS
-$0.63
Previous year: -$0.6
+5.0%
Gross Profit
$966K
Cash and Equivalents
$60M
Previous year: $20.2M
+196.6%
Free Cash Flow
-$12.6M
Total Assets
$217M
Previous year: $129M
+68.6%

RAPT

RAPT