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Mar 31, 2022

Voyager Therapeutics Q1 2022 Earnings Report

Voyager Therapeutics reported financial results for Q1 2022 and provided a business update.

Key Takeaways

Voyager Therapeutics reported a net loss of $21.3 million for the first quarter of 2022, with collaboration revenue of $0.7 million. The company's cash, cash equivalents, and marketable debt securities totaled $166.8 million as of March 31, 2022, expected to fund operations into 2024. Voyager continued to advance its TRACER capsid discovery platform and pipeline programs, including a license option agreement with Novartis.

Executed license option agreement with Novartis for target-specific access to next-generation TRACER AAV capsids

Alfred W. Sandrock, Jr., M.D., Ph.D. appointed as Chief Executive Officer and Board Member

Cash runway into 2024

Voyager to present new data at the American Society for Gene and Cell Therapy (ASGCT) Annual Meeting

Total Revenue
$658K
Previous year: $6.5M
-89.9%
EPS
-$0.56
Previous year: -$0.58
-3.4%
Gross Profit
-$2.15M
Previous year: -$15.8M
-86.4%
Cash and Equivalents
$167M
Previous year: $118M
+41.6%
Free Cash Flow
$34.4M
Previous year: -$21.7M
-258.7%
Total Assets
$224M
Previous year: $238M
-5.7%

Voyager Therapeutics

Voyager Therapeutics

Voyager Therapeutics Revenue by Segment

Forward Guidance

Voyager expects that its cash, cash equivalents, and marketable debt securities will be sufficient to meet Voyager’s planned operating expenses and capital expenditure requirements into 2024.