IMMATICS N.V.
expenses (17,485) (10,233) (46,236) (27,964)
General and administrative
expenses (9,215) (2,769) (25,488) (7,147)
Other income 32 190 232 315
---------- -------------------- ---------- ---------------
Operating result (18,797) (7,756) (49,685) (20,731)
Financial income 1,188 2,844 1,943 3,339
Financial expenses (6,717) (61) (6,499) (158)
Share listing
expense (152,787) - (152,787) -
Financial result (158,316) 2,783 (157,343) (3,181)
---------- -------------------- ---------- ---------------
Loss before taxes (177,113) (4,973) (207,028) (17,550)
Taxes on income - - - - -
---------- -------------------- ---------- ---------------
Net loss (177,113) (4,973) (207,028) (17,550)
Attributable to:
Equity holders
of the parent (177,113) (4,711) (206,471) (16,859)
Non-controlling
interest - (262) (557) (691)
Net loss (177,113) (4,973) (207,028) (17,550)
Net loss per share--basic
and diluted (2.82) (0.14) (4.80) (0.51) )
---------- -------------------- ---------- ---------------
Weighted average
shares outstanding--basic
and diluted 62,908,617 33,093,838 43,032,098 33,093,838
---------- -------------------- ---------- ---------------
Immatics N.V. and subsidiaries
Unaudited Condensed Consolidated Statement of Comprehensive Loss of
Immatics N.V.
Three months ended September Nine months ended September
30, 30,
------------------------------ -----------------------------
2020 2019 2020 2019
------------ ---------------- ----------------- ----------
(Euros in thousands) (Euros in thousands)
------------------------------ -----------------------------
Net Loss (177,113) (4,973) (207,028) (17,550)
------------ ---------------- ----------------- ----------
Other comprehensive
loss
Items that may be reclassified
subsequently to profit
or loss, net of tax - - - -
Currency translation
differences from foreign
operations (3,487) (727) (3,387) (735)
------------ ---------------- ----------------- ----------
Total comprehensive
loss for the period (180,600) (5,700) (210,415) (18,285)
Attributable to:
Equity holders of the
parent (180,600) (5,438) (209,858) (17,594)
Non-controlling interest - (262) (557) (691)
--------------------------------- ------------ ---------------- ----------------- ----------
Total comprehensive
loss for the period (180,600) (5,700) (210,415) (18,285)
------------ ---------------- ----------------- ----------
Immatics N.V. and subsidiaries
Unaudited Condensed Consolidated Statement of Cash Flows of Immatics
N.V.
Nine months ended September
30,
-----------------------------
2020 2019
------------- --------------
(Euros in thousands)
-----------------------------
Cash flows from operating activities
Loss before taxation (207,028) (17,550)
------------- --------------
Adjustments for:
Interest income (1,072) (439)
Depreciation and amortization 3,466 2,795
Interest expense 188 138
Share listing expense 152,787 -
Equity settled share-based payment 15,031 116
MD Anderson compensation expense 45 503
(Decrease) Increase in other liabilities
resulting from share appreciation rights (1,893) 151
Payment related to share-based compensation
awards previously classified as equity-settled (4,322) -
Changes in working capital
Decrease (increase) in accounts receivable 328 (720)
(Increase) decrease in other assets (2,211) 432
(Increase) decrease in accounts payable
and other current liabilities (16,026) 56,739
Interest received 1,030 341
Interest paid (188) (138)
Net cash provided by/(used in) operating
activities (59,865) 42,368
------------- --------------
Cash flows from investing activities
Payments for property, plant and equipment (5,864) (1,403)
Cash paid for investments classified
in Other financial assets (58,482) (4,450)
Cash received from maturity of investments
classified in Other financial assets 48,881 17,551
Payments for intangible assets (86) (60)
Proceeds from disposal of property,
plant and equipment - 97
Net cash provided by/(used in) investing
activities (15,551) 11,735
------------- --------------
Cash flows from financing activities
Proceeds from issuance of shares to
equity holders of the parent 209,369 -
Payments for leases (1,633) (1,395)
Net cash provided by/(used in) financing
activities 207,736 (1,395)
------------- --------------
Net increase in cash and cash equivalents 132,320 52,708
============= ==============
Cash and cash equivalents at beginning
of period 103,353 39,367
============= ==============
Effects of exchange rate changes on
cash and cash equivalents (1,997) 16
Cash and cash equivalents at end of
period 233,676 92,091
------------- --------------
Immatics N.V. and subsidiaries
Unaudited Condensed Consolidated Statement of Changes in Shareholders'
equity (deficit) of Immatics N.V.
Total equity
attributable Total
to shareholders share-holders'
Share Share Accumulated Other of the Non-controlling equity
(Euros in thousands) capital premium deficit reserves parent interest (deficit)
------------------------------ -------- -------- -------------- --------- ---------------- --------------- ---------------
Balance as of January
1, 2019 1,164 190,793 (201,623) (741) (10,407) 1,236 (9,171)
-------- -------- -------------- --------- ---------------- --------------- ---------------
Other comprehensive
loss - - - (735) (735) - (735) (MORE TO FOLLOW) Dow Jones Newswires
December 02, 2020 07:00 ET (12:00 GMT)
