This study describes the structure and the results of the SIGTYP 2022 shared task on the prediction of cognate reflexes from multilingual wordlists. We asked participants to submit systems that would predict words in individual languages with the help of cognate words from related languages. Training and surprise data were based on standardized multilingual wordlists from several language families. Four teams submitted a total of eight systems, including both neural and non-neural systems, as well as systems adjusted to the task and systems using more general settings. While all systems showed a rather promising performance, reflecting the overwhelming regularity of sound change, the best performance throughout was achieved by a system based on convolutional networks originally designed for image restoration.