Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 34.17M | 38.91M | 26.00M | 110.78M | 85.08M | 16.60M |
Gross Profit | 33.98M | 38.91M | 24.45M | 108.74M | 85.08M | 16.60M |
EBITDA | -40.08M | -77.14M | -235.06M | 39.84M | -5.16M | -65.59M |
Net Income | -38.31M | -77.42M | -219.71M | 35.38M | -25.69M | -68.88M |
Balance Sheet | ||||||
Total Assets | 409.13M | 435.02M | 305.05M | 165.89M | 159.88M | 165.44M |
Cash, Cash Equivalents and Short-Term Investments | 180.43M | 212.61M | 76.91M | 134.60M | 128.06M | 138.69M |
Total Debt | 14.07M | 13.98M | 10.96M | 37.92M | 35.28M | 35.35M |
Total Liabilities | 430.92M | 441.82M | 745.23M | 72.06M | 137.36M | 183.44M |
Stockholders Equity | -21.79M | -6.80M | -440.18M | 93.83M | 22.52M | -18.01M |
Cash Flow | ||||||
Free Cash Flow | -40.43M | -32.77M | -51.37M | -32.83M | -61.47M | 34.07M |
Operating Cash Flow | -30.86M | -23.67M | -51.16M | -31.63M | -60.38M | 34.88M |
Investing Cash Flow | -9.21M | -8.74M | 34.61M | -15.00M | -17.14M | -741.00K |
Financing Cash Flow | 117.37M | 168.43M | -13.14M | 39.22M | 52.90M | 14.43M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
53 Neutral | $352.30M | ― | -27.40% | ― | 15.40% | 35.42% | |
52 Neutral | $295.10M | ― | -938.38% | ― | 38.82% | -645.78% | |
52 Neutral | $1.01B | ― | -34.26% | ― | 271.44% | 26.65% | |
51 Neutral | $7.50B | 0.32 | -61.87% | 2.27% | 17.10% | 1.59% | |
51 Neutral | $469.94M | ― | -79.51% | ― | -100.00% | 10.73% | |
43 Neutral | $400.55M | ― | -56.24% | ― | ― | 9.22% | |
41 Neutral | $472.12M | ― | -39.06% | ― | ― | -48.01% |
On June 13, 2025, Cartesian Therapeutics, Inc. held its Annual Meeting of Stockholders, where 21,868,804 shares were represented, accounting for approximately 84.31% of the company’s outstanding stock. During the meeting, three Class III Directors were elected to serve until the 2028 Annual Meeting, the compensation of the company’s named executive officers was approved on a non-binding basis, and Ernst & Young LLP was ratified as the independent registered public accounting firm for the year ending December 31, 2025.
The most recent analyst rating on (RNAC) stock is a Buy with a $43.00 price target. To see the full list of analyst forecasts on Cartesian Therapeutics stock, see the RNAC Stock Forecast page.
On April 29, 2025, Cartesian Therapeutics, Inc. announced that its Chief Technology Officer, Metin Kurtoglu, will end his employment with the company on May 1, 2025. Following this, he will transition to a consulting role from May 1, 2025, to April 30, 2026. The agreements include a separation deal where Dr. Kurtoglu will release any claims against the company in exchange for severance benefits, including 12 months’ salary, a pro-rated bonus, and accelerated vesting of equity awards.
On April 8, 2025, Cartesian Therapeutics announced 12-month efficacy and safety data from its Phase 2b trial of Descartes-08 for generalized myasthenia gravis (MG). The trial demonstrated sustained symptom improvement and a favorable safety profile, supporting outpatient administration. Notably, participants without prior biologic therapies showed the most compelling responses, with significant reductions in MG-ADL scores. The results reinforce Descartes-08’s potential to transform MG treatment, and the company plans to commence a Phase 3 trial in the second quarter of 2025.