XNASCRGX
Market cap514mUSD
Jan 14, Last price
11.18USD
1D
-7.10%
1Q
-51.45%
IPO
-23.89%
Name
CARGO Therapeutics Inc
Chart & Performance
Profile
CARGO Therapeutics, Inc., a clinical-stage biotechnology company, develops chimeric antigen receptor (CAR) T-cell therapies for cancer patients. The company's lead program is CRG-022, an autologous CD22 CAR T-cell product candidate designed to address resistance mechanisms by targeting CD22, an alternate tumor antigen that is expressed in B-cell malignancies. It also develops CRG-023, a tri-specific CAR T product candidate that targets tumor cells with three B-cell antigen targets. The company was formerly known as Syncopation Life Sciences, Inc. and changed its name to CARGO Therapeutics, Inc. in September 2022. CARGO Therapeutics, Inc. was incorporated in 2019 and is headquartered in San Mateo, California.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY |
---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | |
Income | |||
Revenues | |||
Cost of revenue | 96,710 | 36,215 | |
Unusual Expense (Income) | |||
NOPBT | (96,710) | (36,215) | |
NOPBT Margin | |||
Operating Taxes | 4,920 | ||
Tax Rate | |||
NOPAT | (96,710) | (41,135) | |
Net income | (98,147) 139.67% | (40,951) 600.02% | |
Dividends | |||
Dividend yield | |||
Proceeds from repurchase of equity | 296,607 | 5,732 | |
BB yield | -31.09% | ||
Debt | |||
Debt current | 4,556 | 22,912 | |
Long-term debt | 54,804 | 3,190 | |
Deferred revenue | |||
Other long-term liabilities | 225 | 250 | |
Net debt | (346,939) | 24,230 | |
Cash flow | |||
Cash from operating activities | (81,164) | (29,072) | |
CAPEX | (8,277) | (3,282) | |
Cash from investing activities | (8,992) | (3,282) | |
Cash from financing activities | 494,583 | 34,185 | |
FCF | (147,076) | (26,819) | |
Balance | |||
Cash | 405,732 | 1,872 | |
Long term investments | 567 | ||
Excess cash | 406,299 | 1,872 | |
Stockholders' equity | 307,931 | (46,973) | |
Invested Capital | 128,499 | 35,991 | |
ROIC | |||
ROCE | 329.77% | ||
EV | |||
Common stock shares outstanding | 41,206 | 19,230 | |
Price | 23.15 | ||
Market cap | 953,909 | ||
EV | 1,060,006 | ||
EBITDA | (93,018) | (34,771) | |
EV/EBITDA | |||
Interest | 1,604 | 4,942 | |
Interest/NOPBT |