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XNASCRGX
Market cap514mUSD
Jan 14, Last price  
11.18USD
1D
-7.10%
1Q
-51.45%
IPO
-23.89%
Name

CARGO Therapeutics Inc

Chart & Performance

D1W1MN
XNAS:CRGX chart
P/E
P/S
EPS
Div Yield, %
0.00%
Shrs. gr., 5y
Rev. gr., 5y
%
Revenues
0k
Net income
-98m
L+139.67%
-5,850,000-40,951,000-98,147,000
CFO
-81m
L+179.18%
-4,942,000-29,072,000-81,164,000

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.
IPO date
Nov 10, 2023
Employees
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFY
2023‑122022‑122021‑12
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