Financial Snapshot

Revenue
$33.67M
TTM
Gross Margin
Net Earnings
-$105.5M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
631.11%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$242.7M
Q3 2024
Cash
Q3 2024
P/E
-2.616
Nov 29, 2024 EST
Free Cash Flow
-$71.58M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $20.76M $31.10M $45.79M $33.20M $21.38M $19.36M
YoY Change -33.25% -32.08% 37.91% 55.29% 10.43%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $20.76M $31.10M $45.79M $33.20M $21.38M $19.36M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $42.08M $42.79M $33.25M $15.20M $8.730M $7.130M
YoY Change -1.65% 28.67% 118.78% 74.11% 22.44%
% of Gross Profit
Research & Development $117.7M $117.8M $94.67M $78.44M $48.06M $27.39M
YoY Change -0.11% 24.48% 20.68% 63.22% 75.46%
% of Gross Profit
Depreciation & Amortization $1.578M $1.676M $1.492M $1.617M $1.595M $1.270M
YoY Change -5.85% 12.33% -7.73% 1.38% 25.59%
% of Gross Profit
Operating Expenses $159.8M $160.6M $127.9M $93.64M $56.83M $35.75M
YoY Change -0.52% 25.57% 36.6% 64.77% 58.97%
Operating Profit -$139.0M -$129.5M -$82.13M -$60.45M -$35.45M
YoY Change 7.33% 57.71% 35.87% 70.51%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $8.439M $1.359M -$1.758M -$6.510M $1.830M $690.0K
YoY Change 520.97% -177.3% -73.0% -455.74% 165.22%
% of Operating Profit
Other Income/Expense, Net $7.818M $1.359M -$1.758M -$6.512M $2.157M -$10.00K
YoY Change 475.28% -177.3% -73.0% -401.9% -21670.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$131.2M -$128.2M -$83.89M -$66.96M -$33.30M -$15.71M
YoY Change 2.37% 52.79% 25.28% 101.11% 111.94%
Income Tax $1.280M $0.00 $0.00 -$626.0K $804.0K $0.00
% Of Pretax Income
Net Earnings -$132.5M -$128.2M -$83.89M -$66.34M -$34.10M -$15.71M
YoY Change 3.37% 52.79% 26.47% 94.54% 117.05%
Net Earnings / Revenue -638.34% -412.19% -183.23% -199.8% -159.49% -81.15%
Basic Earnings Per Share -$2.67 -$2.62 -$1.82 -$5.83 -$31.03
Diluted Earnings Per Share -$2.67 -$2.62 -$1.822M -$1.541M -$820.7K -$378.1K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $253.7M $276.2M $309.3M $371.7M $90.50M $36.30M
YoY Change -8.14% -10.71% -16.79% 310.72% 149.31%
Cash & Equivalents $126.6M $29.75M $76.12M $181.7M $90.50M $36.30M
Short-Term Investments $127.1M $246.4M $233.2M $190.0M
Other Short-Term Assets $5.709M $9.931M $10.69M $4.800M $1.600M $800.0K
YoY Change -42.51% -7.13% 122.79% 200.0% 100.0%
Inventory
Prepaid Expenses
Receivables $11.80M $1.473M $5.716M $4.500M $4.600M $86.40M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $271.2M $287.6M $325.7M $381.0M $96.80M $123.5M
YoY Change -5.69% -11.71% -14.52% 293.6% -21.62%
Property, Plant & Equipment $71.09M $77.52M $35.05M $16.60M $18.90M $20.40M
YoY Change -8.29% 121.14% 111.16% -12.17% -7.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $28.01M $60.96M $142.2M
YoY Change -54.06% -57.13%
Other Assets $6.166M $4.805M $3.823M $2.600M $2.600M $2.600M
YoY Change 28.32% 25.69% 47.04% 0.0% 0.0%
Total Long-Term Assets $105.3M $143.3M $181.1M $19.10M $21.50M $23.00M
YoY Change -26.54% -20.87% 848.04% -11.16% -6.52%
Total Assets $376.5M $430.8M $506.8M $400.1M $118.3M $146.5M
YoY Change
Accounts Payable $1.446M $1.172M $4.506M $5.700M $5.400M $1.200M
YoY Change 23.38% -73.99% -20.95% 5.56% 350.0%
Accrued Expenses $23.81M $22.42M $14.53M $10.10M $7.300M $3.300M
YoY Change 6.2% 54.31% 43.83% 38.36% 121.21%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $2.287M
YoY Change -100.0%
Total Short-Term Liabilities $42.77M $44.55M $51.25M $43.90M $33.60M $23.90M
YoY Change -4.0% -13.07% 16.73% 30.65% 40.59%
Long-Term Debt $0.00 $9.195M $10.77M $10.10M $0.00 $0.00
YoY Change -100.0% -14.61% 6.61%
Other Long-Term Liabilities $87.57M $87.87M $55.15M $65.40M $85.60M $91.30M
YoY Change -0.33% 59.33% -15.68% -23.6% -6.24%
Total Long-Term Liabilities $87.57M $97.06M $65.91M $75.50M $85.60M $91.30M
YoY Change -9.78% 47.25% -12.7% -11.8% -6.24%
Total Liabilities $130.3M $141.6M $117.2M $119.3M $119.2M $115.2M
YoY Change -7.96% 20.87% -1.79% 0.08% 3.47%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 49.64M shares 48.86M shares 46.04M shares
Diluted Shares Outstanding 49.64M shares 48.86M shares 46.04M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $276 Million

About C4 Therapeutics, Inc.

C4 Therapeutics, Inc. engages in the development of targeted protein degradation science to develop a new generation of small molecule medicines used for treating diseases. The company is headquartered in Watertown, Massachusetts and currently employs 145 full-time employees. The company went IPO on 2020-10-02. The company is focused on advancing targeted protein degradation science to create a new generation of small-molecule medicines that transform patients’ lives. By leveraging its proprietary Target ORiented ProtEin Degrader Optimizer (TORPEDO) platform, to design and optimize small molecule protein degraders that are active against their desired targets by harnessing the body’s natural process for destroying unwanted proteins. Its TORPEDO platform has the capability to design two types of protein degraders and both degrader approaches are reflected in its clinical pipeline. Its product candidate, CFT7455, is an orally bioavailable MonoDAC degrader of protein targets called IKZF1 and IKZF3, which are in clinical development for multiple myeloma and non-Hodgkin lymphoma. Its CFT1946 is an orally bioavailable BiDAC degrader designed to be potent and selective against BRAF V600X mutant proteins. The company is also developing CFT8919.

Industry: Biological Products, (No Diagnostic Substances) Peers: ADMA BIOLOGICS, INC. Aura Biosciences, Inc. Organogenesis Holdings Inc. bluebird bio, Inc. INOVIO PHARMACEUTICALS, INC. PRECIGEN, INC. LEXICON PHARMACEUTICALS, INC. Protagonist Therapeutics, Inc Rallybio Corp