Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$143.5M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
2446.04%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$627.9M
Q3 2024
Cash
Q3 2024
P/E
-5.257
Nov 29, 2024 EST
Free Cash Flow
-$126.8M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $0.00 $0.00 $18.94M $0.00 $0.00 $0.00
YoY Change -100.0%

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 $0.00 $0.00 $18.94M $0.00 $0.00 $0.00
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 $42.49M $38.19M $29.15M $17.12M $5.480M $5.000M
YoY Change 11.27% 31.03% 70.25% 212.41% 9.6%
% of Gross Profit
Research & Development $148.2M $91.95M $57.75M $43.21M $16.79M $9.580M
YoY Change 61.13% 59.21% 33.65% 157.36% 75.26%
% of Gross Profit
Depreciation & Amortization $310.0K $93.00K $53.00K $62.00K $70.00K $40.00K
YoY Change 233.33% 75.47% -14.52% -11.43% 75.0%
% of Gross Profit
Operating Expenses $190.6M $132.1M $86.90M $60.34M $22.27M $14.59M
YoY Change 44.28% 52.06% 44.02% 170.93% 52.64%
Operating Profit -$191.1M $144.6M -$67.95M -$60.34M
YoY Change -232.11% -312.86% 12.63%

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 $21.63M $6.611M $477.0K $890.0K $620.0K $400.0K
YoY Change 227.14% 1285.95% -46.4% 43.55% 55.0%
% of Operating Profit 4.57%
Other Income/Expense, Net $239.0K $57.00K -$8.000K -$11.00K $0.00 $0.00
YoY Change 319.3% -812.5% -27.27%

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 -$169.2M $151.3M -$67.49M -$59.46M -$21.65M -$14.19M
YoY Change -211.83% -324.22% 13.5% 174.64% 52.57%
Income Tax -$14.12M $42.12M $0.00
% Of Pretax Income 27.84%
Net Earnings -$153.2M $111.2M -$65.57M -$51.80M -$20.66M -$14.19M
YoY Change -237.72% -269.61% 26.59% 150.72% 45.6%
Net Earnings / Revenue -346.14%
Basic Earnings Per Share -$3.69 $2.46 -$1.52
Diluted Earnings Per Share -$3.69 $2.38 -$1.522M -$1.251M -$499.0K -$342.8K

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 $467.1M $467.3M $290.5M $210.2M $98.60M $33.80M
YoY Change -0.05% 60.88% 38.19% 113.18% 191.72%
Cash & Equivalents $98.43M $156.2M $59.77M $168.2M $63.30M $33.80M
Short-Term Investments $368.6M $311.1M $230.7M $42.00M $35.40M $0.00
Other Short-Term Assets $13.12M $7.180M $6.098M $2.100M $1.500M $400.0K
YoY Change 82.79% 17.74% 190.38% 40.0% 275.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $480.2M $474.5M $296.6M $212.3M $100.1M $34.20M
YoY Change 1.21% 59.99% 39.69% 112.09% 192.69%
Property, Plant & Equipment $3.532M $5.304M $77.00K $100.0K $200.0K $200.0K
YoY Change -33.41% 6788.31% -23.0% -50.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $80.88M $140.4M
YoY Change -100.0% -42.39%
Other Assets $459.0K $459.0K $147.0K $2.300M $200.0K $200.0K
YoY Change 0.0% 212.24% -93.61% 1050.0% 0.0%
Total Long-Term Assets $3.991M $86.65M $140.6M $2.400M $400.0K $400.0K
YoY Change -95.39% -38.38% 5759.21% 500.0% 0.0%
Total Assets $484.2M $561.1M $437.2M $214.7M $100.5M $34.60M
YoY Change
Accounts Payable $2.493M $2.660M $3.169M $9.700M $900.0K $300.0K
YoY Change -6.28% -16.06% -67.33% 977.78% 200.0%
Accrued Expenses $25.64M $15.38M $8.577M $4.600M $1.600M $1.000M
YoY Change 66.76% 79.29% 86.46% 187.5% 60.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $178.0K $0.00 $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $28.14M $22.50M $11.75M $14.30M $2.500M $1.300M
YoY Change 25.06% 91.54% -17.86% 472.0% 92.31%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.150M $3.590M $65.00K $100.0K $100.0K $100.0K
YoY Change -40.11% 5423.08% -35.0% 0.0% 0.0%
Total Long-Term Liabilities $2.150M $3.590M $65.00K $100.0K $100.0K $100.0K
YoY Change -40.11% 5423.08% -35.0% 0.0% 0.0%
Total Liabilities $30.48M $26.09M $12.21M $15.70M $3.500M $1.400M
YoY Change 16.83% 113.59% -22.2% 348.57% 150.0%

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 41.55M 45.16M 43.08M
Diluted Shares Outstanding 41.55M 46.64M 43.08M
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: $754.63 Million

About Cullinan Therapeutics, Inc.

Cullinan Oncology, Inc. is a biopharmaceutical company engaged in developing oncology and immuno-oncology therapies. The company is headquartered in Cambridge, Massachusetts and currently employs 85 full-time employees. The company went IPO on 2021-01-08. The company has a portfolio of clinical-stage assets that inhibit key drivers of disease or harness the immune system to eliminate diseased cells in both oncology and autoimmune diseases. Its pipeline includes CLN-619, CLN-978, Zipalertinib (CLN-081/TAS6417), CLN-049, CLN-418, and CLN-617. Its lead unpartnered program, CLN-619, is a humanized lgG1 monoclonal antibody (mAb) that binds to the stress induced ligands MICA and MICB (MICA/B), which are expressed on a variety of solid tumors and hematologic malignancies. CLN-978 is a novel, highly potent, half-life extended CD19xCD3 bispecific T cell engager construct. CLN-081/TAS6417 is a novel, orally available, covalent inhibitor of mutant epidermal growth factor receptor (EGFR). CLN-049 is a FLT3xCD3 T cell engaging bispecific antibody. CLN-418 is a B7H4 x 4-1BB bispecific immune activator.

Industry: Biological Products, (No Diagnostic Substances) Peers: Adicet Bio, Inc. AGENUS INC Altimmune, Inc. Century Therapeutics, Inc. Inhibrx, Inc. Kezar Life Sciences, Inc. Nurix Therapeutics, Inc. Vanda Pharmaceuticals Inc. Vera Therapeutics, Inc.