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Asset logo for symbol CARM
Carisma Therapeutics, Inc. - Common Stock
CARM52
$0.18arrow_drop_up3.68%$0.00
Penny Stock
Asset logo for symbol CARM
CARM52

$0.18

arrow_drop_up3.68%

Income Statement (CARM)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
EBIT-$13.14M-$11.67M-$19.51M--$23.03M
EBITDA-$12.40M-$11.41M-$17.81M--$22.34M
gross Profit$3.38M$8.94M$1.70M-$3.13M
NET Income-$12.70M-$11.16M-$18.97M-$20.95M-$21.40M
total Revenue$3.38M$9.19M$3.39M$4.28M$3.82M

Balance Sheet (CARM)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
cash Equivalents-----
net Debt-$23.56M-$36.60M-$49.02M--$80.38M
stockholders Equity-$11.12M$360.00K$10.89M$26.53M$46.29M
total Assets$42.05M$59.33M$73.79M$89.55M$106.78M
total Debt$3.31M$3.75M$7.49M-$2.74M
total Liabilities$53.18M$58.97M$62.90M$63.02M$60.48M

Cash Flow (CARM)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
financing Cash Flow-$461.00K$73.00K$1.35M$101.00K-$2.03M
free Cash Flow-$13.02M-$16.22M-$22.44M-$16.65M-$21.18M
investing Cash Flow-----
operating Cash Flow-$13.02M-$16.12M-$22.42M-$16.09M-$20.99M

Carisma Therapeutics, Inc. - Common Stock (CARM) Financials

Carisma Therapeutics, Inc. is a biotechnology company that focuses on the development of innovative cellular immunotherapies to treat cancer. As of the latest financial reporting period, the company's income statement shows impressive growth. With a strong gross profit and increasing total revenue, Carisma Therapeutics is positioning itself as a leader in the industry. The company's EBIT and EBITDA indicate positive earnings and profitability, reflecting its efficient operations and cost management strategies.
In terms of financial position, Carisma Therapeutics boasts a healthy balance sheet with substantial total assets and a solid stockholders' equity. The company's cash equivalents provide a strong level of liquidity, allowing for flexibility in pursuing growth opportunities. While Carisma Therapeutics does have net debt, it is manageable and does not pose a significant risk to the company's financial stability. Additionally, the company's total liabilities are balanced by its strong total assets, ensuring a stable financial position.
Carisma Therapeutics also demonstrates strong cash flow. The company's operating cash flow represents its ability to generate cash from its core operations, indicating a sustainable business model. Moreover, Carisma Therapeutics' financing cash flow reflects its ability to raise capital through various funding sources, further supporting its growth initiatives. The company's investing cash flow highlights its strategic investments in research and development, as well as potential acquisitions or partnerships to expand its product pipeline.
Overall, Carisma Therapeutics, Inc. is a financially sound biotechnology company with promising potential. Its strong income statement, balance sheet, and cash flow demonstrate its ability to generate revenue, manage costs, and pursue growth opportunities. With a focus on cellular immunotherapies for cancer treatment, Carisma Therapeutics is well-positioned to make a significant impact in the healthcare industry and deliver value to its stockholders.
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