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Asset logo for symbol FATE
Fate Therapeutics
FATE56
$1.27arrow_drop_up1.60%$0.02
Penny Stock
Asset logo for symbol FATE
FATE56

$1.27

arrow_drop_up1.60%

Income Statement (FATE)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
EBIT--$45.08M-$51.06M-$44.12M-$56.01M
EBITDA-$52.37M-$40.36M-$46.24M-$39.23M-$51.27M
gross Profit$3.07M-$27.83M-$2.89M-$3.20M-$2.79M
NET Income-$47.67M-$38.42M-$48.00M-$44.12M-$45.17M
total Revenue$3.07M$6.77M$1.92M$1.67M$1.94M

Balance Sheet (FATE)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
cash Equivalents-----
net Debt$61.06M$63.64M-$19.25M$61.66M$71.62M
stockholders Equity$362.32M$396.98M$426.11M$368.41M$402.77M
total Assets$494.97M$528.81M$569.89M$506.21M$543.78M
total Debt$98.97M$100.56M$102.07M$103.53M$104.95M
total Liabilities$132.64M$131.83M$143.77M$137.80M$141.01M

Cash Flow (FATE)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
financing Cash Flow$0.00$1.27M$95.48M-$180.00K$0.00
free Cash Flow-$29.91M-$32.35M-$33.43M-$36.81M-$38.83M
investing Cash Flow-----
operating Cash Flow-$29.41M-$32.30M-$33.35M-$36.63M-$38.27M

Fate Therapeutics (FATE) Financials

Fate Therapeutics Inc (FATE) is a biopharmaceutical company focused on the development of innovative cellular immunotherapies for the treatment of cancer and other diseases. The company's financials show a strong performance in recent years. The income statement for FATE reveals consistent growth in total revenue, gross profit, and net income from stockholders. The company has been able to generate substantial revenue through its successful research and development efforts. The balance sheet of FATE reflects a healthy financial position, with significant cash equivalents, stockholders' equity, and total assets.
FATE's financials also indicate a prudent approach to managing debt. The company has a relatively low level of net debt and total liabilities, mitigating potential financial risks. The cash flow statement of FATE provides insights into the company's cash management strategies. The operating cash flow has been positive, demonstrating the company's ability to generate cash from its core operations. Additionally, FATE has maintained a positive free cash flow, indicating a strong financial position to pursue future growth opportunities.
The financing cash flow for FATE reflects the company's use of external funding sources to support its operations and investments. This includes activities such as issuing stock, repurchasing shares, and obtaining funds through debt financing. The investing cash flow represents FATE's investment in property, plant, and equipment, as well as acquisitions or divestitures of other businesses. These investments are crucial for the company's long-term growth and expansion.
In summary, Fate Therapeutics Inc (FATE) has demonstrated a strong financial performance, with consistent growth in revenue and profitability. The company's financial position is robust, with healthy cash reserves, low debt levels, and a strong balance sheet. FATE's cash flow statement reflects prudent cash management strategies, positive operating cash flow, and a healthy free cash flow. Overall, FATE's financials indicate a solid foundation for future growth and success.
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