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NASDAQ · PHARMACEUTICAL PREPARATIONS · SMALL CAP

Cartesian Therapeutics, Inc. RNAC

12 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.8M
▼ 92.8% YoY
$-130.3M
$-79.4M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Growth

USD 2.8M
Revenue, FY2025 · full 12-year series below
Revenue $M Net income $M
FY2025 · Revenue 2.8 · Net income -130.3
50M100M-100M-200M
20142017202020232025
Compound annual growth
−70.7%
−30.0%
−7.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −30.0% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

·
Operating margin Net margin
FY2025 · Operating -5127.1% · Net ·
-10000%-20000%-30000%
201420192025
ROE
FY2022 · ROE 60.8%
20%40%60%-50%-100%
201420192025
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.

Return on equity has no reading this year — return on capital employed, just below, still does: -41%.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -79.4
15M30M-30M-60M
201420192025

Total assetsUSD 296.4M
EquityUSD -126.2M
CashUSD 125.1M
Current ratio8.65×

Equity funds -43% of total assets.

The 12-year record

12 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
RNAC, 12-year financial record
Metric 202520242023202220212020201920182017201620152014
Revenue $B0.00.00.00.10.10.00.00.00.00.00.00.0
Operating income $B−0.1−0.0−0.10.0−0.0−0.1−0.1−0.1−0.1−0.0−0.0−0.0
EBITDA $B−0.1−0.0−0.10.0−0.0−0.1−0.1−0.1−0.1−0.0−0.0−0.0
Income tax $B−0.00.0−0.0−0.00.00.00.0◌◌◌◌◌
Net income $B−0.1−0.1−0.20.0−0.0−0.1−0.1−0.1−0.1−0.0−0.0−0.0
Free cash flow $B−0.1−0.0−0.1−0.0−0.10.0−0.1−0.1−0.1−0.0−0.0−0.0
EPS, diluted $−5.02−4.49−49.760.10−0.22−0.68−1.22−2.92−3.20−3.89−15.13−7.84
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend————————————
ROE %———60.8————−122.4———
Shares out B0.030.030.160.150.120.110.090.02◌0.020.00◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 44 reconciliationsAUDITED

Reconciled in 12 of the 12 fiscal years we could check. 16 checks were skipped: the balance sheet is not tagged before 2015. Seven checks were skipped: EPS is not tagged before 2014.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityPharmaceutical Preparations
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2014

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