MARKETS / NASDAQ / RNAC
NASDAQ · PHARMACEUTICAL PREPARATIONS · SMALL CAP

Cartesian Therapeutics, Inc. RNAC

12 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$400,000
▼ 99.0% vs FY2024
EPS · FY25
$-5.02
Dividend / sh · FY25
Payout · FY25
ROE · FY25
Net margin · FY25
-32575.5%
Dividend coverage
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Result
USD 400,000.00
Revenue, FY2025 · full 12-year series below
Revenue Net income
0.040.080.120.0-0.120142017202020232025
0.040.080.120.0-0.12016201920222025

The company lost 32576 cents on every revenue dollar this year.

Per share
USD -5.02
Diluted EPS, FY2025
EPS
0.40.81.2-5.0220142017202020232025
0.40.81.2-5.022016201920222025

The company pays no cash dividend.

Profitability
Return on equity, FY2025
ROE
2040608020142017202020232025
204060802016201920222025
Operating margin-35851.2%
Net margin-32575.5%
Return on assets-35.6%

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
−52.5% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−84.7%
−52.5%
−23.7%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.03B
Shares outstanding, FY2025
0.000.0320142017202020232025
0.020.032016201920222025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 296.4M
total assets, end of FY2025
Total assetsUSD 296.4M
EquityUSD -126.2M
CashUSD 125.1M
Current ratio8.65×

Equity funds -43% of total assets.

History
12 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue $B
0.0
0.0
0.0
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Operating income $B
−0.1
−0.0
−0.1
0.0
−0.0
−0.1
−0.1
−0.1
−0.1
−0.0
−0.0
−0.0
EBITDA $B
−0.1
−0.0
−0.1
0.0
−0.0
−0.1
−0.1
−0.1
−0.1
−0.0
−0.0
−0.0
Income tax $B
−0.0
0.0
−0.0
−0.0
0.0
0.0
0.0
·
·
·
·
·
Net income $B
−0.1
−0.1
−0.2
0.0
−0.0
−0.1
−0.1
−0.1
−0.1
−0.0
−0.0
−0.0
EPS, diluted $
−5.02
−4.49
−49.76
0.10
−0.22
−0.68
−1.22
−2.92
−3.20
−3.89
−15.13
−7.84
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
·
·
·
60.8
−1137.9
·
−3716.0
−281.6
−122.4
·
·
·
Shares out B
0.03
0.03
0.01
0.15
0.12
0.11
0.09
0.02
·
0.02
0.00
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
32 of 32
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed