Candel Therapeutics, Inc.

Candel Therapeutics, Inc.CADLEarnings & Financial Report

Nasdaq · Health Care · Biological Products, (No Diagnostic Substances)

Candel Therapeutics, Inc. is a clinical-stage biotechnology company specializing in developing oncolytic immunotherapies for cancer treatment. Its product pipeline covers solid tumors and hematological malignancies, serving global oncology markets and addressing unmet medical needs for patients with limited treatment options.

Revenue

$31.0K

Gross Profit

N/A

Operating Profit

$-8.9M

Net Profit

$-8.7M

Gross Margin

N/A

Operating Margin

-28648.4%

Net Margin

-28025.8%

YoY Growth

0.0%

EPS

$-0.30

Candel Therapeutics, Inc. Q3 FY2022 Financial Summary

Candel Therapeutics, Inc. reported revenue of $31.0K (up 0.0% YoY) for Q3 FY2022, with a net profit of $-8.7M (up 46.2% YoY) (-28025.8% margin).

Key Financial Metrics

Total Revenue$31.0K
Net Profit$-8.7M
Gross MarginN/A
Operating Margin-28648.4%
Report PeriodQ3 FY2022

Candel Therapeutics, Inc. Annual Revenue by Year

Candel Therapeutics, Inc. annual revenue history includes year-by-year totals (for example, 2022 revenue was $125.0K).

YearAnnual Revenue
2022$125.0K

Candel Therapeutics, Inc. Quarterly Revenue & Net Profit History

Candel Therapeutics, Inc. results over the last 5 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2023$102.0K+229.0%$-8.8M-8622.5%
Q4 FY2022$32.0K$-5.1M-15884.4%
Q3 FY2022$31.0K+0.0%$-8.7M-28025.8%
Q2 FY2022$31.0K+0.0%$-4.1M-13383.9%
Q1 FY2022$31.0K$-874.0K-2819.4%

Income Statement

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023
Revenue$31000$31000$31000$32000$102000
YoY GrowthN/A0.0%0.0%N/A229.0%

Balance Sheet

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023
Assets$101.6M$93.3M$85.0M$77.7M$67.2M
Liabilities$37.8M$33.2M$32.9M$30.0M$27.6M
Equity$63.8M$60.1M$52.1M$47.7M$39.7M

Cash Flow

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023
Operating CF$-8.1M$-7.1M$-9.4M$-6.9M$-10.8M