Cabaletta Bio Inc

Cabaletta Bio Inc

CABA · NASDAQ · Healthcare / Biotechnology

1.28USD-0.05 (-3.76%)

Price History

Full chart

Market Stats

Previous Close1.33
Open1.34
Day Range1.25 – 1.35
52-Week Range2.00 – 4.23
Volume3.22M
Market Cap350.96M
P/E (TTM)0.00
Forward P/E0.00
EPS-1.38
Dividend Yield0.00%
Beta3.26
50-Day Avg2.85
200-Day Avg2.93

About

Cabaletta Bio, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with autoimmune diseases. The company's lead product candidate is resecabtagene autoleucel, a 4-1BB co-stimulatory domain-containing fully human CD19-CAR T, which is in Phase 1/2 clinical trials for the treatment of dermatomyositis, anti-synthetase syndrome, immune-mediated necrotizing myopathy, juvenile myositis, lupus nephritis, systemic lupus erythematosus, relapsing and progressive multiple sclerosis, mucocutaneous and mucosal pemphigus vulgaris (PV), systemic sclerosis, and generalized myasthenia gravis. It also develops DSG3-CAART, a CAAR T cell therapy that is in Phase 1 clinical trial for the treatment of mucosal PV; and MuSK-CAART, an investigational cell therapy in Phase 1 trial for treating patients with anti-muscle-specific kinase (MuSK) antibody positive myasthenia gravis. It has collaborations with the University of Pennsylvania and the Children's Hospital of Philadelphia; Nanjing IASO Biotherapeutics Co., Ltd; Oxford Biomedica; Autolus Holdings (UK) Limited; and WuXi Advanced Therapies, Inc. The company was formerly known as Tycho Therapeutics, Inc. and changed its name to Cabaletta Bio, Inc. in August 2018. Cabaletta Bio, Inc. was incorporated in 2017 and is headquartered in Philadelphia, Pennsylvania.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEODr. Steven A. Nichtberger M.D.
  • Employees154
  • Headquarters2929 Arch Street, Philadelphia, PA, United States, 19104, USA
  • Websitehttps://www.cabalettabio.com

Leadership

  • Dr. Steven A. Nichtberger M.D.Co-Founder, Chairman, CEO & President · b. 1961
  • Dr. David J. Chang FACR, M.D., M.P.H.Chief Medical Officer · b. 1963
  • Dr. Gwendolyn K. Binder Ph.D.President of Science & Technology · b. 1975
  • Dr. Michael C. Milone M.D., Ph.D.Co-Founder & Co-Chair of Scientific Advisory Board
  • Dr. Aimee Payne M.D., Ph.D.Co-Founder & Co-Chair of Scientific Advisory Board
  • Mr. Anup Marda M.B.A.Chief Financial Officer · b. 1978
  • Dr. Qing Sarah Yuan Ph.D.Chief Technology Officer · b. 1971
  • Dr. Samik Basu M.D.Chief Scientific Officer
  • Mr. Michael Gerard J.D.General Counsel & Secretary · b. 1980
  • Ms. Heather Harte-Hall M.Sc.Chief Compliance Officer

Financials

Income Statement

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-000.0100000
Growth (%)-----100.00%----
Cost of Revenue--104.00K354.00K733.00K3.68M1.43M4.81M1.65M
Gross Profit---104.00K0.01-733.00K-3.68M-1.43M-4.81M-1.65M
Gross Margin---100.00%-----
Operating Expense--18.58M33.83M45.58M50.45M73.23M120.33M170.59M
Operating Income-250.00K-6.19M-18.68M-33.83M-46.31M-54.14M-74.66M-125.14M-172.24M
Operating Margin----338330000000.00%-----
EBITDA83.33K-12.20M-18.58M-33.48M-45.58M-52.96M-66.25M-113.41M-164.21M
EBITDA Margin----334790000000.00%-----
Net Income-250.00K-12.20M-15.10M-32.49M-45.53M-51.81M-67.67M-115.86M-167.86M
Net Income Margin----324910000000.00%-----
R&D4.46M4.47M11.67M21.38M32.49M39.30M55.42M97.20M142.67M
R&D as % of Total Revenue---213760000000.00%-----
Interest Expense000494.00K733.00K1.18M0748.00K2.00M
Interest Expense % of Total Revenue---4940000000.00%-----

Balance Sheet

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.00K34.17M141.47M114.72M126.34M116.97M253.65M185.05M165.08M
Total Liabilities250.00K44.86M3.15M5.18M8.38M12.45M17.45M32.71M53.03M
Total Equity-249.00K-10.69M138.32M109.54M117.96M104.52M236.20M152.34M112.05M
Cash1.00K33.02M136.20M101.43M122.22M81.61M193.24M163.96M82.98M
Total Debt-43.92M---5.14M5.02M15.60M27.10M
Net Debt-1.00K10.90M-136.20M-101.43M-122.22M-76.47M-188.22M-148.36M-55.88M

Cash Flow

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-4.66M-4.66M-16.05M-26.77M-34.11M-46.38M-53.55M-88.22M-131.08M
Investing Cash Flow-693.00K-693.00K-693.00K-7.98M6.00M-27.22M-22.45M47.29M-50.27M
Financing Cash Flow1.33K37.68M119.92M-24.00K48.90M32.98M187.63M11.68M100.35M
Capital Expenditure693.00K693.00K693.00K635.00K1.17M2.45M687.00K2.21M1.23M
Free Cash Flow--4.66M-16.74M-27.41M-35.27M-48.83M-54.24M-90.43M-132.31M
Dividends Paid--10.09M------
FCF to OCF-100.00%104.32%102.37%103.42%105.29%101.28%102.51%100.94%
Dividend Paid to FCF---60.28%------

Earnings

Report DateAug 28, 2019Dec 5, 2019Mar 30, 2020May 12, 2020Aug 6, 2020Nov 10, 2020Mar 16, 2021May 3, 2021Aug 5, 2021Nov 1, 2021Mar 17, 2022May 12, 2022Aug 11, 2022Nov 10, 2022Mar 16, 2023May 11, 2023Aug 10, 2023Nov 9, 2023Mar 21, 2024May 15, 2024Aug 8, 2024Nov 14, 2024Mar 19, 2025May 15, 2025Aug 7, 2025Nov 10, 2025Mar 12, 2026May 14, 2026Aug 13, 2026Nov 9, 2026
EPS Estimate-3.74-2.26-0.47-0.23-0.39-0.44-0.36-0.38-0.41-0.48-0.60-0.53-0.50-0.47-0.45-0.47-0.42-0.42-0.39-0.48-0.57-0.61-0.63-0.67-0.71-0.46-0.46-0.39-0.37-0.33
EPS Actual-3.74-1.21-0.33-0.33-0.35-0.36-0.40-0.41-0.45-0.45-0.49-0.45-0.45-0.39-0.52-0.45-0.37-0.37-0.46-0.51-0.56-0.62-0.65-0.71-0.73-0.44-0.40-0.39-0.34-
Surprise0.00%46.46%29.79%-43.48%10.26%18.18%-11.11%-7.89%-9.76%6.25%18.33%15.09%10.00%17.02%-15.56%4.26%11.90%11.90%-17.95%-6.25%1.75%-1.64%-3.77%-5.97%-2.82%4.35%12.68%0.00%8.11%-
Timing-After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-

Key Statistics & Ratios

Market Cap350.96M
Enterprise Value174.46M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.00
Price / Book1.78
EPS-1.38
Book Value1.26
Revenue (TTM)0
Gross Profit (TTM)0
EBITDA-184.12M
Profit Margin0.00%
Operating Margin0.00%
Return on Equity-93.21%
Return on Assets-48.19%
Shares Outstanding169.55M
Shares Float141.48M
Beta3.26
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 12 analystsTarget 13.25
  • Strong Buy
    8
  • Buy
    2
  • Hold
    2

Ownership Breakdown

Institutions
94.11%
Insiders
0.97%
Retail / Other
4.92%

Top Institutional Holders

  • Jennison Associates LLC
    20.03M11.82%
  • T. Rowe Price Investment Management,Inc.
    11.08M6.54%
  • Bain Capital Life Sciences Investors, LLC
    9.68M5.71%
  • Adage Capital Partners Gp LLC
    9.17M5.41%
  • Cormorant Asset Management, LLC
    5.50M3.24%
  • NORGES BANK
    4.11M2.43%
  • Vanguard Capital Management, LLC
    4.03M2.38%
  • Opaleye Management Inc
    3.86M2.28%
  • Citadel Advisors Llc
    3.52M2.08%
  • BlackRock Inc
    2.37M1.40%
  • Marshall Wace Asset Management Ltd
    2.18M1.29%
  • Millennium Management LLC
    2.07M1.22%
  • Renaissance Technologies Corp
    2.04M1.20%
  • Qube Research & Technologies
    1.93M1.14%

Top Fund Holders

  • T. Rowe Price Small-Cap Value
    7.71M4.55%
  • State Street® SPDR® S&P® Biotech ETF
    5.55M3.27%
  • Vanguard MStar Total Stk Mkt Idx Invest
    5.22M3.08%
  • PGIM Jennison Health Sciences Z
    4.96M2.93%
  • iShares Russell 2000 ETF
    2.88M1.70%
  • PGIM Jennison Small Company A
    2.70M1.59%