Cullinan Oncology LLC

Cullinan Oncology LLC

CGEM · NASDAQ · Healthcare / Biotechnology

10.28USD+0.09 (+0.88%)

Price History

Full chart

Market Stats

Previous Close10.19
Open10.19
Day Range9.75 – 10.35
52-Week Range5.68 – 23.19
Volume1.38M
Market Cap993.64M
P/E (TTM)0.00
Forward P/E6.74
EPS-3.11
Dividend Yield0.00%
Beta0.02
50-Day Avg19.71
200-Day Avg15.26

About

Cullinan Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops therapies for autoimmune diseases and cancer in the United States. It engages in the development of CLN-978, a CD19xCD3 bispecific T cell engager for autoimmune diseases in Phase 1 clinical trials; Velinotamig, a BCMAxCD3 bispecific T cell in Phase 1 clinical trials in patients with autoimmune diseases; and CLN-049, a FLT3xCD3 bispecific T cell engager, which is in Phase 1 clinical trials in patients with relapsed and refractory acute myeloid leukemia or myelodysplastic syndrome. The company is also developing Zipalertinib, an orally available small-molecule, irreversible epidermal growth factor receptor inhibitor in Phase 2b portion of the REZILIENT1 clinical trial in patients with EGFR ex20ins non-small cell lung cancer. It has a license agreement with Chongqing Genrix Biopharmaceutical Co., Ltd to develop and commercialize velinotamig; a co-development agreement with Taiho Pharmaceutical Co., Ltd to develop zipalertinib; and a collaboration agreement with Adimab, LLC to discover and/or optimize antibodies. The company was formerly known as Cullinan Oncology, Inc. and changed its name to Cullinan Therapeutics, Inc. in April 2024. Cullinan Therapeutics, Inc. was incorporated in 2016 and is headquartered in Cambridge, Massachusetts.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEOMr. Nadim Ahmed M.S.
  • Employees109
  • HeadquartersOne Main Street, Cambridge, MA, United States, 02142, USA
  • Websitehttps://cullinantherapeutics.com

Leadership

  • Mr. Nadim Ahmed M.S.President, CEO & Director · b. 1968
  • Ms. Mary Kay Fenton CPAChief Financial Officer · b. 1964
  • Dr. Jeffrey Jones M.B.A., M.D., M.P.H.Chief Medical Officer · b. 1971
  • Dr. Patrick A. Baeuerle Ph.D.Co-Founder, Chief Scientific Advisor & Chairman of Scientific Advisory Board · b. 1958
  • Dr. Jennifer Michaelson Ph.D.Chief Scientific Officer · b. 1967
  • Nicholas SmithHead of Investor Relations
  • Ms. Jacquelyn L. Sumer J.D.Chief Legal Officer, Chief Compliance Officer & Corporate Secretary · b. 1978
  • Mr. Steve AndreChief Human Resources Officer
  • Dr. Corinne Savill Ph.D.Chief Business Officer · b. 1959
  • Ms. Rose WeldonSenior Vice President of Corporate Affairs

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-00000018.94M18.94M0000
Growth (%)--------0.00%-100.00%---
Cost of Revenue-000043.00K70.00K62.00K53.00K93.00K310.00K306.00K311.00K
Gross Profit-0000-43.00K-70.00K-62.00K18.94M-93.00K-310.00K-306.00K-311.00K
Gross Margin--------0.33%100.00%----
Operating Expense-699.03K128.79K95.44K197.40K14.54M22.20M60.27M86.90M-144.74M190.78M196.61M241.34M
Operating Income--699.03K-128.79K-95.44K-197.40K-14.59M-22.27M-60.34M-67.95M144.65M-191.09M-196.92M-241.65M
Operating Margin--------318.51%-358.73%----
EBITDA------14.54M-22.20M-60.27M-67.90M-132.04M-190.34M-167.15M-219.57M
EBITDA Margin--------318.18%-358.45%----
Net Income--704.66K-130.54K-109.51K-316.70K-14.19M-20.04M-50.85M-65.04M111.21M-153.16M-167.38M-219.88M
Net Income Margin--------268.43%-343.35%----
R&D--8.70K--9.58M16.79M43.21M57.75M91.95M148.16M142.90M187.40M
R&D as % of Total Revenue-------228.11%304.87%----
Interest Expense0000000888.00K65.45M562.35M---
Interest Expense % of Total Revenue-------4.69%345.51%----

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets10.00K22.74K16.34K1183.44K34.64M100.46M214.71M437.19M561.12M484.18M621.82M448.37M
Total Liabilities323.00K1.03M1.15M1.24M578.28K55.29M140.37M14.39M11.81M26.09M30.29M31.50M39.64M
Total Equity-313.00K-1.00M-1.14M-1.24M-574.85K-20.65M-40.77M199.01M424.97M535.03M453.70M590.33M408.73M
Cash-2.27K2.17K1189133.83M63.25M168.20M59.77M156.15M98.43M83.00M88.33M
Total Debt---------5.19M3.59M2.15M2.68M
Net Debt------33.83M-63.25M-168.20M-59.77M-150.96M-94.84M-80.85M-85.65M

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow--718.41K-91.72K-24.03K-228.91K-13.55M-20.90M-29.77M-43.43M-126.66M-134.28M-145.30M-175.75M
Investing Cash Flow------261.00K-35.40M-5.42M-333.77M248.97M35.81M-136.31M179.99M
Financing Cash Flow144.00K726.07K93.36K21.98K228.88K-29.00K85.72M140.14M268.78M-25.93M40.75M266.19M1.09M
Capital Expenditure00000261.00K20.00K10.00K589.23K1.13M208.00K049.00K
Free Cash Flow------13.81M-20.92M-29.78M-44.02M-127.80M-134.48M-145.30M-175.80M
FCF to OCF-----101.93%100.10%100.03%101.36%100.89%100.15%100.00%100.03%

Earnings

Report DateMar 31, 2019Jun 30, 2019Sep 30, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Nov 2, 2020Mar 30, 2021May 14, 2021Aug 10, 2021Nov 9, 2021Mar 17, 2022May 16, 2022Aug 10, 2022Nov 14, 2022Mar 9, 2023May 11, 2023Aug 10, 2023Nov 8, 2023Mar 14, 2024May 15, 2024Aug 8, 2024Nov 7, 2024Mar 12, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Mar 5, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate0.000.000.000.000.000.000.00-0.380.03-0.42-0.43-0.47-0.555.42-0.97-0.71-0.98-1.00-0.94-0.98-0.99-0.73-0.77-0.74-0.81-0.83-0.89-0.87-0.84-0.71-0.79
EPS Actual-0.84-0.84-0.97-0.79-0.79-1.02-0.24-2.86-0.00-0.36-0.50-0.74-0.273.77-0.54-0.59-1.42-0.82-0.91-0.54-0.86-0.75-0.69-0.73-0.74-1.07-0.77-0.77-0.75-0.81-
Surprise--------652.63%-105.67%14.29%-16.28%-57.45%50.91%-30.44%44.33%16.90%-44.90%18.00%3.19%44.90%13.13%-2.74%10.39%1.66%8.64%-28.92%13.48%11.89%10.71%-14.08%-
Timing-------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-

Key Statistics & Ratios

Market Cap993.64M
Enterprise Value752.55M
Trailing P/E0.00
Forward P/E6.74
Price / Sales25.86
Price / Book3.37
EPS-3.11
Book Value5.00
Revenue (TTM)0
Gross Profit (TTM)18.94M
EBITDA-221.49M
Profit Margin0.00%
Operating Margin0.00%
Return on Equity-50.30%
Return on Assets-31.36%
Shares Outstanding64.35M
Shares Float48.09M
Beta0.02
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 9 analystsTarget 33.00
  • Strong Buy
    8
  • Buy
    1

Ownership Breakdown

Institutions
112.62%
Insiders
0.43%
Retail / Other
0.00%

Top Institutional Holders

  • MPM Oncology Impact Management LP
    9.73M15.12%
  • Lynx1 Capital Management, LP
    8.96M13.93%
  • Bvf Inc
    5.75M8.94%
  • BlackRock Inc
    4.45M6.91%
  • Kynam Capital Management, LP
    3.11M4.84%
  • State Street Corp
    2.54M3.95%
  • Vanguard Capital Management, LLC
    2.48M3.86%
  • T. Rowe Price Associates, Inc.
    2.03M3.15%
  • RTW INVESTMENTS, LLC
    1.71M2.65%
  • Blue Owl Capital Holdings LP
    1.54M2.39%
  • VR Adviser, LLC
    1.38M2.14%
  • Geode Capital Management, LLC
    1.37M2.13%
  • Siren, L.L.C.
    1.19M1.85%
  • BOOTHBAY FUND MANAGEMENT, LLC
    1.11M1.73%
  • Marshall Wace Asset Management Ltd
    1.05M1.63%
  • Dimensional Fund Advisors, Inc.
    1.05M1.63%

Top Fund Holders

  • State Street® SPDR® S&P® Biotech ETF
    2.51M3.90%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.95M3.04%
  • iShares Russell 2000 ETF
    1.55M2.42%
  • T. Rowe Price New Horizons
    966.29K1.50%

Stock Splits

  • Aug 31, 20092:1