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Dec 31, 2024
Cellectis SA Q4 2024 Earnings Report
Cellectis reported a substantial increase in Q4 2024 revenue, reducing net loss and improving financial stability.
Key Takeaways
Cellectis achieved a remarkable revenue increase in Q4 2024, reaching $28.92 million compared to just $0.28 million in the prior year. The company significantly reduced its net loss to $17.13 million from $41.79 million in Q4 2023. Operating losses improved to $21.45 million, supported by a financial gain of $4.77 million. The company ended the quarter with $264 million in cash, ensuring a runway into mid-2027.
Q4 2024 revenue surged to $28.92 million from $0.28 million in Q4 2023.
Net loss improved significantly to $17.13 million from $41.79 million in Q4 2023.
Operating loss decreased to $21.45 million, showing an improving financial position.
Strong cash position of $264 million ensures operational funding into mid-2027.
Forward Guidance
Cellectis expects continued clinical advancements in 2025, with ongoing trials and expansion of its gene therapy pipeline.
Positive Outlook
- UCART22 Phase 1 dataset and late-stage development strategy expected in Q3 2025.
- Strong partnership with AstraZeneca, advancing three cell and gene therapy programs.
- Cash position ensures funding through mid-2027, supporting long-term growth.
- Advancements in solid tumor therapies using SMART CAR T strategy.
- Expansion of TALEN-based gene editing tools for enhanced precision and efficacy.
Challenges Ahead
- Continued operating losses despite improved revenue performance.
- Regulatory risks associated with upcoming clinical trials and approvals.
- Potential delays in the enrollment of UCART20x22 Phase 1 study in relapsed B-cell NHL.
- High research and development expenses impacting short-term profitability.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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