Cartesian Therapeutics (RNAC) Current Deferred Revenue (2015 - 2024)
Cartesian Therapeutics' Current Deferred Revenue was $412,000 in Q1 2024, down 90.3% from $4.23 million a year earlier and down 82.2% from the prior quarter.
Cartesian Therapeutics (RNAC) Current Deferred Revenue (2015 - 2024) Analysis & Trends
At the end of FY2023, Current Deferred Revenue at Cartesian Therapeutics came in at $2.31 million, up 289.7% from FY2022.
- Current Deferred Revenue shows a five-year compound annual growth rate of 19.2% (FY2018 to FY2023).
- In earlier years, Current Deferred Revenue was $593,000 in FY2022 (-98.9%), $53.88 million in FY2021 (-25.2%), $72.05 million in FY2020 and $1.67 million in FY2019 (+74.6%).
- The Q1 2024 figure marks the lowest quarterly Current Deferred Revenue in data going back to Q4 2015.
- Compared with a year earlier, Current Deferred Revenue was higher in two of the last eight quarters, with an average decline of 27.8%.
- The best year-over-year quarter for Current Deferred Revenue over five years was Q4 2023 (growth of 289.7%); the worst was Q4 2022 (a decline of 98.9%).
- Per Business Quant data, RNAC's Current Deferred Revenue in the three quarters before Q1 2024 was $2.31 million (Q4 2023), $4.14 million (Q3 2023) and $4.23 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn |
| 10 | Cartesian Therapeutics | 217.47 Mn | 217.47 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 412,000.00 |
| Dec 31, 2023 | 2.31 Mn |
| Sep 30, 2023 | 4.14 Mn |
| Jun 30, 2023 | 4.23 Mn |
| Mar 31, 2023 | 4.23 Mn |
| Dec 31, 2022 | 593,000.00 |
| Sep 30, 2022 | 3.82 Mn |
| Jun 30, 2022 | 15.97 Mn |
| Mar 31, 2022 | 27.99 Mn |
| Dec 31, 2021 | 53.88 Mn |
| Sep 30, 2021 | 62.32 Mn |
| Jun 30, 2021 | 75.01 Mn |
| Mar 31, 2021 | 75.76 Mn |
| Dec 31, 2020 | 72.05 Mn |
| Sep 30, 2020 | 64.37 Mn |
| Jun 30, 2020 | 1.93 Mn |
| Mar 31, 2020 | 1.67 Mn |
| Dec 31, 2019 | 1.67 Mn |
| Sep 30, 2019 | 1.02 Mn |
| Jun 30, 2019 | 1.02 Mn |
Cartesian Therapeutics Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=RNAC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "RNAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=RNAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();