earnings
confidence high
sentiment neutral
materiality 0.65
Century Therapeutics Q1 net income $76.6M on BMS termination revenue; CNTY-101 dosing started
Century Therapeutics, Inc.
2025-Q1 EPS reported
$0.89
revenue$109,164,000
- Net income of $76.6M vs $28.1M loss in Q1 2024, driven by $109.2M collaboration revenue from BMS deal termination.
- Cash, equivalents, and securities $185.8M as of March 31, 2025, down from $220.1M; estimated runway into Q4 2026.
- First patient dosed in Phase 1 CALiPSO-1 trial of CNTY-101 for autoimmune disease; clinical data expected by end of 2025.
- CNTY-308 (CD19-targeted CAR-iT) on track to enter IND-enabling studies mid-2025.
- R&D expenses increased to $26.6M from $23.4M due to clinical trial costs and preclinical program advancement.