Calliditas Therapeutics AB (publ)

Calliditas Therapeutics AB (publ)

CALT
Calliditas Therapeutics AB (publ)US flagNASDAQ Global Select
40.00
USD
-0.04
- -
2.15BMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
10.01
0.04
9.02
30.28
44.97
59.67
Basic EPS, GAAP
-1.54
-1.71
-5.81
-5.09
-1.76
-19.32
-19.69
-15.55
-17.37
-17.9
Free Cash Flow per Basic Share
-1.47
-1.68
-4.56
-4.94
-4.72
-13.78
-19.05
-11.84
-16.67
-9.13
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-5.29
-7
-21.42
-17.5
-26.34
-40.85
-56.05
-69.18
-85.82
- -
Tangible Book Value per Share
0.54
-0.43
2.22
23.82
41.8
37.33
23.96
10.65
-5.39
-13.6
Basic Weighted Avg Shares
33
33
15
26
18
22
25
27
27
27
Sales/Revenue/Turnover
- -
- -
- -
- -
185
1
229
803
1,207
1,601
Operating Margin (%)
- -
- -
- -
- -
-15.08
-43,732.38
-226.02
-49.68
-33.92
-24.32
Depreciation Expense
- -
- -
- -
- -
2
3
34
13
49
- -
Net Income, GAAP
-51
-57
-87
-132
-33
-433
-500
-412
-466
-480
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
-17.63
-49,598.86
-218.14
-51.35
-38.63
-30
Working Capital
18
-15
33
618
768
931
877
1,087
868
725
LT Debt
- -
- -
- -
- -
4
1
213
729
967
1,008
Total Equity
18
-14
33
618
788
1,256
1,008
766
335
107
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
- -
- -
- -
LT Borrowings
940
986
982
LT Finance Leases
27
30
26
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
54
54
54
Market Capitalization
6,999
6,063
11,144

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
1,275
1,099
1,154
Cash, Cash Equivalents & STI
974
810
797
Accounts Receivable, Net
181
183
223
Inventories
20
29
40
Total Current Liabilities
407
408
430
Payables & Accruals
376
375
403
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-2.63%
-56.31%
Free Cash Flow
- -
57.32%
42.56%
Net Income, GAAP
- -
233.24%
13.08%
Sales/Revenue/Turnover
- -
- -
50.32%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
50
64
260
429
803
2023
191
269
295
452
1,207
2024
295
560
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-7.91
-7.24
-0.34
- -
-15.55
2023
-6.99
-3.43
-6.27
-0.68
-17.37
2024
-9.17
-1.77
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Renee Aguiar-Lucander
Full Time Employees
222
Sector
Healthcare
Industry
Biotechnology
Address
Kungsbron 1, D5 Stockholm Sweden 111 22
IPO Date
Jun 5, 2020
Business
Calliditas Therapeutics AB (publ) is a clinical-stage biopharmaceutical company focused on identifying, developing, and commercializing pharmaceutical products for the treatment of orphan indications, primarily renal and hepatic diseases. The company manufactures and markets Nefecon, an oral formulation of budesonide designed as an immunosuppressant for immunoglobulin A nephropathy (IgAN), a rare autoimmune renal disease. It also develops Setanaxib, a NOX inhibitor in Phase 2b/3 clinical trials targeting primary biliary cholangitis and other conditions including idiopathic pulmonary fibrosis and certain cancers, alongside Budenofalk 3 mg oral capsules for autoimmune hepatitis. Calliditas operates mainly in Europe and the United States, serving patients with significant unmet medical needs in niche drug markets. Founded in 2004 and headquartered in Stockholm, Sweden, the company leverages its interdisciplinary expertise in pharmaceutical product development for orphan diseases. Recent major company developments include the acquisition by Asahi Kasei Corporation, which launched a tender offer in May 2024 and by early September 2024 had acquired over 90 percent ownership of Calliditas shares, leading to the company’s application for delisting from Nasdaq Stockholm. Additionally, the European Commission granted full approval for Kinpeygo, the brand name for Nefecon, for the treatment of IgA nephropathy, further solidifying its market position. Calliditas also recently launched IgAN Connect, an online platform to support patients and healthcare professionals. These strategic shifts underscore the company’s expansion and enhanced commercialization capabilities in rare renal diseases. Calliditas maintains a strong pipeline with ongoing clinical trials and focuses on developing innovative therapies that address significant unmet medical needs in specialized treatment areas, continuing its commitment to patients with rare renal and hepatic disorders.

Company News

APIChat
  • Financial Survey: MindWalk (NASDAQ:HYFT) and Calliditas Therapeutics AB (publ) (NASDAQ:CALT)

  • Analyzing Cyclacel Pharmaceuticals (NASDAQ:BGMS) and Calliditas Therapeutics AB (publ) (NASDAQ:CALT)

  • Calliditas Therapeutics AB (publ) (NASDAQ:CALT) & Palatin Technologies (PINK:PTNT) Critical Analysis

  • Head-To-Head Review: AngioSoma (OTCMKTS:SOAN) & Calliditas Therapeutics AB (publ) (NASDAQ:CALT)

  • Evofem Biosciences (NASDAQ:EVFM) & Calliditas Therapeutics AB (publ) (NASDAQ:CALT) Head-To-Head Survey

  • Delisting of Calliditas Therapeutics AB (publ) from Nasdaq Stockholm

  • Notice of extraordinary meeting of Calliditas Therapeutics AB (publ)

  • Calliditas Therapeutics takes certain corporate actions following announcement by Asahi Kasei

  • Calliditas Therapeutics AB (publ) (CALT) Q2 2024 Earnings Call Transcript

  • Calliditas Interim Report January to June 2024

  • Number of shares and votes in Calliditas Therapeutics

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ATRI, CALT on Behalf of Shareholders

  • STOCKHOLDER ALERT: The M&A Class Action Firm Is Investigating the Merger and its Tender Offer for Calliditas Therapeutics AB – CALT

  • STOCKHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of the Merger and its Tender Offer, Expiring August 30, 2024, for shares of Calliditas Therapeutics AB - CALT

  • Calliditas announces positive TRANSFORM Phase 2b topline data in primary biliary cholangitis

  • Launch of Phase 3 clinical trial with Nefecon in Japan

  • Calliditas provides setanaxib patent update

  • Bulletin from the annual general meeting of Calliditas Therapeutics AB (publ)

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AKLI, CALT on Behalf of Shareholders

  • STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger and Expiring Tender Offer - AKLI and CALT