Context Therapeutics Inc. CNTX
We are a clinical-stage biopharmaceutical company advancing T cell engaging ("TCE") bispecific antibodies ("bsAb") for solid tumors. Our goal is to build an innovative portfolio of TCE bispecific therapeutics, including CTIM-76, a Claudin 6 ("CLDN6") x CD3 TCE, CT-95, a Mesothelin ("MSLN") x CD3 TCE, and CT-202, a Nectin cell adhesion protein 4 ("Nectin-4") x CD3 TCE.
CTIM-76 is a CLDN6 x CD3 TCE that is intended to redirect T-cell-mediated lysis toward malignant cells expressing CLDN6. CLDN6 is a tight junction membrane protein target expressed in multiple solid tumors and absent from or expressed at low levels in healthy adult tissues. IND-enabling studies on CTIM-76 have been completed. On May 2, 2024, we announced the U.S. Food and Drug Administration (the "FDA") cleared our IND application to support the initiation of a Phase 1 dose escalation and expansion trial of CTIM-76 in patients with CLDN6-positive gynecologic and testicular cancers. We dosed the first patient in our CTIM-76 Phase 1 trial in January 2025. We expect to share Phase 1a interim data for the CTIM-76 trial in June 2026.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| SG&A | $7.8M | $7.2M | $7.3M | $7.8M | $3.6M | $930.7K | — |
| Operating income | -$39.7M | -$29.9M | -$25.1M | -$15.4M | -$10.5M | -$2.6M | — |
| Interest expense | — | — | $1.2M | $547.3K | $64.2K | $661.2K | — |
| Pre-tax income | -$36.1M | -$26.7M | -$24.0M | -$14.8M | -$10.5M | $6.6M | — |
| Income tax | $0 | $0 | $0 | $0 | $0 | $0 | — |
| Net income | -$36.1M | -$26.7M | -$24.0M | -$14.8M | -$10.5M | $6.6M | — |
| EPS, basic | -0.38 | -0.46 | -1.50 | -0.93 | -3.69 | 3.07 | — |
| EPS, diluted | -0.38 | -0.46 | -1.50 | -0.93 | -3.69 | -3.96 | — |
| Shares, diluted (wtd. avg.) | $95.2M | $58.4M | $16.0M | $16.0M | $2.8M | $2.1M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $66.0M | $94.4M | $14.4M | $35.5M | $49.7M | $341.0K | $226.6K |
| Total current assets | $68.4M | $97.9M | $16.0M | $37.9M | $51.3M | $299.3K | — |
| Property, plant and equipment | $29.7K | $12.0K | $15.5K | $27.6K | $0 | — | — |
| Total assets | $68.5M | $98.1M | $16.1M | $38.0M | $51.3M | $467.3K | — |
| Accounts payable | $2.5M | $1.5M | $2.4M | $936.3K | $1.8M | $2.7M | — |
| Total current liabilities | $8.0M | $2.7M | $4.2M | $3.2M | $3.0M | $9.5M | — |
| Total liabilities | $8.0M | $2.9M | $4.2M | $3.2M | $3.0M | $9.6M | — |
| Retained earnings | -$130.9M | -$94.8M | -$68.1M | -$44.1M | -$29.3M | -$18.8M | — |
| Total equity | $60.5M | $95.3M | $11.9M | $34.8M | $48.3M | -$16.9M | -$24.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$26.4M | -$14.6M | -$21.0M | -$13.5M | -$8.8M | -$1.0M | — |
| Depreciation and amortisation | $16.3K | $10.9K | $12.0K | $9.3K | $0 | — | — |
| Stock-based compensation | $1.3M | $841.9K | $1.1M | $976.4K | $511.1K | $219.2K | — |
| Capital expenditure | $33.9K | $7.3K | $0 | $36.8K | $0 | — | — |
| Investing cash flow | -$2.0M | -$14.8M | $0 | -$536.8K | -$250.0K | $0 | — |
| Financing cash flow | -$15.3K | $109.3M | $0 | -$102.1K | $58.4M | $1.1M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-020498.
Others in SIC 2834
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| AKTX | Akari Therapeutics Plc | $1.79T | — | — |
| LLY | ELI LILLY & Co | $1.08T | 50.1x | 44.7% |
| JNJ | JOHNSON & JOHNSON | $663.28B | 25.0x | 6.0% |
| ONC | BeOne Medicines Ltd. | $529.55B | 1,885.6x | 40.2% |
| ABBV | AbbVie Inc. | $453.19B | 108.7x | 8.6% |
| MRK | Merck & Co., Inc. | $370.89B | 20.6x | 1.3% |
| ABT | ABBOTT LABORATORIES | $188.69B | 29.1x | 5.7% |
| PFE | PFIZER INC | $162.16B | 20.9x | -1.6% |