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Cardiol Therapeutics Inc (CRDL.TO)

Cardiol Therapeutics Inc (CRDL.TO)
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Cardiol Therapeutics Inc is a late-stage life sciences company focused on advancing the development of anti-inflammatory and anti-fibrotic therapies for heart disease. Its primary small-molecule candidate, CardiolRx, targets inflammasome pathway activation, which is involved in the development of inflammation and fibrosis in conditions such as pericarditis, myocarditis, and heart failure. The CardiolRx program includes the completed Phase II MAVERIC-Pilot study and the ongoing Phase III MAVERIC trial for the treatment of pericarditis. The ARCHER program evaluated CardiolRx in acute myocarditis through a completed Phase II study. The company is also developing CRD-38, a novel subcutaneous drug formulation for treating inflammatory heart conditions, including heart failure.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 0 0 0 0 79
Sales Growth unch unch unch -100.00% unch
Net Income -33,819 -36,677 -28,128 -30,931 -31,638
Net Income Growth +7.79% -30.39% +9.06% +2.24% -53.28%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 23,620 31,864 36,701 62,029 87,876
Total Assets Growth -25.87% -13.18% -40.83% -29.41% +452.92%
Total Liabilities 5,742 7,135 8,454 9,827 11,638
Total Liabilities Growth -19.52% -15.60% -13.97% -15.56% +343.72%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow -23,855 -25,061 -25,180 -27,220 -23,551
Operating Cash Flow Growth +4.81% +0.47% +7.49% -15.58% -156.39%
Net Cash Flow -8,339 -6,242 -25,300 -27,349 69,874
Change in Net Cash Flow -33.60% +75.33% +7.49% -139.14% +888.46%
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