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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) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Sales 0 0 0 0 0
Sales Growth unch unch unch unch unch
Net Income -7,213 -9,964 -8,354 -8,288 -8,178
Net Income Growth +27.62% -19.27% -0.81% -1.34% +35.75%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Total Assets 23,620 12,948 19,938 25,455 31,864
Total Assets Growth +82.42% -35.06% -21.67% -20.11% +81.87%
Total Liabilities 5,742 3,387 8,130 7,867 7,135
Total Liabilities Growth +69.54% -58.34% +3.34% +10.26% +0.66%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Operating Cash Flow -5,225 -6,925 -4,551 -7,154 -5,593
Operating Cash Flow Growth +24.54% -52.18% +36.39% -27.90% +28.01%
Net Cash Flow 10,319 -6,942 -4,537 -7,180 13,091
Change in Net Cash Flow +248.64% -53.02% +36.81% -154.84% +268.23%
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