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Financial statements

Cellectis S.A. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Cellectis S.A. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue44.825.212.715.251.130.319.20.7641.572.9
Cost of revenue2.622.7411.41.951.841.770.7400
Gross profit22.69.993.849.128.517.40.0241.572.9
Research and development78.579.276.6927711897.587.690.593.5
Selling, general and administrative43.444.847.24322.522.917.516.819.119.8
Operating income-67.3-92.7-105-124-42.3-103-89.7-97.3-59.6-33.1
Interest expense7.118.33.813.6316.16.4917.840.621.651.1
Interest income7.157.2620.6124.8513.28.8821.544.416.1
Pre-tax income-67.3-104-88.3-115-53.6-96.7-98.6-116-36.8-68
Income tax0000000.090.370-0.42
Income from continuing operations-67.3-104-88.3-115-53.6-96.7-98.7-117-36.8-67.6
Net income to minority interests-4.32-9.64-13.1-16.4-10.9-7.89-7.3800
Net income-67.3-99.4-78.7-102-81.1-114-106-101-36.8-67.6
EBITDA-65.1-89.3-103-117-32.5-95.9
EPS, basic-1.91-2.78-1.93-2.41-1.91-2.55-2.33-1.77-0.41-0.67
EPS, diluted-1.91-2.78-1.93-2.41-1.91-2.55-2.33-1.77-0.41-0.67

Balance sheet

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents25525645234124118693.213714361.5
Inventory0.120.250.282.91.600
Total current assets312323488392315225122
Property, plant and equipment16.97.238.7323.771.778.863.654.745.938.8
Lease right-of-use assets45.673.869.444.338.13023.7
Intangible assets1.120.54
Total assets331333501467469382261334384325
Total current liabilities56.245.546.962.65249.348.1155166146
Lease liabilities1.0246.575.871.549.442.934.227.7
Total liabilities58.448.950.6112161146135250253249
Paid-in capital568614829843872935583523494437
Retained earnings-210-254-327-406-506
Shareholders' equity27326540931528422111884.713175.9
Minority interests1.8819.14140.325.115.27.970
Total equity27328445035530923612684.713175.9
Total liabilities and equity331333501467469382261334384325

Cash flow statement

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-67.3-104-88.3-115-97.5-125-114-108-36.8-67.6
Depreciation and amortization2.213.372.386.889.827.58
Cash from operations-32.7-52.3-68.1-69.1-80.3-105-87.4-24.723-39.4
Capital expenditures-13.7-2.38-4.72-12.9-44.1-18.5-2.43-1.07-2.58-2.36
Cash from investing-53.11.7835.6-35.9-54.37.28-2.76-15.5-103-29.5
Debt issued05.7529.723.20
Debt repaid-0.09-0.04-0.1300-1.34-5.11-5-5.38
Stock issued0.712.93186044.6-0.57
Cash from financing0.4941.3236-3.8627.347.51.1582.989.1-16.8
Exchange rate effect-2.1811.1-8.86-2.17.91-5.75-3.360.88-2.753.93
Net change in cash-85.4-9.28204-109-107-49.8-89.142.69.3-85.6
Free cash flow-46.4-54.7-72.9-82.1-124-123-89.9-25.820.4-41.8
Income taxes paid0.01

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $1.47 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin100.0%Gross profit / revenue.
Operating margin-45.3%Operating income / revenue.
Pre-tax margin-93.2%Pre-tax income / revenue.
Net margin-92.7%Net income / revenue.
FCF margin-57.2%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-54.0%Cash from operations / revenue.
Return on equity (ROE)-65.3%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-19.1%Net income / average total assets.
Return on invested capital (ROIC)-2,431.0%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue128.2%Research and development expense / revenue.
SG&A / revenue27.1%Selling, general and administrative expense / revenue.
Capex / revenue3.2%Capital expenditures / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y75.8%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y56.1%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y7.4%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y75.8%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y61.2%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y8.2%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y-271.4%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y-304.7%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y-42.1%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-13.7%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y-23.2%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-15.3%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y7.5%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y-7.1%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Quick ratio0.42x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.42x(Cash + short-term investments) / current liabilities.
Liabilities / assets76.6%Total liabilities / total assets.
Interest coverage-0.65xOperating income / interest expense.
Goodwill and intangibles / assets0.2%(Goodwill + intangible assets) / total assets.
Tangible book value$75.4MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.21xRevenue / average total assets.
Fixed asset turnover1.72xRevenue / average property, plant and equipment.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.67Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-$0.67Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$147.8MShare price x shares outstanding.
Enterprise value$86.2MMarket cap + total debt - cash - short-term investments.
P/S2.03xMarket cap / revenue.
P/B1.95xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.96xMarket cap / tangible book value, when positive.
EV/Sales1.18xEnterprise value / revenue.
FCF yield-28.3%Free cash flow / market cap.
Earnings yield-45.7%Net income / market cap (the inverse of P/E).
What was Cellectis S.A.'s revenue in fiscal 2025?

Cellectis S.A. reported revenue of $72.9M for fiscal 2025, 75.8% higher than the year before.

Was Cellectis S.A. profitable in fiscal 2025?

No. It reported a net loss of $67.6M.

How much free cash flow did Cellectis S.A. generate in fiscal 2025?

Cash from operations of $39.4M minus capital expenditures of $2.4M left free cash flow of -$41.8M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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