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Vericel Corp
Previous close
$44.07
Day range
$44.13 - $44.61
Year range
$30.18 - $54.09
Market cap
2.18B USD
Avg Volume
338.85K
P/E ratio
2,343.47
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Jun 2024info | Y/Y change |
|---|---|---|
Revenue | 52.66M | 14.68% |
Operating expense | 42.63M | 18.75% |
Net income | -4.68M | 6.73% |
Net profit margin | -8.89 | 18.66% |
Earnings per share | -0.10 | 9.09% |
EBITDA | -4.71M | 1.71% |
Effective tax rate | — | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Jun 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 102.51M | 4.78% |
Total assets | 376.84M | 21.28% |
Total liabilities | 133.86M | 19.75% |
Total equity | 242.98M | — |
Shares outstanding | 49.03M | — |
Price to book | 8.87 | — |
Return on assets | -4.11% | — |
Return on capital | -4.54% | — |
Cash Flow
Net change in cash
| (USD) | Jun 2024info | Y/Y change |
|---|---|---|
Net income | -4.68M | 6.73% |
Cash from operations | 18.54M | 81.79% |
Cash from investing | -17.72M | -635.84% |
Cash from financing | 4.30M | 259.50% |
Net change in cash | 5.11M | -43.09% |
Free cash flow | -16.22M | 15.78% |
About
Vericel Corporation is a publicly traded American biopharmaceutical company which was known prior to October 2014 as Aastrom Bio. Aastrom Bio was formed in 1989 in Ann Arbor, Michigan.
In the spring of 2014, Aastrom Bio acquired Sanofi's cell therapy and regenerative medicine business which Sanofi had acquired when purchasing Genzyme in 2011. This transformed Aastrom in several ways: it increased the employee count by 8-fold and provided a revenue stream and products to market, which it had not had before.
In October 2014, the company changed its name from Aastrom Bio to Vericel and relocated its headquarters from Ann Arbor, Michigan to Cambridge, Massachusetts. Wikipedia
Founded
1989
Headquarters
Website
Employees
314
