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Celularity Inc. (CELU) 10-Year Financial Performance & Capital Metrics

CELU • • Industrial / General
HealthcareBiotechnologyOncology TherapeuticsImmuno-Oncology
AboutCelularity Inc., a clinical-stage biotechnology company, develops off-the-shelf placental-derived allogeneic cell therapies for the treatment of cancer, immune, and infectious diseases. It operates through three segments: Cell Therapy, Degenerative Disease, and BioBanking. The company's lead therapeutic programs include CYCART-19, a placental-derived CAR-T therapy, which is in Phase I clinical trial for the treatment of B-cell malignancies; CYNK-001, placental-derived unmodified natural killer (NK) cell that is in Phase I clinical trial to treat acute myeloid leukemia, as well as in Phase I/IIa clinical trial for the treatment of glioblastoma multiforme and COVID-19; CYNK-101, an allogeneic genetically modified NK cell, which is in Phase I clinical trial to treat HER2+ gastric and gastroesophageal cancers; APPL-001, a placenta-derived mesenchymal-like adherent stromal cell that is in a pre-clinical stage for the treatment of Crohn's disease; and PDA-002, a placenta-derived mesenchymal-like adherent stromal cell, which is in pre-clinical stage for the treatment of facioscapulohumeral muscular dystrophy. It also sells and licenses products that are used in surgical and wound care markets, such as Biovance and Interfyl; collects stem cells from umbilical cords and placentas; and provides cells storage under the LifebankUSA brand. The company was incorporated in 2016 and is headquartered in Florham Park, New Jersey.Show more
  • Revenue $54M +138.1%
  • EBITDA -$30M +83.4%
  • Net Income -$58M +70.5%
  • EPS (Diluted) -2.64 +76.0%
  • Gross Margin 72.36% +143.9%
  • EBITDA Margin -56.13% +93.0%
  • Operating Margin -70.75% +91.6%
  • Net Margin -106.77% +87.6%
  • ROE -232.51% -42.1%
  • ROIC -31.43% +61.1%
  • Debt/Equity 7.79 +387.7%
  • Interest Coverage -6.12 +90.4%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 20.7%

✗Weaknesses

  • ✗High debt to equity ratio of 7.8x
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 11 (bottom 11%)
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Shares diluted 22.9% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y20.72%
3Y36.47%
TTM-15.81%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-130.07%

EPS CAGR

10Y-
5Y-
3Y-
TTM-113.06%

ROCE

10Y Avg-52.58%
5Y Avg-42%
3Y Avg-49.63%
Latest-49.31%

Peer Comparison

Immuno-Oncology
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Sector-Specific
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IMTXImmatics N.V.1.33B9.9270.86188.6%-136.72%-27.81%0.03
CTMXCytomX Therapeutics, Inc.720.1M4.2511.1836.45%24.66%26.09%
IOVAIovance Biotherapeutics, Inc.881.27M2.22-1.73136.99%-158.78%-56.62%0.08
REPLReplimune Group, Inc.572.64M7.30-2.38-117.82%0.18
NKTRNektar Therapeutics719.28M35.36-4.079.22%-192.87%-141.9%1.69
IMNMImmunome, Inc.2.52B22.85-4.57-35.5%-23.01%-84.4%0.03
IBRXImmunityBio, Inc.3.89B3.95-6.3722.71%-422.28%
NRIXNurix Therapeutics, Inc.1.91B18.86-6.55-29.15%-292.5%-65.76%0.05

Profit & Loss

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+17.55M21.15M14.28M21.34M17.98M22.77M54.22M
Revenue Growth %-0.2%-0.32%0.49%-0.16%0.27%1.38%
Cost of Goods Sold+6.55M6.32M4.93M9.65M19.66M16.02M14.99M
COGS % of Revenue0.37%0.3%0.35%0.45%1.09%0.7%0.28%
Gross Profit+11M14.82M9.35M11.68M-1.69M6.75M39.23M
Gross Margin %0.63%0.7%0.65%0.55%-0.09%0.3%0.72%
Gross Profit Growth %-0.35%-0.37%0.25%-1.14%5%4.81%
Operating Expenses+1.1K278.95M161.27M120.74M23.91M199.04M77.59M
OpEx % of Revenue0%13.19%11.3%5.66%1.33%8.74%1.43%
Selling, General & Admin1.1K41.79M31.34M71.34M66.02M50.58M58.64M
SG&A % of Revenue0%1.98%2.19%3.34%3.67%2.22%1.08%
Research & Development29.06M46.05M52.71M88.35M78.36M30.46M17.39M
R&D % of Revenue1.66%2.18%3.69%4.14%4.36%1.34%0.32%
Other Operating Expenses-31.6M191.11M77.23M-38.95M-120.47M118M1.56M
Operating Income+-1.1K-264.13M-151.93M-109.06M-25.6M-192.29M-38.36M
Operating Margin %-0%-12.49%-10.64%-5.11%-1.42%-8.44%-0.71%
Operating Income Growth %--240553.64%0.42%0.28%0.77%-6.51%0.8%
EBITDA+4.79M-257.94M-143.75M-100.24M-16.16M-182.96M-30.44M
EBITDA Margin %0.27%-12.2%-10.07%-4.7%-0.9%-8.03%-0.56%
EBITDA Growth %--54.86%0.44%0.3%0.84%-10.32%0.83%
D&A (Non-Cash Add-back)4.79M6.19M8.17M8.82M9.44M9.32M7.92M
EBIT-1.1K-77.16M-210.58M-96.93M-148.27M-193.27M-51.63M
Net Interest Income+0694K-1.98M-2.84M365K-2.69M-5.93M
Interest Income628K694K370K332K365K320K331K
Interest Expense002.35M3.17M03.02M6.26M
Other Income/Expense2-3.87M-61.01M8.96M39.8M-4M-19.53M
Pretax Income+-1.1K-267.99M-212.93M-100.1M14.21M-196.28M-57.89M
Pretax Margin %-0%-12.67%-14.91%-4.69%0.79%-8.62%-1.07%
Income Tax+0-56.11M-4.7M20K13K10K0
Effective Tax Rate %1%0.79%0.98%1%1%1%1%
Net Income+-1.1K-211.88M-208.23M-100.12M14.19M-196.29M-57.89M
Net Margin %-0%-10.02%-14.58%-4.69%0.79%-8.62%-1.07%
Net Income Growth %--192968.95%0.02%0.52%1.14%-14.83%0.71%
Net Income (Continuing)-1.1K-211.88M-208.23M-100.12M14.19M-196.29M-57.89M
Discontinued Operations0000000
Minority Interest0000000
EPS (Diluted)+0.00-88.75-113.06-14.930.95-11.02-2.64
EPS Growth %---0.27%0.87%1.06%-12.63%0.76%
EPS (Basic)0.00-88.75-113.06-14.931.01-11.02-2.64
Diluted Shares Outstanding3.59M2.39M1.84M6.71M14.98M17.81M21.89M
Basic Shares Outstanding3.59M2.39M1.84M6.71M13.99M17.81M21.89M
Dividend Payout Ratio-------

Balance Sheet

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+24.71K36.81M72.16M59.1M33.5M19.79M20.56M
Cash & Short-Term Investments24.71K28.13M54.31M37.24M13.97M227K738K
Cash Only24.71K28.13M54.31M37.24M13.97M227K738K
Short-Term Investments0000000
Accounts Receivable3.92M3.08M6.55M5.23M6.97M12.12M13.56M
Days Sales Outstanding81.4953.13167.4489.53141.45194.2491.26
Inventory3.54M3.23M3.85M9.55M5.31M5.75M5.41M
Days Inventory Outstanding196.89186.54284.93361.0798.52131.11131.72
Other Current Assets1.49M480K873K2K1.05M0857K
Total Non-Current Assets+532.17M484.69M358.85M355.03M367.56M124.1M112.12M
Property, Plant & Equipment4.01M66.39M90.08M90.63M88.72M78.82M72.43M
Fixed Asset Turnover4.38x0.32x0.16x0.24x0.20x0.29x0.75x
Goodwill130.64M127.07M123.3M123.3M119.69M7.35M7.35M
Intangible Assets393.71M271.47M125.38M123.19M120.99M11M9.25M
Long-Term Investments0291M15.2M14.84M14.84M9.94M10.24M
Other Non-Current Assets3.81M-271.24M4.89M3.08M23.32M26.93M12.86M
Total Assets+24.71K521.5M431.01M414.13M401.07M143.89M132.68M
Asset Turnover710.49x0.04x0.03x0.05x0.04x0.16x0.41x
Asset Growth %-21106.18%-0.17%-0.04%-0.03%-0.64%-0.08%
Total Current Liabilities+150.56K20.64M26.68M26.23M62.09M67.3M53.68M
Accounts Payable5.27M18.88K5.39M9.32M5.81M14.14M23.3M
Days Payables Outstanding293.341.09398.89352.3107.84322.34567.29
Short-Term Debt003.01M3.05M37.6M39.24M6.36M
Deferred Revenue (Current)001000K1000K1000K1000K1000K
Other Current Liabilities-10.74M11.23M8.17M7.83M13.83M8.07M1.6M
Current Ratio0.16x1.78x2.70x2.25x0.54x0.29x0.38x
Quick Ratio-23.32x1.63x2.56x1.89x0.45x0.21x0.28x
Cash Conversion Cycle-14.95238.5853.4798.3132.133.01-344.31
Total Non-Current Liabilities+0363M385.62M288.48M140.08M35.63M70.17M
Long-Term Debt00000035.93M
Capital Lease Obligations028.06M27.63M28.09M27.98M26.18M26.55M
Deferred Tax Liabilities007K10K9K9K9K
Other Non-Current Liabilities0334.94M350.36M258.52M109.86M6.26M4.96M
Total Liabilities150.56K383.63M412.3M314.71M202.16M102.93M123.84M
Total Debt+150K28.06M30.64M31.14M65.59M65.42M68.84M
Net Debt125.29K-66K-23.67M-6.1M51.62M65.19M68.1M
Debt / Equity-0.20x1.64x0.31x0.33x1.60x7.79x
Debt / EBITDA0.03x------
Net Debt / EBITDA0.03x------
Interest Coverage---64.54x-34.39x--63.78x-6.12x
Total Equity+-125.85K137.86M18.71M99.42M198.9M40.96M8.84M
Equity Growth %-1096.47%-0.86%4.31%1%-0.79%-0.78%
Book Value per Share-0.0457.7510.1614.8313.282.300.40
Total Shareholders' Equity-125.85K137.86M18.71M99.42M198.9M40.96M8.84M
Common Stock8631K1K12K15K19K2K
Retained Earnings-1.1K-355.33M-563.56M-663.68M-645.5M-841.79M-899.68M
Treasury Stock00-256K0000
Accumulated OCI-149.75K0009K0-5K
Minority Interest0000000

Cash Flow

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-543-1.1M-63.19M-110.1M-137.88M-38.69M-6.4M
Operating CF Margin %-0%-0.05%-4.43%-5.16%-7.67%-1.7%-0.12%
Operating CF Growth %--2020.79%-56.56%-0.74%-0.25%0.72%0.83%
Net Income-13.38M5.88M-208.23M-100.12M14.19M-196.29M-57.89M
Depreciation & Amortization4.79M08.17M8.82M9.44M11.47M7.92M
Stock-Based Compensation4.5M04.37M40.01M15.86M15.02M11.57M
Deferred Taxes0-1.65K-8.48M0000
Other Non-Cash Items-54.54M-7.11M137.37M-53.1M-161.91M137.89M9.8M
Working Capital Changes-1.34M136.39K3.6M-5.71M-15.45M-6.77M22.2M
Change in Receivables-2.29M01.65M-1.91M-3.58M-6.83M-3.97M
Change in Inventory-3.4M0-643K-6.42M-16.89M-865K6.28M
Change in Payables018.88K314K0009.24M
Cash from Investing+-31.18M-286.85M-12.81M-5.9M-5.24M-4.05M514K
Capital Expenditures-1.92M0-27.83M-6.2M-5.24M-4.05M-161K
CapEx % of Revenue0.11%0%1.95%0.29%0.29%0.18%0%
Acquisitions-------
Investments-------
Other Investing14K651K0300K002.17M
Cash from Financing+25.25K288.84M102.01M98.56M119.84M24.09M6.7M
Debt Issued (Net)-------
Equity Issued (Net)-------
Dividends Paid0000000
Share Repurchases-------
Other Financing2500-265K97.92M27.26M7.35M-459K
Net Change in Cash-------
Free Cash Flow+-1.92M-1.1M-91.03M-116.3M-143.11M-42.73M-6.56M
FCF Margin %-0.11%-0.05%-6.38%-5.45%-7.96%-1.88%-0.12%
FCF Growth %-0.43%-81.92%-0.28%-0.23%0.7%0.85%
FCF per Share-0.53-0.46-49.42-17.34-9.55-2.40-0.30
FCF Conversion (FCF/Net Income)0.49x0.01x0.30x1.10x-9.72x0.20x0.11x
Interest Paid000146K01.07M144K
Taxes Paid0013K0000

Key Ratios

Metric2018201920202021202220232024
Return on Equity (ROE)--307.66%-265.99%-169.5%9.51%-163.67%-232.51%
Return on Invested Capital (ROIC)--287.52%-171.55%-185.14%-11.17%-80.87%-31.43%
Gross Margin62.66%70.09%65.46%54.76%-9.4%29.66%72.36%
Net Margin-0.01%-1001.94%-1458.42%-469.27%78.95%-862.04%-106.77%
Debt / Equity-0.20x1.64x0.31x0.33x1.60x7.79x
Interest Coverage---64.54x-34.39x--63.78x-6.12x
FCF Conversion0.49x0.01x0.30x1.10x-9.72x0.20x0.11x
Revenue Growth-20.47%-32.48%49.43%-15.75%26.68%138.11%

Revenue by Segment

2021202220232024
Product3.8M3.75M13.15M35.34M
Product Growth--1.37%250.73%168.74%
License Royalty and Other---13.74M
License Royalty and Other Growth----
Service5.52M5.51M5.44M5.14M
Service Growth--0.18%-1.29%-5.53%
License Royalty And Other12.01M8.71M5.74M-
License Royalty And Other Growth--27.46%-34.15%-

Frequently Asked Questions

Growth & Financials

Celularity Inc. (CELU) reported $40.6M in revenue for fiscal year 2024. This represents a 131% increase from $17.6M in 2018.

Celularity Inc. (CELU) grew revenue by 138.1% over the past year. This is strong growth.

Celularity Inc. (CELU) reported a net loss of $80.6M for fiscal year 2024.

Dividend & Returns

Celularity Inc. (CELU) has a return on equity (ROE) of -232.5%. Negative ROE indicates the company is unprofitable.

Celularity Inc. (CELU) had negative free cash flow of $6.6M in fiscal year 2024, likely due to heavy capital investments.

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