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CDT Equity Inc.(CDT)Earnings, Financials & Key Ratios
CDT•NASDAQ
$2.26
$399656 mkt cap·0.0× P/E·Price updated May 6, 2026
AboutCDT Equity, Inc. engages in facilitating the development and commercialization of clinical assets. The company was founded by David Joszef Tapolczay and Freda C. Lewis-Hall in October 2021 is headquartered in Naples, FL.Show more
- Revenue$2.72B
- EBITDA$369M+2566.6%
- Net Income$238M+1434.2%
- EPS (Diluted)1477.50+128.8%
- Gross Margin37.98%
- EBITDA Margin13.59%
- Operating Margin11.63%
- Net Margin8.75%
- ROE37.77%
- ROIC21.92%
- Debt/Equity1.02
- Interest Coverage6.86+163.4%
CDT Key Insights
CDT Equity Inc. (CDT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 37.8%
- ✓Trading at only 0.0x book value
✗Weaknesses
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 0 (bottom 0%)
- ✗Shares diluted 100.0% 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.
CDT Price & Volume
CDT Equity Inc. (CDT) stock price & volume — 10-year historical chart
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CDT Growth Metrics
CDT Equity Inc. (CDT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM187.12%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM103.52%
Return on Capital
10 Years-5402.35%
5 Years-5402.35%
3 Years-409.17%
Last Year22.24%
CDT Peer Comparison
CDT Equity Inc. (CDT) competitors in Royalty and IP Monetization Vehicles — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CSWC | 1.44B | 24.19 | 16.46 | 7.67% | 10.32% | 1.08 | ||
 TPVG | 225.54M | 5.57 | 4.57 | 36.55% | 13.09% | 1.33 | ||
 GAIN | 665.43M | 16.71 | 9.39 | -12.88% | 21.89% | 0.91 | ||
 MRCC | 110.06M | 5.08 | 9.58 | -39.74% | -2.9% | 1.15 | ||
 HRZN | 218.97M | 4.58 | 4.36 | 17.91% | 8.95% | 1.49 | ||
 SUNS | 103.48M | 7.71 | 8.12 | 148.14% | 46.04% | 6.6% | 0.67 | |
 ARCC | 13.76B | 19.16 | 10.30 | 32.87% | 8.11% | 1.12 | ||
 GBDC | 3.47B | 13.31 | 9.37 | 42.5% | 5.24% | 1.23 |
Compare CDT vs Peers
CDT Equity Inc. (CDT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CDT Income Statement
CDT Equity Inc. (CDT) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 2.72B | 696.38M |
| Revenue Growth % | - | - | - | - | - | - |
| Cost of Goods Sold | 0 | 0 | 0 | 457K | 1.68B | 439.69M |
| COGS % of Revenue | - | - | - | - | 62.02% | - |
| Gross Profit | 0▲ 0% | 0▲ 0% | 0▲ 0% | -457K▲ 0% | 1.03B▲ 225739.4% | 256.69M▲ 0% |
| Gross Margin % | - | - | - | - | 37.98% | 36.86% |
| Gross Profit Growth % | - | - | - | - | 225739.39% | - |
| Operating Expenses | 3.17M | 3.16M | 5.26M | 14.96M | 715.48M | 200.48M |
| OpEx % of Revenue | - | - | - | - | 26.35% | - |
| Selling, General & Admin | 2.89M | 3.05M | 5.17M | 11.58M | 533.37M | 669.32M |
| SG&A % of Revenue | - | - | - | - | 19.64% | - |
| Research & Development | 283K | 111K | 90K | 3.38M | 128.76M | 34.23M |
| R&D % of Revenue | - | - | - | - | 4.74% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 53.36M | -1.88M |
| Operating Income | -3.17M▲ 0% | -3.16M▲ 0.4% | -5.26M▼ 66.5% | -15.42M▼ 193.0% | 315.69M▲ 2147.4% | 44.82M▲ 0% |
| Operating Margin % | - | - | - | - | 11.63% | 6.44% |
| Operating Income Growth % | - | 0.41% | -66.52% | -193.03% | 2147.42% | - |
| EBITDA | -3.17M | -4.89M | 3.05M | -14.96M | 369.05M | 47.05M |
| EBITDA Margin % | - | - | - | - | 13.59% | 6.76% |
| EBITDA Growth % | - | -54.02% | 162.47% | -590.08% | 2566.57% | 368.07% |
| D&A (Non-Cash Add-back) | 0 | 0 | 0 | 457K | 53.36M | 2.23M |
| EBIT | -3.17M | -4.89M | 3.05M | -16.3M | 318.16M | -34.29M |
| Net Interest Income | 0 | 1.98M | -196K | -1.49M | -46.35M | -46.19M |
| Interest Income | 0 | 1.98M | 15K | 13K | 0 | -8K |
| Interest Expense | 0 | 0 | 211K | 1.51M | 46.35M | 32.72M |
| Other Income/Expense | -484K | -1.73M | 8.1M | -2.38M | -48.83M | -16.61M |
| Pretax Income | -3.66M▲ 0% | -4.89M▼ 33.6% | 2.84M▲ 158.2% | -17.8M▼ 726.4% | 266.87M▲ 1599.1% | 28.2M▲ 0% |
| Pretax Margin % | - | - | - | - | 9.83% | 4.05% |
| Income Tax | 0 | 0 | 0 | 0 | 29.34M | -11.84M |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 11% | -41.98% |
| Net Income | -3.66M▲ 0% | -4.89M▼ 33.6% | -535K▲ 89.1% | -17.8M▼ 3227.5% | 237.52M▲ 1434.2% | 16.56M▲ 0% |
| Net Margin % | - | - | - | - | 8.75% | 2.38% |
| Net Income Growth % | - | -33.63% | 89.05% | -3227.48% | 1434.24% | 187.12% |
| Net Income (Continuing) | -3.66M | -4.89M | 2.84M | -17.8M | 237.52M | 16.56M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -252.50▲ 0% | -16.88▲ 93.3% | -900.00▼ 5233.3% | -5132.50▼ 470.3% | 1477.50▲ 128.8% | 0.42▲ 0% |
| EPS Growth % | - | 93.32% | -5233.33% | -470.28% | 128.79% | 103.52% |
| EPS (Basic) | -252.50 | -16.88 | -900.00 | -5132.50 | 1500.00 | - |
| Diluted Shares Outstanding | 2 | 14.48K | 6.79K | 8.26K | 160.84K | 39.4M |
| Basic Shares Outstanding | 2 | 14.48K | 6.7K | 8.14K | 158.42K | 38.81M |
| Dividend Payout Ratio | - | - | - | - | - | - |
CDT Balance Sheet
CDT Equity Inc. (CDT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
| Total Current Assets | 104.16K | 0 | 5.73M | 2.71M | 1.35B | 1.28B |
| Cash & Short-Term Investments | 48.55K | 0 | 4.23M | 554K | 389.89M | 272.15M |
| Cash Only | 48.55K | 0 | 4.23M | 554K | 389.89M | 272.15M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 0 | 489K | 462.85M | 499.09M |
| Days Sales Outstanding | - | - | - | - | 62.22 | 126.13 |
| Inventory | 0 | 0 | 0 | 0 | 402.35M | 423.12M |
| Days Inventory Outstanding | - | - | - | - | 87.21 | 171.31 |
| Other Current Assets | 0 | 0 | 0 | 0 | 94.3M | 85.52M |
| Total Non-Current Assets | 108.96K | 5K | 1.49M | 1.48M | 2.19B | 2.12B |
| Property, Plant & Equipment | 0 | 0 | 0 | 303K | 566.02M | 675.14M |
| Fixed Asset Turnover | - | - | - | - | 4.80x | 2.24x |
| Goodwill | 0 | 0 | 0 | 1.02B | 1.04B | 1.03B |
| Intangible Assets | 0 | 5K | 0 | 419.07M | 399.8M | 392.43M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 108.96K | 0 | 1.49M | -1.44B | 177.09M | 179.05M |
| Total Assets | 213.13K▲ 0% | 5K▼ 97.7% | 7.22M▲ 144380.0% | 4.19M▼ 42.0% | 3.54B▲ 84412.8% | 3.4B▲ 0% |
| Asset Turnover | - | - | - | - | 0.77x | 0.40x |
| Asset Growth % | - | -97.65% | 144380% | -41.96% | 84412.78% | 131021.77% |
| Total Current Liabilities | 192.51K | 4.18M | 1.8M | 10.74M | 697.5M | 613.63M |
| Accounts Payable | 0 | 0 | 215K | 1.43M | 361.43M | 326.93M |
| Days Payables Outstanding | - | - | - | 1.14K | 78.34 | 143.25 |
| Short-Term Debt | 177.06K | 175K | 985K | 7.35M | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 15.45K | 3.29M | 0 | 0 | 0 | 286.7M |
| Current Ratio | 0.54x | - | 3.18x | 0.25x | 1.93x | 1.93x |
| Quick Ratio | 0.54x | - | 3.18x | 0.25x | 1.36x | 1.36x |
| Cash Conversion Cycle | - | - | - | - | 71.09 | 154.2 |
| Total Non-Current Liabilities | 0 | 5.92M | 5.88M | 245K | 1.58B | 1.5B |
| Long-Term Debt | 0 | 1.83M | 0 | 0 | 1.29B | 1.35B |
| Capital Lease Obligations | 0 | 0 | 0 | 107K | 0 | 54K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 98.06M | 210.52M |
| Other Non-Current Liabilities | 0 | -545.75K | 5.88M | 138K | 197.97M | 234.24M |
| Total Liabilities | 192.51K | 10.09M | 7.68M | 10.99M | 2.28B | 2.11B |
| Total Debt | 177.06K | 2.01M | 985K | 7.46M | 1.29B | 1.35B |
| Net Debt | 128.5K | 2.01M | -3.24M | 6.9M | 895.78M | 1.08B |
| Debt / Equity | 8.59x | - | - | - | 1.02x | 1.02x |
| Debt / EBITDA | - | - | 0.32x | - | 3.48x | 28.70x |
| Net Debt / EBITDA | - | - | -1.06x | - | 2.43x | 2.43x |
| Interest Coverage | - | - | 14.47x | -10.82x | 6.86x | -1.05x |
| Total Equity | 20.62K▲ 0% | -10.09M▼ 49030.6% | -457K▲ 95.5% | -6.79M▼ 1386.4% | 1.26B▲ 18713.6% | 1.28B▲ 0% |
| Equity Growth % | - | -49030.6% | 95.47% | -1386.43% | 18713.63% | 66673.62% |
| Book Value per Share | 8946.89 | -696.58 | -67.31 | -822.42 | 7861.38 | 32.57 |
| Total Shareholders' Equity | 20.62K | -10.09M | -457K | -6.79M | 1.26B | 1.28B |
| Common Stock | 331 | 6K | 7K | 14K | 503K | 503K |
| Retained Earnings | -4.38K | -10.77M | -11.3M | -29.1M | 1.41B | 1.45B |
| Treasury Stock | 0 | 0 | 0 | 0 | -911.9M | 0 |
| Accumulated OCI | 0 | 675K | 411K | 414K | -97.2M | -95.72M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
CDT Cash Flow Statement
CDT Equity Inc. (CDT) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
| Cash from Operations | -2.15M | -2.27M | -7.72M | -9.68M | -15.55M | -15.55M |
| Operating CF Margin % | - | - | - | - | -0.57% | - |
| Operating CF Growth % | - | -5.35% | -240.91% | -25.33% | -60.66% | 4909.97% |
| Net Income | -3.66M | -4.89M | -535K | -17.8M | -39.22M | 16.56M |
| Depreciation & Amortization | 0 | 0 | 0 | 457K | 2.42M | 132.1M |
| Stock-Based Compensation | 0 | 0 | 199K | 1.63M | 2.18M | 31.4M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 5.03M |
| Other Non-Cash Items | 149K | 2.02M | -4.87M | 6.17M | 14.33M | -331.96M |
| Working Capital Changes | 1.36M | 596K | -2.52M | -142K | 4.73M | 5.94M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | -37.91M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | -21.88M |
| Change in Payables | 0 | 0 | 215K | 1.23M | 434K | -18.28M |
| Cash from Investing | 0 | -183K | 725K | -43K | -808K | -83.6M |
| Capital Expenditures | 0 | 0 | 0 | -51K | -405K | -148.36M |
| CapEx % of Revenue | - | - | - | - | 0.01% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | -174K |
| Investments | - | - | - | - | - | - |
| Other Investing | 0 | -331K | 228K | 0 | -403K | 64.94M |
| Cash from Financing | 1.9M | 2.45M | 10.93M | 6.07M | 17.42M | -101.75M |
| Debt Issued (Net) | 688K | 1.11M | 2.29M | 2.45M | -2.17M | -37K |
| Equity Issued (Net) | 1.21M | 1.34M | 0 | 3.33M | 19.59M | 11.53M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | -3.95M |
| Share Repurchases | 0 | 0 | 0 | 0 | -106K | -106K |
| Other Financing | 0 | 0 | 8.64M | 289K | 0 | -109.3M |
| Net Change in Cash | -252K▲ 0% | 0▲ 100.0% | 4.23M▲ 0% | -3.67M▼ 186.9% | 955K▲ 126.0% | -106.09M▲ 0% |
| Free Cash Flow | -2.15M▲ 0% | -2.27M▼ 5.3% | -7.72M▼ 240.9% | -9.73M▼ 26.0% | -17.96M▼ 84.5% | -5.96M▲ 0% |
| FCF Margin % | - | - | - | - | -0.66% | -0.86% |
| FCF Growth % | - | -5.35% | -240.91% | -25.99% | -84.51% | 81.47% |
| FCF per Share | -933350.69 | -156.45 | -1137.80 | -1178.36 | -111.65 | -111.65 |
| FCF Conversion (FCF/Net Income) | 0.59x | 0.46x | 14.44x | 0.54x | -0.07x | -0.36x |
| Interest Paid | 0 | 0 | 124K | 80K | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 |
CDT Key Ratios
CDT Equity Inc. (CDT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | - | 37.77% | 2.59% |
| Return on Invested Capital (ROIC) | - | - | - | 21.92% | 21.92% |
| Gross Margin | - | - | - | 37.98% | 36.86% |
| Net Margin | - | - | - | 8.75% | 2.38% |
| Debt / Equity | - | - | - | 1.02x | 1.02x |
| Interest Coverage | - | 14.47x | -10.82x | 6.86x | -1.05x |
| FCF Conversion | 0.46x | 14.44x | 0.54x | -0.07x | -0.36x |
CDT SEC Filings & Documents
CDT Equity Inc. (CDT) SEC filings — annual & quarterly reports (10-K, 10-Q)
CDT Frequently Asked Questions
CDT Equity Inc. (CDT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
CDT Equity Inc. (CDT) reported $696.4M in revenue for fiscal year 2025.
CDT Equity Inc. (CDT) grew revenue by 0.0% over the past year. Growth has been modest.
Yes, CDT Equity Inc. (CDT) is profitable, generating $16.6M in net income for fiscal year 2025 (8.7% net margin).
Dividend & Returns
CDT Equity Inc. (CDT) has a return on equity (ROE) of 37.8%. This is excellent, indicating efficient use of shareholder capital.
CDT Equity Inc. (CDT) had negative free cash flow of $6.0M in fiscal year 2025, likely due to heavy capital investments.
Explore More CDT
CDT Equity Inc. (CDT) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates