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Century Therapeutics (IPSC) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 19, 2025

Century Therapeutics (IPSC) reported revenue of $4.2M for the fourth quarter 2024 (Q4 2024), up 16-fold from a year earlier and +428% from the quarter before. Operating margin was -893.5%, net loss $36.1M (864.4% of revenue).

Revenue$4.2M
Year over year16×
Quarter over quarter+428%
Operating margin-893.5%
Net earnings−$36.1M

Century Therapeutics, Q4 2024: revenue $4.2M (16× year over year), operating margin -893.5%, net loss $36.1M, operating cash flow −$24.2M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$4.2M+428%16×
Operating profit−$37.3M——
Net earnings−$36.1M——
Operating cash flow−$24.2M——

What changed

Revenue was $4.2M in Q4 2024, up 1457% year over year and up 428% from the previous quarter.

Operating costs exceeded revenue by $37.3M, an operating margin of -893.5%. Total costs fell 6% while revenue rose 1457%. The fastest-growing cost line was Research & development (+32%). The quarter ended with a net loss of $36.1M, wider than the previous quarter's $31.2M loss.

Operating cash flow was −$24.2M. Non-cash charges added back $3.3M of depreciation and $2.7M of share-based compensation. Working capital and other items added $5.9M.

Questions

What was Century Therapeutics' revenue in the fourth quarter 2024?

Century Therapeutics (IPSC) reported revenue of $4.2M for the fourth quarter 2024 (Q4 2024), up 16-fold from a year earlier and +428% from the quarter before.

Was Century Therapeutics profitable in the fourth quarter 2024?

Operating loss was $37.3M (-893.5% of revenue) and net loss $36.1M.

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Source: Century Therapeutics 10-K on SEC EDGAR.