LRMR Chart
About

Larimar Therapeutics, Inc., a clinical-stage biotechnology company, focuses on developing treatments for rare diseases using its novel cell penetrating peptide technology platform. Its lead product candidate is CTI-1601, which is in Phase 2 OLE clinical trial for the treatment of Friedreich's ataxia, a rare, progressive and fatal genetic disease. The company is based in Bala Cynwyd, Pennsylvania.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 457.87M
Enterprise Value 205.51M Income -132.00M Sales
Book/sh 1.62 Cash/sh 2.05 Dividend Yield
Payout 0.00% Employees 65 IPO
P/E Forward P/E -2.40 PEG
P/S P/B 2.72 P/C
EV/EBITDA -1.47 EV/Sales Quick Ratio 3.91
Current Ratio 4.06 Debt/Eq 3.13 LT Debt/Eq
EPS (ttm) -1.96 EPS next Y -1.84 EPS Growth
Revenue Growth Earnings 2026-03-30 ROA -42.99%
ROE -78.24% ROIC Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 103.59M
Shs Float 51.16M Short Float 10.27% Short Ratio 0.96
Short Interest 52W High 6.42 52W Low 1.61
Beta 0.96 Avg Volume 4.17M Volume 658.68K
Target Price $16.60 Recom Strong_buy Prev Close $4.40
Price $4.42 Change 0.45%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$16.60
Mean price target
2. Current target
$4.38
Latest analyst target
3. DCF / Fair value
$-8.51
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.38
Low
$7.00
High
$26.00
Mean
$16.60

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-03 main Wedbush Outperform → Outperform $12
2026-02-25 main Citigroup Buy → Buy $14
2026-02-25 reit Wedbush Outperform → Outperform $11
2025-10-02 main Oppenheimer Outperform → Outperform $21
2025-09-30 main Wedbush Outperform → Outperform $11
2025-09-30 main Baird Outperform → Outperform $7
2025-08-19 reit JMP Securities Market Outperform → Market Outperform $18
2025-08-15 main JMP Securities Market Outperform → Market Outperform $18
2025-06-25 reit Guggenheim Buy → Buy $26
2025-06-24 main Wedbush Outperform → Outperform $15
2025-06-24 reit Guggenheim Buy → Buy $26
2025-03-25 reit Guggenheim Buy → Buy $26
2025-03-25 main Baird Outperform → Outperform $10
2025-03-25 main HC Wainwright & Co. Buy → Buy $16
2025-01-29 init Truist Securities — → Buy $18
2025-01-24 reit HC Wainwright & Co. Buy → Buy $15
2024-12-17 reit HC Wainwright & Co. Buy → Buy $15
2024-12-16 reit HC Wainwright & Co. Buy → Buy $15
2024-11-18 reit HC Wainwright & Co. Buy → Buy $15
2024-10-31 reit HC Wainwright & Co. Buy → Buy $15
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 5000 25000 Purchase at price 5.00 per share. SHERMAN JEFFREY W Director 2026-02-27 00:00:00 D
1 5000 25000 Purchase at price 5.00 per share. THOMAS FRANK E Director 2026-02-27 00:00:00 D
2 5000000 25000000 Purchase at price 5.00 per share. FLYNN JAMES E Director and Beneficial Owner of more than 10% of a Class of Security 2026-02-27 00:00:00 I
3 100000 500000 Purchase at price 5.00 per share. HAMILTON THOMAS EDWARD Director 2026-02-27 00:00:00 D
4 100100 Stock Award(Grant) at price 0.00 per share. BEN MAIMON CAROLE S Chief Executive Officer 2026-01-26 00:00:00 D
5 37604 Stock Award(Grant) at price 0.00 per share. CELANO MICHAEL Chief Financial Officer 2026-01-26 00:00:00 D
6 25637 Stock Award(Grant) at price 0.00 per share. CLAYTON RUSSELL Officer 2026-01-26 00:00:00 D
7 25637 Stock Award(Grant) at price 0.00 per share. SHANKAR GOPI Officer 2026-01-26 00:00:00 D
8 9375000 30000000 Purchase at price 3.20 per share. FLYNN JAMES E Director and Beneficial Owner of more than 10% of a Class of Security 2025-07-31 00:00:00 I
9 91000 Stock Award(Grant) at price 0.00 per share. BEN MAIMON CAROLE S Chief Executive Officer 2025-01-22 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-90.57M-41.45M-36.21M-50.14M
NetIncomeFromContinuingOperationNetMinorityInterest-80.60M-36.95M-35.35M-50.64M
ReconciledDepreciation318.00K311.00K318.00K326.00K
EBITDA-90.57M-41.45M-36.21M-50.14M
EBIT-90.89M-41.76M-36.53M-50.47M
NormalizedIncome-80.60M-36.95M-35.35M-50.64M
NetIncomeFromContinuingAndDiscontinuedOperation-80.60M-36.95M-35.35M-50.64M
TotalExpenses90.89M41.76M36.53M50.47M
TotalOperatingIncomeAsReported-90.89M-41.76M-36.53M-50.47M
DilutedAverageShares61.26M43.90M25.76M17.16M
BasicAverageShares61.26M43.90M25.76M17.16M
DilutedEPS-1.32-0.84-1.37-2.95
BasicEPS-1.32-0.84-1.37-2.95
DilutedNIAvailtoComStockholders-80.60M-36.95M-35.35M-50.64M
NetIncomeCommonStockholders-80.60M-36.95M-35.35M-50.64M
NetIncome-80.60M-36.95M-35.35M-50.64M
NetIncomeIncludingNoncontrollingInterests-80.60M-36.95M-35.35M-50.64M
NetIncomeContinuousOperations-80.60M-36.95M-35.35M-50.64M
PretaxIncome-80.60M-36.95M-35.35M-50.64M
OtherIncomeExpense10.29M4.81M1.17M-171.00K
OtherNonOperatingIncomeExpenses10.29M4.81M1.17M-171.00K
OperatingIncome-90.89M-41.76M-36.53M-50.47M
OperatingExpense90.89M41.76M36.53M50.47M
ResearchAndDevelopment73.28M27.67M24.25M38.40M
SellingGeneralAndAdministration17.61M14.09M12.28M12.07M
GeneralAndAdministrativeExpense17.61M14.09M12.28M12.07M
OtherGandA17.61M14.09M12.28M12.07M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber63.82M43.91M43.27M17.71M
ShareIssued63.82M43.91M43.27M17.71M
TotalDebt5.12M5.55M5.41M6.00M
TangibleBookValue171.81M81.72M110.90M64.41M
InvestedCapital171.81M81.72M110.90M64.41M
WorkingCapital170.95M80.67M110.03M63.36M
NetTangibleAssets171.81M81.72M110.90M64.41M
CapitalLeaseObligations5.12M5.55M5.41M6.00M
CommonStockEquity171.81M81.72M110.90M64.41M
TotalCapitalization171.81M81.72M110.90M64.41M
TotalEquityGrossMinorityInterest171.81M81.72M110.90M64.41M
StockholdersEquity171.81M81.72M110.90M64.41M
GainsLossesNotAffectingRetainedEarnings148.00K81.00K-31.00K0.00
OtherEquityAdjustments148.00K81.00K-31.00K
RetainedEarnings-269.16M-188.55M-151.60M-116.25M
AdditionalPaidInCapital440.76M270.15M262.50M180.65M
CapitalStock64.00K43.00K43.00K18.00K
CommonStock64.00K43.00K43.00K18.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest28.41M14.21M15.50M14.25M
TotalNonCurrentLiabilitiesNetMinorityInterest4.06M4.71M4.80M5.41M
LongTermDebtAndCapitalLeaseObligation4.06M4.71M4.80M5.41M
LongTermCapitalLeaseObligation4.06M4.71M4.80M5.41M
CurrentLiabilities24.36M9.51M10.71M8.85M
CurrentDebtAndCapitalLeaseObligation1.06M837.00K611.00K594.00K
CurrentCapitalLeaseObligation1.06M837.00K611.00K594.00K
PayablesAndAccruedExpenses23.30M8.67M10.09M8.25M
CurrentAccruedExpenses20.87M7.39M8.41M6.59M
Payables2.42M1.28M1.69M1.66M
AccountsPayable2.42M1.28M1.69M1.66M
TotalAssets200.22M95.94M126.41M78.67M
TotalNonCurrentAssets4.92M5.76M5.67M6.46M
OtherNonCurrentAssets1.20M2.00M1.98M2.01M
NetPPE3.72M3.76M3.69M4.46M
AccumulatedDepreciation-1.54M-1.23M-914.00K-596.00K
GrossPPE5.26M4.99M4.60M5.05M
Leases45.00K45.00K31.00K31.00K
OtherProperties4.54M4.27M4.05M4.50M
MachineryFurnitureEquipment672.00K672.00K522.00K522.00K
Properties0.000.000.000.00
CurrentAssets195.30M90.17M120.74M72.20M
OtherCurrentAssets517.00K377.00K238.00K279.00K
PrepaidAssets10.28M2.68M2.07M1.62M
Receivables1.05M332.00K0.00208.00K
TaxesReceivable0.00208.00K
AccruedInterestReceivable1.05M332.00K
CashCashEquivalentsAndShortTermInvestments183.45M86.79M118.43M70.10M
OtherShortTermInvestments150.24M60.04M91.60M0.00
CashAndCashEquivalents33.22M26.75M26.82M70.10M
CashEquivalents26.70M24.70M22.18M14.90M
CashFinancial6.52M2.05M4.64M55.19M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-71.28M-33.62M-27.67M-42.44M
IssuanceOfCapitalStock161.81M0.0075.26M19.89M
CapitalExpenditure-515.00K-164.00K-100.00K-333.00K
EndCashPosition33.82M28.09M28.16M71.44M
BeginningCashPosition28.09M28.16M71.44M69.49M
ChangesInCash5.74M-76.00K-43.27M1.95M
FinancingCashFlow161.88M30.00K75.26M19.89M
CashFlowFromContinuingFinancingActivities161.88M30.00K75.26M19.89M
ProceedsFromStockOptionExercised77.00K30.00K0.00
NetCommonStockIssuance161.81M0.0075.26M19.89M
CommonStockIssuance161.81M0.0075.26M19.89M
InvestingCashFlow-85.39M33.35M-90.96M24.17M
CashFlowFromContinuingInvestingActivities-85.39M33.35M-90.96M24.17M
NetInvestmentPurchaseAndSale-84.87M33.52M-90.86M24.50M
SaleOfInvestment143.00M134.75M42.75M32.75M
PurchaseOfInvestment-227.87M-101.23M-133.61M-8.25M
NetBusinessPurchaseAndSale0.00
PurchaseOfBusiness0.00
NetPPEPurchaseAndSale-515.00K-164.00K-100.00K-333.00K
PurchaseOfPPE-515.00K-164.00K-100.00K-333.00K
OperatingCashFlow-70.76M-33.46M-27.57M-42.10M
CashFlowFromContinuingOperatingActivities-70.76M-33.46M-27.57M-42.10M
ChangeInWorkingCapital6.17M-2.51M1.67M2.73M
ChangeInOtherCurrentLiabilities-515.00K
ChangeInOtherCurrentAssets63.00K-21.00K31.00K-250.00K
ChangeInPayablesAndAccruedExpense14.58M-1.43M1.84M-225.00K
ChangeInAccruedExpense13.44M-1.02M1.82M749.00K
ChangeInPayable1.14M-403.00K26.00K-974.00K
ChangeInAccountPayable1.14M-403.00K26.00K-974.00K
ChangeInPrepaidAssets-8.46M-1.06M-204.00K3.21M
OtherNonCashItems-189.00K-82.00K-46.00K15.00K
StockBasedCompensation8.80M7.62M6.62M5.47M
AmortizationOfSecurities-5.26M-1.84M-774.00K-14.00K
DepreciationAmortizationDepletion318.00K311.00K318.00K326.00K
DepreciationAndAmortization318.00K311.00K318.00K326.00K
Depreciation318.00K311.00K318.00K326.00K
OperatingGainsLosses-1.00K
GainLossOnSaleOfPPE0.00-1.00K
NetIncomeFromContinuingOperations-80.60M-36.95M-35.35M-50.64M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for LRMR
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status