Cardiol Therapeutics Inc. logo

Cardiol Therapeutics Inc.

CRDL

NASDAQHealthcareDrug Manufacturers - Specialty & Generic

Regular session

$1.775

−$0.085 · -4.57%

Aug 24, 10:11 AM ET

CRDL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

28

Expensive

Momentum

30

Weakening

Sentiment

43

Mixed

Risk resilience

49

Elevated Risk

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Company profile

Company website

Cardiol Therapeutics Inc. is a clinical-stage life sciences firm dedicated to discovering and advancing anti-fibrotic and anti-inflammatory therapies for cardiovascular disease (CVD). Its leading candidate, CardiolRx, is currently undergoing a multi-national, randomized, double-blind, placebo-controlled Phase II/III study. This pivotal trial assesses CardiolRx's safety and effectiveness as a cardioprotective treatment to diminish cardiovascular and respiratory complications in hospitalized COVID-19 patients, while also investigating its potential for acute myocarditis. Furthermore, the company is developing a subcutaneous version of CardiolRx, aimed at addressing the cardiac fibrosis and inflammation linked to the onset and progression of heart failure. Cardiol Therapeutics Inc. was established in 2017 and operates from its headquarters in Oakville, Canada.

Industry
Drug Manufacturers - Specialty & Generic
Sector
Healthcare
Headquarters
CA
CEO
David G. Elsley
Listed since
Jan 15, 2019
Employees
18

Market position

Day range

Current $1.775

52-week range

Current $1.775

Open
$1.88
Previous close
$1.86
Volume
317.12K
0.44× average
Average volume
719.26K
Average daily volume
Market cap
204.61M USD
Beta
0.47
Market reference 1
50-day average
$1.2584
+41.05% above average
200-day average
$1.1546
+53.73% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
92.56M CAD
P/E (TTM)
-7.15×
P/B (TTM)
11.77×
P/S (TTM)
EV / EBITDA
-2.75×
Earnings yield
-29.71%
Free cash flow yield
-20.97%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
0.00%
Operating margin
0.00%
Net margin
0.00%
Return on equity
-189.17%
Return on assets
-143.18%
Return on invested capital
-190.61%

Financial health

Debt / equity
Current ratio
4.16×
Altman Z-score
19.27
Piotroski F-score
2 of 9

Financial statements

Income trends

Operating income

−34.32M CAD+14.80%

Net income

−33.82M CAD+7.79%
Income trends across reported periods−19.32M CAD−26.94M CAD−34.56M CAD−42.18M CADOperating income, FY2021: −30.57M CADOperating income, FY2022: −30.49M CADOperating income, FY2023: −22.47M CADOperating income, FY2024: −40.28M CADOperating income, FY2025: −34.32M CADNet income, FY2021: −25.01M CADNet income, FY2022: −22.82M CADNet income, FY2023: −21.22M CADNet income, FY2024: −36.68M CADNet income, FY2025: −33.82M CADFY2021FY2022FY2023FY2024FY2025
Operating income FY2021 −30.57M CAD. Operating income FY2022 −30.49M CAD. Operating income FY2023 −22.47M CAD. Operating income FY2024 −40.28M CAD. Operating income FY2025 −34.32M CAD. Net income FY2021 −25.01M CAD. Net income FY2022 −22.82M CAD. Net income FY2023 −21.22M CAD. Net income FY2024 −36.68M CAD. Net income FY2025 −33.82M CAD.
Metric (CAD)FY2025FY2024FY2023FY2022FY2021
Revenue62.27K CAD
Cost of goods sold187.38K CAD162.23K CAD174.26K CAD
Gross profit−187.38K CAD−162.23K CAD−112K CAD
Research and development14.02M CAD14.01M CAD10.73M CAD13.99M CAD8.59M CAD
Selling, general, and administrative20.2M CAD25.89M CAD11.55M CAD16.34M CAD21.86M CAD
Operating expenses34.32M CAD40.28M CAD22.29M CAD30.33M CAD30.46M CAD
Interest income726.4K CAD1.19M CAD2.04M CAD1.24M CAD106K CAD
Depreciation and amortization101.98K CAD162.11K CAD187.38K CAD162.23K CAD174.26K CAD
Operating income−34.32M CAD−40.28M CAD−22.47M CAD−30.49M CAD−30.57M CAD
Net income−33.82M CAD−36.68M CAD−21.22M CAD−22.82M CAD−25.01M CAD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 2 misses, 2 met estimates
Average EPS surprise
+9.45%
11 comparable reports
Latest EPS result
-0.04
Estimate -0.09 · Beat by 55.56%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.03-0.07-0.11-0.15Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MetQ1 '26BeatQ2 '26MetQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 31, 2025: actual -0.07, estimate -0.08, surprise +12.50%, Beat. Q2 2025, reported May 14, 2025: actual -0.07, estimate -0.09, surprise +22.22%, Beat. Q3 2025, reported Aug 14, 2025: actual -0.07, estimate -0.11, surprise +36.36%, Beat. Q4 2025, reported Nov 13, 2025: actual -0.09, estimate -0.09, surprise 0.00%, Met estimate. Q1 2026, reported Mar 30, 2026: actual -0.051, estimate -0.09, surprise +43.37%, Beat. Q2 2026, reported May 11, 2026: actual -0.07, estimate -0.07, surprise 0.00%, Met estimate. Q3 2026, reported Aug 13, 2026: actual -0.04, estimate -0.09, surprise +55.56%, Beat. Q4 2026, reported Nov 12, 2026: actual —, estimate -0.08, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$8.00

350.70% upside
Past 12 months12-month forecastHigh $8.00Average $8.00Low $8.00

Recent analyst actions

2 institutions

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