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Healthcare - Biotechnology - NASDAQ - US
$ 6.69
-11.6 %
$ 427 M
Market Cap
-5.82
P/E
1. INTRINSIC VALUE

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 1 clinical trial for the treatment of Friedreich's ataxia, a rare, progressive, and fatal genetic disease. The company is based in Bala Cynwyd, Pennsylvania.[ Read More ]

The intrinsic value of one LRMR stock under the base case scenario is HIDDEN Compared to the current market price of 6.69 USD, Larimar Therapeutics, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart LRMR

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FINANCIALS
0 REVENUE
0.00%
-41.8 M OPERATING INCOME
-14.32%
-36.9 M NET INCOME
-4.51%
-33.5 M OPERATING CASH FLOW
-21.36%
33.4 M INVESTING CASH FLOW
136.67%
30 K FINANCING CASH FLOW
-99.96%
0 REVENUE
0.00%
-18.3 M OPERATING INCOME
25.75%
-15.5 M NET INCOME
28.33%
-24.5 M OPERATING CASH FLOW
-75.48%
27.3 M INVESTING CASH FLOW
142.95%
30 K FINANCING CASH FLOW
108.98%
Balance Sheet Decomposition Larimar Therapeutics, Inc.
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Current Assets 90.2 M
Cash & Short-Term Investments 86.8 M
Receivables 0
Other Current Assets 3.38 M
Non-Current Assets 5.76 M
Long-Term Investments 1.34 M
PP&E 3.76 M
Other Non-Current Assets 659 K
Current Liabilities 9.51 M
Accounts Payable 1.28 M
Short-Term Debt 837 K
Other Current Liabilities 7.39 M
Non-Current Liabilities 4.71 M
Long-Term Debt 4.71 M
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Larimar Therapeutics, Inc.
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Revenue 0
Cost Of Revenue 311 K
Gross Profit -311 K
Operating Expenses 41.8 M
Operating Income -41.8 M
Other Expenses -4.81 M
Net Income -36.9 M
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-45.21% ROE
-45.21%
-38.51% ROA
-38.51%
-51.10% ROIC
-51.10%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Larimar Therapeutics, Inc.
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Net Income -36.9 M
Depreciation & Amortization 311 K
Capital Expenditures -164 K
Stock-Based Compensation 7.62 M
Change in Working Capital -2.51 M
Others -4.03 M
Free Cash Flow -33.6 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Larimar Therapeutics, Inc.
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Wall Street analysts predict an average 1-year price target for LRMR of $20.3 , with forecasts ranging from a low of $14 to a high of $25 .
LRMR Lowest Price Target Wall Street Target
14 USD 109.27%
LRMR Average Price Target Wall Street Target
20.3 USD 203.94%
LRMR Highest Price Target Wall Street Target
25 USD 273.69%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Larimar Therapeutics, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
38 M USD 3
6-9 MONTHS
18.7 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
9 months ago
Feb 16, 2024
Bought 500 K USD
Hamilton Thomas Edward
Director
+ 57208
8.74 USD
9 months ago
Feb 16, 2024
Bought 12.5 M USD
Flynn James E
director, 10 percent owner, other: * Director by Deputization
+ 1430206
8.74 USD
9 months ago
Feb 16, 2024
Bought 12.5 M USD
Flynn James E
director, 10 percent owner, other: * Director by Deputization
+ 1430206
8.74 USD
9 months ago
Feb 16, 2024
Bought 12.5 M USD
Flynn James E
director, 10 percent owner, other: * Director by Deputization
+ 1430205
8.74 USD
9 months ago
Feb 14, 2024
Bought 22 K USD
THOMAS FRANK E
Director
+ 2000
11 USD
11 months ago
Dec 07, 2023
Bought 18.7 K USD
Shankar Gopi
Chief Development Officer
+ 5000
3.7323 USD
1 year ago
May 17, 2023
Bought 18.6 K USD
Celano Michael
Chief Financial Officer
+ 5000
3.7263 USD
1 year ago
May 17, 2023
Bought 18.5 K USD
BEN-MAIMON CAROLE
President and CEO
+ 5000
3.705 USD
1 year ago
May 17, 2023
Bought 10.3 K USD
Truitt Joseph
Director
+ 2750
3.73 USD
2 years ago
Sep 16, 2022
Bought 8.75 M USD
Flynn James E
director, 10 percent owner:
+ 2777777
3.15 USD
2 years ago
Sep 16, 2022
Bought 8.75 M USD
Flynn James E
director, 10 percent owner:
+ 2777777
3.15 USD
2 years ago
Sep 16, 2022
Bought 8.75 M USD
Flynn James E
director, 10 percent owner:
+ 2777777
3.15 USD
2 years ago
Sep 16, 2022
Bought 8.75 M USD
Flynn James E
director, 10 percent owner:
+ 2777777
3.15 USD
2 years ago
Sep 16, 2022
Bought 1 M USD
Hamilton Thomas Edward
Director
+ 317460
3.15 USD
2 years ago
Sep 16, 2022
Bought 100 K USD
Celano Michael
Chief Financial Officer
+ 31746
3.15 USD
2 years ago
Sep 16, 2022
Bought 100 K USD
BEN-MAIMON CAROLE
President and CEO
+ 31746
3.15 USD
3 years ago
Jun 30, 2021
Bought 2 M USD
Flynn James E
director, 10 percent owner:
+ 228571
8.75 USD
3 years ago
Jun 30, 2021
Bought 2 M USD
Flynn James E
director, 10 percent owner:
+ 228570
8.75 USD
3 years ago
Jun 30, 2021
Bought 2 M USD
Flynn James E
director, 10 percent owner:
+ 228569
8.75 USD
3 years ago
Jun 30, 2021
Bought 496 K USD
Hamilton Thomas Edward
Director
+ 56710
8.75 USD
6 years ago
Jun 28, 2018
Sell 320 K USD
Hughes Thomas E.
See Remarks
- 32000
10 USD
6 years ago
Mar 07, 2018
Sell 50 K USD
Hughes Thomas E.
See Remarks
- 5000
10 USD
7 years ago
Oct 13, 2017
Bought 39 K USD
Heller Frances K
Director
+ 10000
3.8988 USD
7 years ago
Jul 11, 2017
Bought 33.9 K USD
KIM DENNIS D
Chief Medical Officer
+ 10000
3.39 USD
7 years ago
May 11, 2017
Bought 43.1 K USD
KIM DENNIS D
Chief Medical Officer
+ 9800
4.4 USD
7 years ago
May 10, 2017
Bought 880 USD
KIM DENNIS D
Chief Medical Officer
+ 200
4.4 USD
7 years ago
Dec 19, 2016
Bought 32.3 K USD
Heller Frances K
Director
+ 10000
3.229 USD
8 years ago
Nov 15, 2016
Bought 35.4 K USD
Heller Frances K
Director
+ 10000
3.5434 USD
8 years ago
Aug 29, 2016
Bought 30 K USD
Hughes Thomas E.
President and CEO
+ 10000
2.9987 USD
8 years ago
Jul 20, 2016
Sell 2.99 M USD
Flynn James E
10 percent owner
- 901430
3.3118 USD
8 years ago
Jul 20, 2016
Sell 816 K USD
Flynn James E
10 percent owner
- 246439
3.3118 USD
8 years ago
Jul 20, 2016
Sell 641 K USD
Flynn James E
10 percent owner
- 193630
3.3118 USD
8 years ago
Jul 22, 2016
Bought 15.1 K USD
Hughes Thomas E.
President and CEO
+ 5000
3.0208 USD
8 years ago
Jul 26, 2016
Bought 25.8 K USD
Allen Patricia L
Chief Financial Officer
+ 8200
3.15 USD
8 years ago
Jul 25, 2016
Bought 24 K USD
Allen Patricia L
Chief Financial Officer
+ 7800
3.081 USD
8 years ago
Jul 22, 2016
Bought 29.9 K USD
Heller Frances K
Director
+ 10000
2.99 USD
8 years ago
Feb 12, 2016
Bought 86.7 K USD
Flynn James E
10 percent owner
+ 13872
6.2466 USD
8 years ago
Feb 12, 2016
Bought 177 K USD
Flynn James E
10 percent owner
+ 28377
6.2466 USD
8 years ago
Feb 12, 2016
Bought 139 K USD
Flynn James E
10 percent owner
+ 22296
6.2466 USD
8 years ago
Feb 11, 2016
Bought 3.12 K USD
Flynn James E
10 percent owner
+ 504
6.1884 USD
8 years ago
Feb 10, 2016
Bought 203 K USD
Flynn James E
10 percent owner
+ 32501
6.2323 USD
8 years ago
Feb 09, 2016
Bought 140 K USD
Flynn James E
10 percent owner
+ 24484
5.7291 USD
8 years ago
Feb 11, 2016
Bought 6.37 K USD
Flynn James E
10 percent owner
+ 1030
6.1884 USD
8 years ago
Feb 10, 2016
Bought 414 K USD
Flynn James E
10 percent owner
+ 66486
6.2323 USD
8 years ago
Feb 09, 2016
Bought 287 K USD
Flynn James E
10 percent owner
+ 50086
5.7291 USD
8 years ago
Feb 11, 2016
Bought 5.01 K USD
Flynn James E
10 percent owner
+ 810
6.1884 USD
8 years ago
Feb 10, 2016
Bought 326 K USD
Flynn James E
10 percent owner
+ 52239
6.2323 USD
8 years ago
Feb 09, 2016
Bought 225 K USD
Flynn James E
10 percent owner
+ 39353
5.7291 USD
9 years ago
Sep 17, 2015
Sell 366 K USD
KIM DENNIS D
Chief Medical Officer
- 9142
40 USD
9 years ago
Sep 14, 2015
Sell 23.7 K USD
KIM DENNIS D
Chief Medical Officer
- 593
40 USD
9 years ago
Sep 24, 2015
Sell 3.28 M USD
STARR KEVIN P
Director
- 74949
43.73 USD
9 years ago
Sep 24, 2015
Sell 2.72 M USD
STARR KEVIN P
Director
- 61630
44.1 USD
9 years ago
Sep 18, 2015
Sell 1.04 M USD
Hughes Thomas E.
Chief Executive Officer
- 23126
45 USD
9 years ago
Sep 17, 2015
Sell 900 K USD
Hughes Thomas E.
Chief Executive Officer
- 22500
40 USD
9 years ago
Sep 18, 2015
Sell 225 K USD
Goldberg Avi Y.
Director
- 5000
45 USD
9 years ago
Sep 17, 2015
Sell 1.03 M USD
Secor Alicia
Chief Commercial Officer
- 25000
41.05 USD
9 years ago
Sep 17, 2015
Sell 51.6 K USD
Secor Alicia
Chief Commercial Officer
- 1256
41.05 USD
9 years ago
Sep 17, 2015
Sell 366 K USD
KIM DENNIS D
Chief Medical Officer
- 9142
40 USD
9 years ago
Sep 14, 2015
Sell 23.7 K USD
KIM DENNIS D
Chief Medical Officer
- 593
40 USD
9 years ago
Jun 10, 2015
Sell 105 K USD
Goldberg Avi Y.
Director
- 3000
35 USD
9 years ago
Jun 01, 2015
Sell 64.5 K USD
Goldberg Avi Y.
Director
- 2000
32.2262 USD
10 years ago
Jun 19, 2014
Bought 80 K USD
Secor Alicia
Chief Commercial Officer
+ 4000
20 USD
7. News
Zacks Industry Outlook Madrigal, Corcept, Catalyst Larimar and Theravance Madrigal, Corcept, Catalyst Larimar and Theravance have been highlighted in this Industry Outlook article. zacks.com - 5 days ago
5 Small Drug Stocks to Buy as Trump Gets Re-Elected Innovation is at its peak for the Zacks Medical-Drugs industry. MDGL, CORT, CPRX, LRMR and TBPH may prove to be good additions to one's portfolio. zacks.com - 1 week ago
Wall Street Analysts Think Larimar (LRMR) Could Surge 192.89%: Read This Before Placing a Bet The mean of analysts' price targets for Larimar (LRMR) points to a 192.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock. zacks.com - 1 week ago
Larimar Therapeutics Reports Third Quarter 2024 Operating and Financial Results BALA CYNWYD, Pa., Oct. 30, 2024 (GLOBE NEWSWIRE) -- October 30, 2024 – Larimar Therapeutics, Inc. (Larimar) (Nasdaq: LRMR), a clinical-stage biotechnology company focused on developing treatments for complex rare diseases, today reported its third quarter 2024 operating and financial results. globenewswire.com - 2 weeks ago
Larimar Therapeutics' New Drug Could Transform Treatment For Rare Neurological Disease, Analyst Sees Over 200% Upside For Stock Oppenheimer has initiated coverage on Larimar Therapeutics LRMR, a clinical-stage biotechnology company focused on developing treatments for rare diseases. benzinga.com - 1 month ago
Larimar Therapeutics' Friedreich's Ataxia Approach Could Have Considerable Upside Potential Larimar Therapeutics' CTI-1601, a potential first-in-class treatment for Friedreich's ataxia, shows promise in modifying disease progression and restoring mitochondrial function. The company has a solid cash runway, sufficient liquidity, and trades at reasonable valuations compared to its upside potential. LRMR's favorable Phase 1/2 trial results bolster CTI-1601's approval odds, with a potential Biologics License Application submission by 2H2025. seekingalpha.com - 1 month ago
Larimar Therapeutics Announces Three Poster Presentations at the Upcoming International Congress for Ataxia Research BALA CYNWYD, Pa., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Larimar Therapeutics, Inc. (Larimar) (Nasdaq: LRMR), a clinical-stage biotechnology company focused on developing treatments for complex rare diseases, today announced that data from the Company's nomlabofusp Phase 1 studies and Phase 2 dose exploration study, some of which has been previously disclosed, will be presented at the annual International Congress for Ataxia Research (ICAR) being held November 12-15, 2024 in London, U.K. Nomlabofusp is a novel protein replacement therapy designed to address the root cause of Friedreich's ataxia by delivering frataxin to mitochondria. globenewswire.com - 1 month ago
Larimar Therapeutics Selected by FDA to Participate in START Pilot Program for Nomlabofusp in Friedreich's Ataxia BALA CYNWYD, Pa., May 30, 2024 (GLOBE NEWSWIRE) -- Larimar Therapeutics, Inc. (Larimar) (Nasdaq: LRMR), a clinical-stage biotechnology company focused on developing treatments for complex rare diseases, today announced that the United States Food and Drug Administration (FDA) has selected nomlabofusp to participate in the Support for Clinical Trials Advancing Rare Disease Therapeutics (START) pilot program. Nomlabofusp is a novel protein replacement therapy designed to address the root cause of Friedreich's ataxia (FA) by delivering frataxin to mitochondria. START selection was based on demonstrated development program readiness, including the potential of nomlabofusp to address the serious and unmet medical needs in a rare neurodegenerative condition, alignment of chemistry, manufacturing, and controls (CMC) development timelines with clinical development plans, and a proposed communications plan where enhanced communication could accelerate pivotal study initiation and path to potential Biologics License Application (BLA) submission. globenewswire.com - 5 months ago
2 Potentially High-Reward Growth Stocks to Buy Right Now Growth stocks have been the U.S. market's primary value driver since 2008. Biotechnology equities, however, have been in a wilderness period since the central bank ramped up interest rates. fool.com - 5 months ago
Larimar (LRMR) Up on Lifting of Partial Clinical Hold on FA Study The FDA removes the partial clinical hold on Larimar's (LRMR) nomlabofusp clinical program for the treatment of patients with Friedreich's Ataxia. zacks.com - 5 months ago
Larimar Therapeutics Announces FDA has Removed Partial Clinical Hold for Nomlabofusp Program in Friedreich's Ataxia BALA CYNWYD, Pa., May 20, 2024 (GLOBE NEWSWIRE) -- Larimar Therapeutics, Inc. (Larimar) (Nasdaq: LRMR), a clinical-stage biotechnology company focused on developing treatments for complex rare diseases, today announced the U.S. FDA has removed the partial clinical hold previously placed on the company's nomlabofusp (CTI-1601) clinical program. Nomlabofusp is currently in development for the treatment of patients with Friedreich's Ataxia (FA). Nomlabofusp is a novel protein replacement therapy designed to address the root cause of FA by delivering frataxin to mitochondria. The FDA removed the partial clinical hold after a review of data from the Company's recently completed four-week, placebo-controlled Phase 2 dose exploration study. The review included data from both the 25 mg and 50 mg cohorts in patients who received daily dosing of nomlabofusp for 14 days followed by every other day dosing until day 28. globenewswire.com - 5 months ago
Larimar Therapeutics Reports First Quarter 2024 Operating and Financial Results BALA CYNWYD, Pa., May 09, 2024 (GLOBE NEWSWIRE) -- Larimar Therapeutics, Inc. (“Larimar”) (Nasdaq: LRMR), a clinical-stage biotechnology company focused on developing treatments for complex rare diseases, today reported its first quarter 2024 operating and financial results. globenewswire.com - 6 months ago
8. Profile Summary

Larimar Therapeutics, Inc. LRMR

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 427 M
Dividend Yield 0.00%
Description 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 1 clinical trial for the treatment of Friedreich's ataxia, a rare, progressive, and fatal genetic disease. The company is based in Bala Cynwyd, Pennsylvania.
Contact Three Bala Plaza East, Bala Cynwyd, PA, 19004 https://www.larimartx.com
IPO Date June 19, 2014
Employees 42
Officers Dr. Russell G. Clayton Sr., D.O, D.O. Chief Medical Officer Mr. Michael Celano CPA Secretary & Chief Financial Officer Dr. Carole S. Ben-Maimon M.D. Chief Executive Officer, President & Director Dr. Gopi Shankar M.B.A., Ph.D. Chief Development Officer Ms. Jennifer Spokes Johansson Vice President of Legal & Compliance Mr. Francis Michael Conway CPA Vice President & Controller Mr. John Berman Vice President of Finance & Administration