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Security

CRDL · Cardiol Therapeutics Inc.

CRDLNASDAQCommon stockCurrentCIK 1702123Updated Sep 24, 2026

Company: Cardiol Therapeutics Inc.

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About the company

Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL) is a late-stage life sciences company focused on advancing the development of anti-inflammatory and anti-fibrotic therapies for heart disease. The Company's lead small-molecule drug candidate, CardiolRx™, modulates inflammasome pathway activation, an intracellular innate immune system response known to play an important role in the development and progression of inflammation and fibrosis associated with pericarditis, myocarditis, and heart failure.

6-K · 2026-09-23 · 0001279569-26-000905

Company description from the cited filing.

In the news

No coverage from other publishers is available.

Seeking Alpha

Recent filings

  1. 6-K filing

    6-K · 2026-09-23 · 0001279569-26-000905

  2. SUPPL filing

    SUPPL · 2026-09-16 · 0001104659-26-108184

  3. F-10/A filing

    F-10/A · 2026-09-16 · 0001104659-26-108132

  4. 6-K filing

    6-K · 2026-09-16 · 0001279569-26-000889

  5. 6-K filing

    6-K · 2026-09-15 · 0001104659-26-107594

Show 5 more recent filings
  1. 6-K filing

    6-K · 2026-09-11 · 0001104659-26-106836

  2. 6-K filing

    6-K · 2026-09-10 · 0001279569-26-000875

  3. F-X filing

    F-X · 2026-09-10 · 0001104659-26-106651

  4. F-10 filing

    F-10 · 2026-09-10 · 0001104659-26-106628

  5. 6-K filing

    6-K · 2026-09-09 · 0001279569-26-000867

Financials

FY 2025 · CAD
Revenue · FY 2025
Net income · FY 2025
AssetsCAD · FY 2025
Cash · FY 2025
Operating income-34,316,296CAD · FY 2025
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

Diluted EPS-0.39CAD/shares · FY 2025
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

Balance-sheet figures are unavailable pending verification.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Cash flows from operating activities:
Profit or LossCAD-33,818,874
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

-36,677,299
Source

40-F · 2025-03-31 · 0001410578-25-000588

2024-01-01 to 2024-12-31

-28,128,292
Source

20-F · 2024-04-01 · 0001104659-24-041952

2023-01-01 to 2023-12-31

-30,930,647
Source

20-F · 2023-03-29 · 0001104659-23-037820

2022-01-01 to 2022-12-31

Additional Financial Items
AdjustmentsForDecreaseIncreaseInTradeAccountReceivableCAD44,639
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

42,379
Source

40-F · 2025-03-31 · 0001410578-25-000588

2024-01-01 to 2024-12-31

67,178
Source

20-F · 2024-04-01 · 0001104659-24-041952

2023-01-01 to 2023-12-31

-144,184
Source

20-F · 2023-03-29 · 0001104659-23-037820

2022-01-01 to 2022-12-31

AdjustmentsForSharebasedPaymentsCAD10,700,913
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

14,277,406
Source

40-F · 2025-03-31 · 0001410578-25-000588

2024-01-01 to 2024-12-31

4,156,762
Source

20-F · 2024-04-01 · 0001104659-24-041952

2023-01-01 to 2023-12-31

5,013,185
Source

20-F · 2023-03-29 · 0001104659-23-037820

2022-01-01 to 2022-12-31

GeneralAndAdministrativeExpenseCAD20,297,835
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

26,264,521
Source

40-F · 2025-03-31 · 0001410578-25-000588

2024-01-01 to 2024-12-31

15,561,217
Source

20-F · 2024-04-01 · 0001104659-24-041952

2023-01-01 to 2023-12-31

22,373,798
Source

20-F · 2023-03-29 · 0001104659-23-037820

2022-01-01 to 2022-12-31

PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesCAD55,376
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

41,532
Source

40-F · 2025-03-31 · 0001410578-25-000588

2024-01-01 to 2024-12-31

55,376
Source

20-F · 2024-04-01 · 0001104659-24-041952

2023-01-01 to 2023-12-31

53,934
Source

20-F · 2023-03-29 · 0001104659-23-037820

2022-01-01 to 2022-12-31

ProceedsFromIssuingSharesCAD16,037,974
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

21,355,588
Source

40-F · 2025-03-31 · 0001410578-25-000588

2024-01-01 to 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Additional Financial Items
ApplicableTaxRatenumber0.27
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

0.27
Source

40-F · 2025-03-31 · 0001410578-25-000588

2024-01-01 to 2024-12-31

0.27
Source

20-F · 2024-04-01 · 0001104659-24-041952

2023-01-01 to 2023-12-31

0.27
Source

20-F · 2023-03-29 · 0001104659-23-037820

2022-01-01 to 2022-12-31

BasicEarningsLossPerShareCAD/shares-0.39
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

-0.51
Source

40-F · 2025-03-31 · 0001410578-25-000588

2024-01-01 to 2024-12-31

-0.44
Source

20-F · 2024-04-01 · 0001104659-24-041952

2023-01-01 to 2023-12-31

-0.49
Source

20-F · 2023-03-29 · 0001104659-23-037820

2022-01-01 to 2022-12-31

DilutedEarningsLossPerShareCAD/shares-0.39
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

-0.51
Source

40-F · 2025-03-31 · 0001410578-25-000588

2024-01-01 to 2024-12-31

-0.44
Source

20-F · 2024-04-01 · 0001104659-24-041952

2023-01-01 to 2023-12-31

-0.49
Source

20-F · 2023-03-29 · 0001104659-23-037820

2022-01-01 to 2022-12-31

GeneralAndAdministrativeExpenseCAD20,297,835
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

26,264,521
Source

40-F · 2025-03-31 · 0001410578-25-000588

2024-01-01 to 2024-12-31

15,561,217
Source

20-F · 2024-04-01 · 0001104659-24-041952

2023-01-01 to 2023-12-31

22,373,798
Source

20-F · 2023-03-29 · 0001104659-23-037820

2022-01-01 to 2022-12-31

ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwillCAD0
Source

20-F · 2024-04-01 · 0001104659-24-041952

2023-01-01 to 2023-12-31

IncomeTaxExpenseContinuingOperationsCAD0
Source

20-F · 2023-03-29 · 0001104659-23-037820

2022-01-01 to 2022-12-31

OtherIncomeCAD28,223
Source

40-F · 2025-03-31 · 0001410578-25-000588

2024-01-01 to 2024-12-31

149,739
Source

20-F · 2024-04-01 · 0001104659-24-041952

2023-01-01 to 2023-12-31

164,443
Source

20-F · 2023-03-29 · 0001104659-23-037820

2022-01-01 to 2022-12-31

ProfitLossFromOperatingActivitiesCAD-34,316,296
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

-40,276,651
Source

40-F · 2025-03-31 · 0001410578-25-000588

2024-01-01 to 2024-12-31

-29,785,504
Source

20-F · 2024-04-01 · 0001104659-24-041952

2023-01-01 to 2023-12-31

-41,335,878
Source

20-F · 2023-03-29 · 0001104659-23-037820

2022-01-01 to 2022-12-31

ResearchAndDevelopmentExpenseCAD14,018,461
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

14,012,130
Source

40-F · 2025-03-31 · 0001410578-25-000588

2024-01-01 to 2024-12-31

14,224,287
Source

20-F · 2024-04-01 · 0001104659-24-041952

2023-01-01 to 2023-12-31

18,962,080
Source

20-F · 2023-03-29 · 0001104659-23-037820

2022-01-01 to 2022-12-31

RevenueFromInterestCAD726,401
Source

40-F · 2026-03-31 · 0001104659-26-037844

2025-01-01 to 2025-12-31

1,193,342
Source

40-F · 2025-03-31 · 0001410578-25-000588

2024-01-01 to 2024-12-31

2,038,465
Source

20-F · 2024-04-01 · 0001104659-24-041952

2023-01-01 to 2023-12-31

1,237,632
Source

20-F · 2023-03-29 · 0001104659-23-037820

2022-01-01 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

Filing attachments

ex991.htm · 6-K · 2026-09-23

EXHIBIT 99.1 Cardiol Therapeutics Achieves Phase III MAVERIC Enrollment Target Ahead of Schedule and Expands Pivotal Trial to Strengthen Assessment of CardiolRx™'s Efficacy Original 110-patient enrollment target achieved ahead of the Company's end-of-September guidance. The MAVERIC Steering Committee recommends expanding enrollment to up to 150 patients to capture sufficient events for a robust assessment of CardiolRx™'s potential to reduce recurrence risk. The recommendation follows a blinde

6-K · 2026-09-23 · 0001279569-26-000905

Read attachment ↗