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RAPT Quote, Financials, Valuation and Earnings

Last price:
$57.71
Seasonality move :
-39.76%
Day range:
$57.71 - $57.82
52-week range:
$5.67 - $57.86
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
54.16x
P/B ratio:
6.28x
Volume:
12.1M
Avg. volume:
4.2M
1-year change:
506.3%
Market cap:
$954.6M
Revenue:
--
EPS (TTM):
-$10.51
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $5M $3.8M $1.5M -- --
Revenue Growth (YoY) -- -24.38% -59.95% -100% --
 
Cost of Revenues -- $996K $2.8M $3.6M $3.5M
Gross Profit -- $2.8M -$1.3M -$3.6M -$3.5M
Gross Profit Margin -- 73.88% -83.83% -- --
 
R&D Expenses $45.5M $57M $67.1M $101M $107.2M
Selling, General & Admin $12.8M $16M $20.2M $26.1M $28.9M
Other Inc / (Exp) $1.3M $5K $2M $10.3M $6.2M
Operating Expenses $53.2M $72M $84.5M $123.5M $132.6M
Operating Income -$53.2M -$69.2M -$85.8M -$127.1M -$136.1M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$51.9M -$69.2M -$83.8M -$116.8M -$129.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $990K -- -- -- --
Net Income to Company -$52.9M -$69.2M -$83.8M -$116.8M -$129.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$52.9M -$69.2M -$83.8M -$116.8M -$129.9M
 
Basic EPS (Cont. Ops) -$2.19 -$2.53 -$2.58 -$3.05 -$25.49
Diluted EPS (Cont. Ops) -$2.19 -$2.53 -$2.58 -$3.05 -$25.49
Weighted Average Basic Share $24.1M $27.4M $32.5M $38.3M $40.8M
Weighted Average Diluted Share $24.1M $27.4M $32.5M $38.3M $40.8M
 
EBITDA -$52.1M -$68.2M -$83M -$123.5M -$132.6M
EBIT -$53.2M -$69.2M -$85.8M -$127.1M -$136.1M
 
Revenue (Reported) $5M $3.8M $1.5M -- --
Operating Income (Reported) -$53.2M -$69.2M -$85.8M -$127.1M -$136.1M
Operating Income (Adjusted) -$53.2M -$69.2M -$85.8M -$127.1M -$136.1M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $966K -- -- -- --
Revenue Growth (YoY) -36.78% -100% -- -- --
 
Cost of Revenues -- $728K $908K $297K $200K
Gross Profit -- -$728K -$908K -$297K -$200K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $15.7M $16.6M $27M $13.3M $12M
Selling, General & Admin $3.8M $5.1M $6.9M $6.4M $7.3M
Other Inc / (Exp) -$118K $443K $2.5M $1.4M --
Operating Expenses $18.5M $21M $33M $19.5M $19.2M
Operating Income -$18.5M -$21.7M -$33.9M -$19.8M -$19.4M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$18.7M -$21.2M -$31.4M -$18.4M -$17.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$18.7M -$21.2M -$31.4M -$18.4M -$17.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$18.7M -$21.2M -$31.4M -$18.4M -$17.6M
 
Basic EPS (Cont. Ops) -$0.63 -$0.63 -$0.82 -$0.47 -$0.65
Diluted EPS (Cont. Ops) -$0.63 -$0.63 -$0.82 -$0.47 -$0.65
Weighted Average Basic Share $29.5M $33.7M $38.4M $38.9M $27M
Weighted Average Diluted Share $29.5M $33.7M $38.4M $38.9M $27M
 
EBITDA -$18.3M -$21M -$33M -$19.5M -$19.2M
EBIT -$18.5M -$21.7M -$33.9M -$19.8M -$19.4M
 
Revenue (Reported) $966K -- -- -- --
Operating Income (Reported) -$18.5M -$21.7M -$33.9M -$19.8M -$19.4M
Operating Income (Adjusted) -$18.5M -$21.7M -$33.9M -$19.8M -$19.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $4.4M $2.3M -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $2.3M $3.4M $1.2M $3.9M
Gross Profit -- -$65K -$3.4M -$1.2M -$3.9M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $53.6M $61.9M $93.7M $87.5M $82.9M
Selling, General & Admin $15M $19.8M $24.6M $27.3M $29.8M
Other Inc / (Exp) $449K $582K $9.4M $7.4M --
Operating Expenses $64.3M $79.3M $114.9M $113.6M $108.7M
Operating Income -$64.3M -$79.4M -$118.3M -$114.9M -$112.6M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$63.8M -$78.8M -$108.9M -$107.5M -$105.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $199K -- -- -- --
Net Income to Company -$64M -$78.8M -$108.9M -$107.5M -$105.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$64M -$78.8M -$108.9M -$107.5M -$105.6M
 
Basic EPS (Cont. Ops) -$2.44 -$2.55 -$2.89 -$2.78 -$10.51
Diluted EPS (Cont. Ops) -$2.44 -$2.55 -$2.89 -$2.78 -$10.51
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$63.3M -$77.1M -$114.9M -$113.6M -$108.7M
EBIT -$64.3M -$79.4M -$118.3M -$114.9M -$112.6M
 
Revenue (Reported) $4.4M $2.3M -- -- --
Operating Income (Reported) -$64.3M -$79.4M -$118.3M -$114.9M -$112.6M
Operating Income (Adjusted) -$64.3M -$79.4M -$118.3M -$114.9M -$112.6M
Period Ending 2022-09-30 2023-09-30 2024-09-30 2025-09-30 2026-09-30
Revenue $1.5M -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $2.1M $2.6M $916K $1.3M --
Gross Profit -$590K -$2.6M -$916K -$1.3M --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $47.6M $74.2M $60.8M $36.4M --
Selling, General & Admin $15.3M $19.6M $20.9M $21.8M --
Other Inc / (Exp) $477K $7.9M $5M $4M --
Operating Expenses $60.8M $91.2M $80.7M $56.9M --
Operating Income -$61.4M -$93.8M -$81.6M -$58.2M --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$60.9M -$85.9M -$76.6M -$52.4M --
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$60.9M -$85.9M -$76.6M -$52.4M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$60.9M -$85.9M -$76.6M -$52.4M --
 
Basic EPS (Cont. Ops) -$1.94 -$2.24 -$1.98 -$1.39 --
Diluted EPS (Cont. Ops) -$1.94 -$2.24 -$1.98 -$1.39 --
Weighted Average Basic Share $94.4M $115M $116.4M $269.3M --
Weighted Average Diluted Share $94.4M $115M $116.4M $269.3M --
 
EBITDA -$59.2M -$91.2M -$80.7M -$56.9M --
EBIT -$61.4M -$93.8M -$81.6M -$58.2M --
 
Revenue (Reported) $1.5M -- -- -- --
Operating Income (Reported) -$61.4M -$93.8M -$81.6M -$58.2M --
Operating Income (Adjusted) -$61.4M -$93.8M -$81.6M -$58.2M --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $111.5M $189.7M $249.1M $158.9M $231.1M
Short Term Investments $86.6M $165.6M $210.1M $111.4M $61.3M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $4.1M $3.3M $3.6M $2.9M $4.2M
Total Current Assets $115.6M $193M $252.7M $161.8M $235.2M
 
Property Plant And Equipment $3M $2.7M $9.5M $7.7M $4.7M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $389K $2.9M $4M $3.9M $389K
Total Assets $119M $198.6M $266.2M $173.3M $240.3M
 
Accounts Payable $2.4M $2M $3.4M $5.2M $1.3M
Accrued Expenses $2M $2.7M $4M $7.8M $2.9M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- $2.2M $2.4M $2.4M
Other Current Liabilities $328K $254K $32K $109K $57K
Total Current Liabilities $11.7M $9.6M $14.2M $21.8M $48.4M
 
Long-Term Debt -- -- $6.8M $4.5M $2.1M
Capital Leases -- -- -- -- --
Total Liabilities $14.8M $12.3M $21M $26.3M $50.4M
 
Common Stock $2K $3K $3K $3K $13K
Other Common Equity Adj -$177K -$206K -$26K $103K $50K
Common Equity $104.2M $186.4M $245.2M $147M $1.5B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $104.2M $186.4M $245.2M $147M $189.9M
 
Total Liabilities and Equity $119M $198.6M $266.2M $173.3M $240.3M
Cash and Short Terms $111.5M $189.7M $249.1M $158.9M $231.1M
Total Debt -- -- $6.8M $4.5M $2.1M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $210.8M $195.4M $184.8M $97.9M $157.3M
Short Term Investments $150.8M $167.7M $130.6M $60M --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $3.7M $2.5M $2.4M $4.7M --
Total Current Assets $214.5M $197.9M $187.1M $102.6M $161M
 
Property Plant And Equipment $2.6M $8.5M $8.4M $5.5M $2.6M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $389K $3.1M $4.2M $389K --
Total Assets $217.5M $209.5M $199.7M $108.5M $165.7M
 
Accounts Payable $4M $4M $5.3M $1.4M $2.1M
Accrued Expenses $3.7M $4.3M $8.6M $1.5M --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- $1.6M $2.4M $2.5M --
Other Current Liabilities $295K $33K $53K $61K --
Total Current Liabilities $12.7M $13.9M $21.8M $10.4M $13.4M
 
Long-Term Debt -- $6.3M $5.1M $2.6M $387K
Capital Leases -- -- -- -- --
Total Liabilities $15.6M $20.2M $26.9M $13M $13.8M
 
Common Stock $3K $3K $3K $3K $2K
Other Common Equity Adj $45K -$453K -$121K $107K --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $201.9M $189.3M $172.8M $95.5M $152M
 
Total Liabilities and Equity $217.5M $209.5M $199.7M $108.5M $165.7M
Cash and Short Terms $210.8M $195.4M $184.8M $97.9M $157.3M
Total Debt -- $6.3M $5.1M $2.6M $387K
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$52.9M -$69.2M -$83.8M -$116.8M -$129.9M
Depreciation & Amoritzation $1.1M $996K $2.8M $3.6M $3.5M
Stock-Based Compensation $8.7M $10M $11.3M $17.1M $19.9M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$40.5M -$61M -$70.8M -$97M -$83.3M
 
Capital Expenditures $398K $755K $845K $1.1M $122K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$87.4M -$81.3M -$45.5M $104.1M $52.7M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $75.5M $141.5M $131.2M $1.4M $152.9M
 
Beginning Cash (CF) $24.9M $24M $38.9M $47.5M $169.7M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$52.5M -$891K $14.9M $8.5M $122.3M
Ending Cash (CF) -$27.5M $23.1M $53.9M $56M $292M
 
Levered Free Cash Flow -$40.9M -$61.8M -$71.6M -$98.2M -$83.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$18.7M -$21.2M -$31.4M -$18.4M -$17.6M
Depreciation & Amoritzation $229K $688K $908K $297K $205K
Stock-Based Compensation $2.3M $2.9M $4.3M $4.6M $5M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$12.5M -$17.1M -$21.9M -$17.6M -$12.5M
 
Capital Expenditures $70K $81K $66K $17K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$14.2M -$17.6M $25.7M $18.4M $8.5M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $472K $5.3M $106K -- $36K
 
Beginning Cash (CF) $60M $27.7M $54.1M $37.9M $37.9M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$26.2M -$29.5M $4M $823K -$4M
Ending Cash (CF) $33.8M -$1.8M $58.1M $38.7M $34M
 
Levered Free Cash Flow -$12.6M -$17.2M -$22M -$17.6M -$12.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$64M -$78.8M -$108.9M -$107.5M -$105.6M
Depreciation & Amoritzation $1M $2.3M $3.4M $1.8M $3.9M
Stock-Based Compensation $10.4M $10.3M $15.7M $19.8M $18.8M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$55.7M -$68.6M -$92.1M -$100.6M -$86.6M
 
Capital Expenditures $535K $1.2M $1.1M $188K $84K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$50M -$20.1M $42.2M $74.2M -$56.7M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $145.4M $56.4M $76.3M $10.2M $143.3M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $39.8M -$32.3M $26.4M -$16.2M $30K
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$56.2M -$69.8M -$93.3M -$100.8M -$86.7M
Period Ending 2022-09-30 2023-09-30 2024-09-30 2025-09-30 2026-09-30
Net Income to Stockholders -$60.9M -$85.9M -$76.6M -$52.4M --
Depreciation & Amoritzation $2.1M $2.6M $916K $1.3M --
Stock-Based Compensation $8.2M $12.7M $15.3M $14.2M --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$47.9M -$69.3M -$72.9M -$76.1M --
 
Capital Expenditures $796K $1.1M $121K $83K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$4.2M $83.5M $53.5M -$55.9M --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $55.8M $989K $9.7M $197K --
 
Beginning Cash (CF) $117.3M $150.1M $120.3M $140.1M --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $3.7M $15.2M -$9.6M -$131.8M --
Ending Cash (CF) $121M $165.3M $110.7M $8.3M --
 
Levered Free Cash Flow -$48.7M -$70.4M -$73M -$76.2M --

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