earnings
confidence high
sentiment positive
materiality 0.70
Maze Therapeutics: Q4 net loss $29.6M, FY net income $52.2M on $167.5M license revenue; cash runway into H2 2027
Maze Therapeutics, Inc.
2025-Q1 EPS reported
-$1.15
- Q4 net loss $29.6M vs $26.6M loss a year ago; FY net income $52.2M vs $100.4M loss in 2023.
- Cash and cash equivalents $196.8M as of Dec 31, 2024, up from $29.2M; combined with Feb 2025 IPO proceeds of $140M provides runway into H2 2027.
- License revenue of $167.5M in FY2024 primarily from $150M upfront from Shionogi for MZE001.
- Phase 2 HORIZON trial of MZE829 for AKD dosing patients; initial data expected Q1 2026.
- Phase 1 trial of MZE782 ongoing; initial data including proof-of-mechanism expected H2 2025.