earnings
confidence high
sentiment neutral
materiality 0.60
Amylyx reports FY2025 net loss of $144.7M; avexitide Phase 3 enrollment complete, topline data Q3 2026
Amylyx Pharmaceuticals, Inc.
- Net loss for FY2025: $144.7M ($1.53/share) vs $301.7M ($4.43/share) in FY2024.
- Phase 3 LUCIDITY trial of avexitide in PBH enrollment complete; topline data expected Q3 2026, potential launch 2027.
- Cash, equivalents, and short-term investments $317.0M at Dec 31, 2025; cash runway into 2028.
- R&D expenses decreased to $90.4M from $104.1M due to lower AMX0035 spending, offset by increased avexitide costs.
- Selected AMX0318 (GLP-1 receptor antagonist) as development candidate for PBH; IND filing targeted 2027.