earnings
confidence high
sentiment neutral
materiality 0.60
Avalo Q2 2025 net loss $20.8M; cash $113.3M; Phase 2 LOTUS >75% enrolled, topline mid-2026
Avalo Therapeutics, Inc.
2025-Q2 EPS
reported -$3.18
vs consensus -$1.43
▼ miss
(-121.9%)
- Net loss of $20.8M in Q2 2025 ($1.92 per share) compared to net income of $98.5M ($4.21 basic EPS) in Q2 2024, driven by warrant-related items.
- Cash and short-term investments $113.3M as of June 30, 2025; expected to fund operations into 2028.
- Phase 2 LOTUS trial (AVTX-009 in hidradenitis suppurativa) enrollment >75% complete; topline data expected mid-2026.
- R&D expenses increased to $14.1M from $4.6M, largely due to the Phase 2 LOTUS trial.
- Rita Jain, M.D. appointed to Board of Directors; brings clinical development and regulatory experience.
item 2.02item 9.01