MGTX
MeiraGTx Holdings plc8.60
-0.30-3.37%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
692.22MP/E (TTM)
-Basic EPS (TTM)
-2.11Dividend Yield
0%Recent Filings
8-K
8-K
Q2 loss narrows, pipeline advances
MeiraGTx reported Q2 2025 results, narrowing net loss to $38.8 million from $48.6 million year-over-year, while cash dipped to $32.2 million amid advancing late-stage gene therapies. Key wins include FDA alignment on Phase 2 AQUAx2 for radiation-induced xerostomia, targeting BLA data in late 2026, and RMAT designation for AAV-GAD in Parkinson's, bolstered by Hologen collaboration yielding $23 million upfront. Regulatory progress accelerates BLA/MAA filings for AAV-AIPL1 in LCA4 by Q4 2025. Cash runway extends to 2027, but debt repayment looms.
10-Q
Q2 FY2025 results
MeiraGTx's Q2 FY2025 results show service revenue from related-party PPQ activities surging 1,209% y/y to $3.7M, while operating loss narrowed 2.4% y/y to $44.8M amid tighter R&D spend on manufacturing and xerostomia programs, offset by ramped AAV-GAD Parkinson's efforts. Net loss improved 20.2% y/y to $38.8M, or $(0.48) diluted EPS on 80.6M shares, reconciling to YTD $(0.99) EPS with no anti-dilution effects. Cash dipped to $32.2M from $103.7M at year-end, with $80.8M used in operations and $2.5M capex yielding negative FCF; $75M debt at 14.3% due August 2026 remains covenant-compliant, bolstered by $23M Hologen deposits toward a $200M upfront closing Q3 2025 for neuro and manufacturing JV. The Hologen deal, granting 30% ownership in a $230M-funded Parkinson's entity, sharpens pipeline focus. Yet competition in gene therapy could erode market share for late-stage assets like AAV-GAD.
8-K
UK FDI clearance for Hologen deals
MeiraGTx Holdings plc secured UK foreign direct investment clearances for its March 9, 2025, transactions with Hologen Limited, paving the way for a July 2025 close. This approval clears a key regulatory hurdle, enabling the deals to proceed amid ongoing biotech uncertainties. Forward-looking statements highlight risks like execution delays. Investors eye potential funding boosts.
8-K
AGM elects director, ratifies auditors
MeiraGTx Holdings plc held its annual general meeting on June 12, 2025, with 74.2% of ordinary shares represented. Shareholders elected Thomas E. Shenk, Ph.D., as Class I director until 2028, despite 9 million withheld votes. They ratified Ernst & Young LLP as auditors for 2025, with 45.4 million for and 13.9 million against. Routine governance holds steady.
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