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MaaT Pharma (MAAT) investor relations material
MaaT Pharma Q3 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 TU earnings summary4 Nov, 2025
Executive summary
Reported Q3 2025 revenues of €3.4 million, a 45% year-over-year increase, driven by demand for Xervyteg (MaaT013).
Secured €10.5 million upfront from an exclusive license and distribution agreement with Clinigen for Xervyteg across Europe.
Drew down €3.5 million from Tranche A of a €37.5 million EIB loan to support late-stage clinical programs.
Cash and cash equivalents stood at €22.4 million as of September 30, 2025, with a confirmed runway through February 2026.
Financial highlights
Q3 2025 revenues from France’s Early Access Program reached €1.0 million, up 56% year-over-year.
Total revenues for the first nine months of 2025 were €3.4 million, compared to €2.3 million in the same period of 2024.
Cash position increased to €22.4 million at the end of Q3 2025, up from €15.0 million at June 30, 2025.
Outlook and guidance
Sufficient cash to fund operations and development programs until the end of February 2026.
Focused on leveraging a mix of dilutive and non-dilutive financing to sustain growth through 2026.
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Next MaaT Pharma earnings date
Investor Day 202525 Nov, 2025
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Frequently asked questions
MaaT Pharma SA is a biotechnology company specializing in the development of microbiome-based therapies for the treatment of diseases related to immune and gastrointestinal disorders. The company focuses on restoring gut microbiota balance to support patient health, particularly in areas such as oncology and infectious diseases. MaaT Pharma utilizes a proprietary research platform to develop therapeutic solutions, including biotherapeutic products derived from microbiota. The company is engaged in clinical research and collaborates with healthcare institutions and industry partners to advance its pipeline. MaaT Pharma is headquartered in Lyon, France, and its shares are listed on the Euronext.
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