Surrozen Inc

Surrozen Inc

SRZN · NASDAQ · Healthcare / Biotechnology

31.61USD-0.06 (-0.19%)

Price History

Full chart

Market Stats

Previous Close31.67
Open32.34
Day Range30.40 – 32.87
52-Week Range11.39 – 37.83
Volume106.70K
Market Cap347.20M
P/E (TTM)0.00
Forward P/E0.00
EPS-40.06
Dividend Yield0.00%
Beta0.56
50-Day Avg21.70
200-Day Avg24.32

About

Surrozen, Inc., a biotechnology company, discovers and develops product candidates to selectively modulate the Wnt pathway for tissue repair. Its lead product candidates are antibody-based therapeutics that target various disease areas, including diseases of the eye, intestine, liver, lung, retina, kidney, cochlea, cornea, skin, pancreas, and central nervous system. The company develops SZN-814, which combines Frizzled 4 (Fzd4 agonism) and vascular endothelial growth factor (VEGF antagonism) to treat diabetic macular edema (DME), neovascular age-related macular degeneration (wet AMD), and retinopathy indications; SZN-8143, which combines Fzd4 agonism, VEGF antagonism, and interleukin-6, or IL-6 for the treatment of DME/wet AMD/uveitic macular edema; and SZN-413, a Fzd4 targeted bi-specific antibody for the treatment of retinal vascular associated diseases. Surrozen, Inc. has a collaboration and license agreement with Boehringer Ingelheim International GmbH to research, develop, and commercialize Fzd4 bi-specific antibodies; and a research collaboration agreement with TCGFB, Inc. to discover antibody therapeutics targeting transforming growth factor beta, or TGF-ß, for the treatment of patients with idiopathic pulmonary fibrosis. Surrozen, Inc. was founded in 2015 and is headquartered in South San Francisco, California.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEOMr. Craig C. Parker M.B.A.
  • Employees44
  • Headquarters171 Oyster Point Boulevard, South San Francisco, CA, United States, 94080, USA
  • Websitehttps://www.surrozen.com

Leadership

  • Mr. Craig C. Parker M.B.A.CEO, President & Director · b. 1962
  • Mr. Charles WilliamsCOO & Corporate Secretary · b. 1980
  • Dr. Yang Li Ph.D.Executive Vice President of Research · b. 1969
  • Dr. K. Christopher Garcia Ph.D.Co-Founder & Member of Scientific Advisory Board
  • Dr. Roeland Nusse Ph.D.Co-Founder & Member of Scientific Advisory Board · b. 1950
  • Dr. Calvin Kuo M.D., Ph.D.Co-Founder & Member of Scientific Advisor
  • Mr. Andrew MalekiChief Financial Officer · b. 1990
  • Dr. Daniel L. Chao M.D., Ph.D.VP & Head of Clinical Development
  • Mr. Michael Lauw M.S.W.Senior Vice President of Development Operations
  • Esther JhunController

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-0012.50M12.50M10.65M3.48M
Growth (%)----0.00%-14.76%-67.37%
Cost of Revenue-2.93M3.30M3.27M27.23M1.44M537.00K
Gross Profit--2.93M-3.30M12.50M-27.23M10.65M2.94M
Gross Margin---100.00%-217.84%100.00%84.56%
Operating Expense-29.88M51.09M56.84M18.55M36.19M45.03M
Operating Income-25.11M-32.81M-54.39M-44.34M-45.78M-25.54M-42.09M
Operating Margin----354.71%-366.24%-239.69%-1210.58%
EBITDA-22.82M-31.37M-52.33M-42.38M-41.13M-62.12M-241.49M
EBITDA Margin----339.07%-329.05%-583.03%-6945.33%
Net Income-24.36M-32.63M-52.51M-27.67M-43.04M-63.56M-242.03M
Net Income Margin----221.35%-344.34%-596.56%-6960.77%
R&D19.60M25.68M40.18M37.01M27.23M21.13M29.36M
R&D as % of Total Revenue---296.10%217.84%198.33%844.55%
Interest Expense091.00K2.07M1.96M---
Interest Expense % of Total Revenue---15.64%---

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets42.48M62.06M137.17M89.44M46.08M48.47M98.73M
Total Liabilities13.10M14.77M27.47M13.43M8.14M69.85M286.49M
Total Equity29.39M47.29M109.70M76.00M37.94M-21.38M-187.76M
Cash29.10M34.98M33.09M24.69M36.04M34.56M89.25M
Total Debt10.70M9.60M7.79M5.60M3.38M8.47M6.64M
Net Debt-18.40M-25.39M-25.30M-19.09M-32.66M-26.10M-82.61M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-21.06M-29.10M-48.81M-44.15M-40.36M-17.63M-30.24M
Investing Cash Flow-1.56M-15.07M-77.71M38.31M51.72M-26.00K-128.00K
Financing Cash Flow28.90M50.05M124.63M-2.56M276.00K16.18M85.05M
Capital Expenditure1.56M874.00K1.27M728.00K398.00K26.00K128.00K
Free Cash Flow-22.62M-29.97M-50.08M-44.87M-40.76M-17.65M-30.37M
Dividends Paid-48.39M-----
FCF to OCF107.42%103.00%102.60%101.65%100.99%100.15%100.42%
Dividend Paid to FCF--161.43%-----

Earnings

Report DateJan 4, 2021May 14, 2021Aug 6, 2021Nov 15, 2021Mar 24, 2022May 11, 2022Aug 11, 2022Nov 14, 2022Mar 22, 2023May 10, 2023Aug 9, 2023Nov 8, 2023Mar 19, 2024May 8, 2024Aug 12, 2024Nov 6, 2024Mar 31, 2025May 9, 2025Aug 8, 2025Nov 7, 2025Mar 24, 2026May 6, 2026Aug 14, 2026Nov 6, 2026
EPS Estimate0.00---5.85-0.44-8.10-6.90-6.43-0.43-5.42-6.00-4.20-3.00-4.25-2.79-2.77-2.70-1.09-1.23-1.17-1.24-0.72-1.34-1.32
EPS Actual0.00-0.31-0.38-7.65-0.60-3.45-6.00-5.70-0.03-7.20-4.65-5.10-4.41-4.24-7.99-0.44-9.097.92-1.14-3.60-9.62-4.63-0.41-
Surprise----30.77%-36.36%57.41%13.04%11.35%93.02%-32.84%22.50%-21.43%-47.00%0.24%-186.38%84.12%-236.67%826.61%7.32%-207.69%-678.79%-543.06%69.40%-
Timing--After-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hours-After-hours--

Key Statistics & Ratios

Market Cap347.20M
Enterprise Value94.21M
Trailing P/E0.00
Forward P/E0.00
Price / Sales30.16
Price / Book2.50
EPS-40.06
Book Value-18.60
Revenue (TTM)11.51M
Gross Profit (TTM)-23.07M
EBITDA-44.13M
Profit Margin0.00%
Operating Margin-207.40%
Return on Equity-62.80%
Return on Assets-25.40%
Shares Outstanding11.75M
Shares Float4.62M
Beta0.56
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 48.40
  • Strong Buy
    1
  • Buy
    1

Ownership Breakdown

Institutions
104.86%
Insiders
3.14%
Retail / Other
0.00%

Top Institutional Holders

  • TCG Crossover Management, LLC
    1.47M12.53%
  • Kalehua Capital Management LLC
    770.36K6.55%
  • Boxer Capital Management, LLC
    766.32K6.52%
  • StemPoint Capital LP
    721.62K6.14%
  • Millennium Management LLC
    683.08K5.81%
  • VR Adviser, LLC
    632.93K5.38%
  • Perceptive Advisors LLC
    503.99K4.29%
  • Spruce Street Capital LP
    432.04K3.68%
  • BRAIDWELL LP
    396.10K3.37%
  • Vestal Point Capital LP
    338.61K2.88%
  • 5AM Venture Management, LLC
    271.25K2.31%
  • Vivo Capital, LLC
    260.00K2.21%
  • Woodline Partners LP
    227.85K1.94%
  • Balyasny Asset Management LLC
    203.89K1.73%
  • Longwood Capital Partners LLC
    173.40K1.48%
  • Ikarian Capital, LLC
    173.11K1.47%
  • Vanguard Capital Management, LLC
    169.09K1.44%
  • Ameriprise Financial Inc
    159.71K1.36%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    282.37K2.40%
  • iShares Russell 2000 ETF
    175.88K1.50%

Stock Splits

  • Dec 14, 20231:15