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MapLight Therapeutics, Inc. MPLT R2K

Healthcare · Biotechnology · United States
https://www.maplightrx.com

MapLight Therapeutics, Inc. operates as a clinical-stage biopharmaceutical company for patients suffering from debilitating central nervous system disorders. The company's products include ML-007C-MA, a fixed-dose combination of an M 1 /M 4 muscarinic agonist for the treatment of schizophrenia and Alzheimer's disease psychosis; ML-004 for the treatment of social communication deficit and/or irritability in autism spectrum disorder; ML-021 for the treatment of motor deficits in Parkinson's disease; ML-055 for the treatment of neuropsychiatric conditions; and ML-009, a G-protein-coupled receptor 52 positive allosteric modulator for the treatment of hyperactivity, impulsivity and agitation-related disorders. The company also develops platform identifying neural circuits causally linked to disease and targeting those circuits for therapeutic modulation. The company was formerly known as Alvarado Therapeutics, Inc. and changed its name to MapLight Therapeutics, Inc. in August 2019. MapLight Therapeutics, Inc. was incorporated in 2018 and is based in Redwood City, California.

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$29.31
+59.81% 1Y

Market & Price

Market Cap
$1.33B
Current Price
$29.31
High / Low (52W)
$32.13 / $12.81
Beta
-

Valuation

Stock P/E
-
Industry PE
23.65
Forward P/E
-
PEG Ratio
-
Book Value
$10.41
Price to Book
2.82
P/S
-
EV/EBITDA
-4.89
Dividend Yield
-

Profitability & Returns

ROCE
-36.50%
ROE
-80.95%
ROA
-49.50%
Profit Margin
0.00%
Op Margin
0.00%
EPS (Latest Qtr)
$-1.34
EPS (TTM)
$-4.41

Balance Sheet & Liquidity

Debt/Equity
1.40
Quick Ratio
21.71
Current Ratio
22.91
Debt
$5.59M
Total Assets
$479.51M
Current Assets
$324.67M
Working Capital
$308.44M

Ownership

Promoter Holding
51.16%
Chg in Prom Hold
-
FII / Inst Holding
55.99%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$1.02B
Total Revenue (TTM)
-
EBITDA
$-209.47M
Free Cash Flow
$-95.70M
Operating Cash Flow
$-163.76M
Shares Outstanding
42.62M
Gross Margin
0.00%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
-
Profit 5Y
-
Revenue (YoY)
-
Earnings (YoY)
-

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MPLT MapLight Therapeutics, Inc. R2K 29.31 - $1.33B - -36.50% -80.95% - -
2 LLY Eli Lilly and Company SPX 1,105.00 39.21 $985.37B 0.63% 38.44% 107.46% 31.69% 48.96%
3 JNJ Johnson & Johnson SPX 225.33 26.11 $542.42B 2.38% 23.13% 26.42% 5.60% 14.32%
4 UNH UnitedHealth Group Incorporated SPX 380.31 28.66 $345.38B 2.32% 9.60% 12.18% 11.35% -15.69%
5 MRK Merck & Co., Inc. SPX 118.72 33.44 $293.22B 2.86% 20.66% 18.94% 3.12% 7.93%
6 TMO Thermo Fisher Scientific Inc. SPX 492.51 27.11 $183.03B 0.38% 9.17% 13.52% -0.27% -1.19%
7 AMGN Amgen Inc. NDXSPX 336.79 23.42 $181.77B 2.99% 18.02% 101.32% 11.77% 5.58%
8 GILD Gilead Sciences, Inc. NDXSPX 134.43 18.29 $166.90B 2.44% 22.92% 43.36% 2.57% 22.83%
9 ISRG Intuitive Surgical, Inc. NDXSPXAI 424.64 51.53 $150.39B - 15.96% 17.23% 17.39% 29.26%
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Quarterly Results

Figures in USD.

Metric Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --00--000
Cost of Revenue ---------
Gross Profit ---------
Operating Expenses ---22.78M23.54M-31.50M83.38M64.50M
Operating Income ----22.78M-23.54M--31.50M-83.38M-64.50M
EBITDA ----22.58M-23.38M--31.36M-83.24M-64.34M
Interest Expense ---------
Pretax Income ----21.23M-22.34M--29.42M-79.55M-60.67M
Tax Provision ---------
Net Income -18.93M-18.40M--21.23M-22.34M-29.85M-29.42M-79.55M-60.67M
Diluted EPS ---0.73--0.54--0.71-2.47-1.34
R&D Expense --16.81M-19.79M-27.09M-53.68M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2023Dec 2024Dec 2025
Revenue --0
Cost of Revenue ---
Gross Profit ---
Operating Expenses --169.08M
Operating Income ---169.08M
EBITDA ---168.50M
Interest Expense ---
Pretax Income ---161.15M
Tax Provision ---
Net Income ---161.15M
Diluted EPS --2.96-18.56
R&D Expense -68.52M138.35M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets ---479.51M
Current Assets ---324.67M
Cash & Equivalents ---46.73M
Inventory ----
Receivables ----
Total Liabilities 18.52M20.13M21.72M21.14M
Current Liabilities ---16.23M
Long Term Debt ----
Total Debt ---5.80M
Total Equity 20.87M71.28M115.19M458.37M
Shares Outstanding ---44.02M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2024Dec 2025
Operating Cash Flow -78.81M-138.14M
Investing Cash Flow -80.79M-323.21M
Financing Cash Flow 118.06M469.82M
Capital Expenditure -770.00K-473.00K
Free Cash Flow -79.58M-138.61M
Net Change in Cash -8.48M

Ratios (Annual)

Figures in %.

Metric Dec 2023Dec 2024Dec 2025
Gross Margin % ---
Operating Margin % ---
Net Margin % ---
ROE % ---35.2%
ROCE % ---36.5%

Shareholding Pattern

Insiders
51.16%
Institutions
55.99%
Public Float
114.65%

Top Institutional Holders

#Holder% HeldSharesValue
1 Novo Holdings A/S 8.65% 3.69M $108.05M
2 FCPM III Services B.V. 7.57% 3.23M $94.57M
3 T. Rowe Price Investment Management, Inc. 6.57% 2.80M $82.12M
4 Goldman Sachs Group Inc 4.68% 1.99M $58.47M
5 Blackrock Inc. 3.14% 1.34M $39.27M
6 Blue Owl Capital Holdings LP 2.36% 1.01M $29.48M
7 Nan Fung Group Holdings Limited 2.28% 971.25K $28.47M
8 5AM Venture Management, LLC 2.23% 950.01K $27.84M
9 Sanofi 2.14% 912.04K $26.73M
10 Vanguard Capital Management LLC 1.69% 719.82K $21.10M

Analyst View

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