Saturday 7 November 2026
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Avalo Therapeutics, Inc.
AVTX Healthcare Biotechnology
Avalo Therapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $59,000.00, down 86.6% from fiscal 2024.
- Revenue
- −70.1%
- EPS
- +56.8%
- Free cash flow
- +75.7%
Quarter to June 2026, against a year earlier
6.95
0.32
+4.83%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 1 | 28 | 7 | 7 | 7 | 5 | 18 | 2 | 0 | 0 | 1 | (28.1%) | 0 | — | — | +280.5% | |
| Gross margin, % | 100.00 | 97.71 | 53.61 | 108.39 | 95.52 | 72.38 | 80.98 | 33.26 | 182.99 | 100.00 | 64.72 | 0.0 pt | ||||||
| EBT | (16) | 14 | (35) | (16) | (67) | (85) | (42) | (32) | (35) | (78) | (100) | +18.9% | ||||||
| EBT margin, % | (1,428.59) | 49.75 | (502.58) | (236.88) | (1,002.79) | (1,566.23) | (230.62) | (1,638.77) | (7,939.91) | (132,362.71) | 0.00 | (130,934.1) pt | ||||||
| Net income | (16) | 12 | (40) | (16) | (63) | (84) | (42) | (32) | (35) | (78) | (100) | +18.9% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 371.94 | 4,345.80 | 576.10 | 450.03 | 287.51 | 154.23 | 460.48 | 6.93 | 0.10 | 0.00 | 0.00 | (71.6%) | |||||
| Earnings | (5,344.99) | 1,200.48 | (3,174.71) | (809.76) | (2,458.13) | (2,372.38) | (1,054.76) | (114.00) | (7.94) | (5.84) | (4.75) | (53.1%) | ||||||
| Cash flow | (4,701.00) | 1,965.44 | (256.40) | (1,275.62) | (1,739.87) | (2,025.49) | (682.42) | (110.48) | (11.08) | (3.84) | (1.57) | (54.6%) | ||||||
| Capex | (11.26) | (3.64) | (46.26) | (17.47) | (2.70) | (3.23) | (2.42) | 0.09 | 0.00 | 0.00 | 0.00 | n/m | ||||||
| Free cash flow | (4,712.26) | 1,961.80 | (302.66) | (1,293.09) | (1,742.58) | (2,028.71) | (684.85) | (110.39) | (11.08) | (3.84) | (1.57) | (54.6%) | ||||||
| Book value | 66.77 | 4,353.06 | 1,713.75 | 1,399.71 | 1,054.16 | 659.49 | (278.44) | 26.30 | 30.06 | 6.20 | 10.29 | (23.2%) | ||||||
| Shares, m | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 13 | 23 | +153.5% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 7.70 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.8 | |||||
| P/S | 0.00 | 2.21 | 16.14 | 34.47 | 26.42 | 31.72 | 2.61 | 3.66 | 61.16 | 195.21 | 243.01 | 37.4 | ||||||
| P/B | 38.36 | 2.20 | 5.42 | 11.08 | 7.21 | 7.42 | 0.00 | 0.96 | 0.57 | 2.93 | 0.68 | 7.6 | ||||||
| EV/Sales | 0.00 | 2.16 | 16.81 | 35.07 | 24.21 | 27.88 | 2.68 | 5.80 | (37.51) | 125.56 | (68.78) | 20.3 | ||||||
| EV/FCF | (0.39) | 4.78 | (31.99) | (12.20) | (3.99) | (2.12) | (1.80) | (0.36) | 0.95 | (1.28) | 0.62 | (4.8) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | (15) | 13 | (3) | (19) | (41) | (71) | (27) | (31) | (49) | (51) | (68) | +15.0% | |||||
| Capex | 0 | 0 | (1) | 0 | 0 | 0 | 0 | 0 | — | — | (71) | n/m | ||||||
| Free cash flow | (15) | 13 | (4) | (19) | (41) | (71) | (27) | (31) | (49) | (51) | (68) | +15.0% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 1 | 0 | (4) | 6 | 11 | 42 | (6) | 4 | 132 | 92 | 387 | +59.9% | |||||
| Net debt | (3) | (2) | 4 | (10) | (16) | (22) | 0 | (7) | (135) | (98) | (400) | +48.6% | ||||||
| Shareholders’ equity | 0 | 28 | 21 | 21 | 25 | 23 | (11) | 7 | 133 | 83 | 449 | +94.7% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (120.11) | 32.00 | (70.85) | (30.22) | (159.02) | (136.12) | (73.35) | (116.06) | (40.91) | (58.58) | (32.50) | +61.5 pt | |||||
| ROIC | 0.00 | 34.20 | (89.99) | (92.94) | (526.72) | (4,013.58) | 0.00 | 0.00 | 0.00 | 0.00 | (118.21) | 0.0 pt | ||||||
| ROE | (247.87) | 55.38 | (164.27) | (76.72) | (278.79) | (354.20) | (684.77) | 1,747.11 | (50.06) | (72.43) | (36.27) | +175.4 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 15 | 38 | 64 | 18 | 32 | 44 | 20 | 19 | 23 | 33 | — | +9.2% | |||||
| Revenue/emp, $m | 0.08 | 0.73 | 0.11 | 0.38 | 0.21 | 0.12 | 0.90 | 0.10 | 0.02 | 0.00 | — | (34.2%) | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Dec 2024 · fundamentals updated 26 Oct 2026
Avalo Therapeutics, Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| LYEL Lyell Immunopharma, Inc. | $367.6M | — (loss-making) | — (loss-making) | −80.00% (below 0%: shrinking) | n/m | −21.82% (below 0%: shrinking) | 100.00% | (1,609,833.33%) | Compare |
| CCCC C4 Therapeutics, Inc. | $362.9M | — (loss-making) | — (loss-making) | −24.59% (below 0%: shrinking) | n/m | +17.88% (above 0%: growing) | 100.00% | (290.46%) | Compare |
| ZURA Zura Bio Limited | $358.3M | — (loss-making) | — | — | n/m | −26.22% (below 0%: shrinking) | — | 0.00% | Compare |
| TRXB TRex Bio Inc. | $356.5M | — | — | — | — | — | — | — | Compare |
| AVTX Avalo Therapeutics, Inc. | $355.6M | — (loss-making) | — (loss-making) | −70.14% (below 0%: shrinking) | n/m | +75.70% (above 0%: growing) | 55.73% | 0.00% | |
| RZLT Rezolute, Inc. | $352.1M | — (loss-making) | — | — | n/m | +40.23% (above 0%: growing) | 0.00% | 0.00% | Compare |
| CTNM Contineum Therapeutics, Inc. | $345.9M | — (loss-making) | — | — | n/m | +10.04% (above 0%: growing) | 100.00% | 0.00% | Compare |
| MPLT MapLight Therapeutics, Inc. | $345.7M | — (loss-making) | — | — | n/m | −31.91% (below 0%: shrinking) | — | 0.00% | Compare |
| AGMB AgomAb Therapeutics NV | $343.3M | — | — | — | — | — | — | — | Compare |
| Median of peers | $354.3M | — | — | — | — | −5.89% | 100.00% | 0.00% |
Pay and ownership Proxy statement filed 10 April 2026
Ownership
Directors and executive officers, together
4.46%
RA Capital Management, L.P.,
9.99%
OrbiMed Advisors LLC,
9.99%
BVF Partners, L.P.,
9.99%
FMR LLC
8.68%
Logos Global Management LP
5.24%
Nantahala Capital Management LLC
5.04%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement