Surrozen, Inc. is a clinical stage biotechnology company, which engages in the business of discovering and developing drug candidates to selectively modulate the Wnt pathway, a critical mediator of tissue repair, in a broad range of organs and tissues. The company is headquartered in South San Francisco, California and currently employs 40 full-time employees. The company went IPO on 2020-11-23. The firm is developing tissue-specific antibodies designed to engage the body’s existing biological repair mechanisms with a focus in ophthalmology. Its product candidates include SZN-8141 for Retinal Diseases, SZN-8143 for Retinal Diseases, SZN-113 for Fuchs’ Endothelial Corneal Dystrophy and Geographic Atrophy, and SZN-413 for Retinal Diseases. SZN-8141 combines Frizzled 4 (Fzd4) agonism and Vascular Endothelial Growth Factor (VEGF) antagonism which has the potential to provide benefits over treatment with single agents for Diabetic Macular Edema (DME) and neovascular Age Related Macular Degeneration (wet AMD). SZN-8143 combines Fzd4 agonism, VEGF antagonism, and interleukin-6 (IL-6) antagonism which may have benefits over single agents for treatment of DME/wet AMD/uveitic macular edema. SZN-413 is a bi-specific antibody, designed using its SWAP technology.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
3
10
0
12
0
0
Revenue Growth (YoY)
-70%
--
-100%
--
--
--
Cost of Revenue
--
--
--
--
--
--
Gross Profit
--
--
--
--
--
--
Selling, General & Admin
15
15
15
19
14
7
Research & Development
25
21
27
37
40
25
Operating Expenses
41
36
42
56
54
32
Other Non Operating Income (Expenses)
-51
-19
0
7
0
--
Pretax Income
-86
-63
-43
-36
-54
-32
Income Tax Expense
--
--
--
--
--
--
Net Income
-86
-63
-43
-36
-54
-32
Net Income Growth
95%
47%
19%
-33%
69%
33%
Shares Outstanding (Diluted)
8.57
2.93
2.01
34.72
35.03
35.03
Shares Change (YoY)
165%
45%
-94%
-1%
0%
0%
EPS (Diluted)
-10.13
-21.67
-21.32
-1.04
-1.56
-0.93
EPS Growth
-26%
2%
1,951%
-33%
68%
33%
Free Cash Flow
-21
-17
-40
-44
-50
-29
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
--
--
--
--
--
--
Operating Margin
-1,266.66%
-250%
0%
-366.66%
0%
0%
Profit Margin
-2,866.66%
-630%
0%
-300%
0%
0%
Free Cash Flow Margin
-700%
-170%
0%
-366.66%
0%
0%
EBITDA
-38
-24
-41
-43
-52
-31
EBITDA Margin
-1,266.66%
-240%
0%
-358.33%
0%
0%
D&A For EBITDA
0
1
1
1
2
1
EBIT
-38
-25
-42
-44
-54
-32
EBIT Margin
-1,266.66%
-250%
0%
-366.66%
0%
0%
Effective Tax Rate
--
--
--
--
--
--
Follow-Up Questions
What are Surrozen Inc's key financial statements?
According to the latest financial statement (Form-10K), Surrozen Inc has a total asset of $48, Net loss of $-63
What are the key financial ratios for SRZN?
Surrozen Inc's Current ratio is 0.69, has a Net margin is -630, sales per share of $3.4.
How is Surrozen Inc's revenue broken down by segment or geography?
Surrozen Inc largest revenue segment is Automotive Parts - Toyota Group, at a revenue of 3,217,795,000,000 in the most earnings release.For geography, Japan is the primary market for Surrozen Inc, at a revenue of 2,156,138,000,000.
Is Surrozen Inc profitable?
no, according to the latest financial statements, Surrozen Inc has a net loss of $-63
Does Surrozen Inc have any liabilities?
yes, Surrozen Inc has liability of 69
How many outstanding shares for Surrozen Inc?
Surrozen Inc has a total outstanding shares of 3.26