NewAmsterdam Pharma Co N.V. NAMS

Healthcare SIC 2834 - Pharmaceutical Preparations Nasdaq

We are a late-stage biopharmaceutical company whose mission is to improve patient care in populations with cardiometabolic diseases where currently approved therapies have not been adequate or well tolerated. We seek to fill a significant unmet need for a safe, well tolerated and convenient low-density lipoprotein cholesterol ("LDL-C") lowering therapy. In multiple Phase 3 trials, we have investigated obicetrapib, an oral, low-dose, once-daily, highly selective cholesteryl ester transfer protein ("CETP") inhibitor, alone or as a fixed-dose combination ("FDC") with ezetimibe, as preferred LDL-C lowering therapies to be used as an adjunct to statin therapy for patients at risk of cardiovascular disease ("CVD") with elevated LDL-C, for whom existing therapies are not sufficiently effective or well tolerated. Additionally, we believe that CETP inhibition may also play a role in other indications by potentially mitigating the risk of developing diseases such as Alzheimer's disease.

Last close 25.40 2026-09-04
Market cap $3.04B 2026-06-30 share count
52-week range 23.05 - 42.20

Valuation FY2025 figures against the last close

P/S134.9x
P/E
P/FCF
EV/EBITDA
Dividend yield
Diluted EPS-1.72

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Revenue $22.5M$45.6M$14.1M$102.7M
R&D $141.8M$151.4M$159.4M$86.7M$29.0M
SG&A $106.4M$70.4M$37.6M$19.5M$6.0M
Total operating expenses $248.2M$221.9M$197.1M$106.3M$35.0M
Operating income -$225.7M-$176.3M-$183.0M-$3.6M-$35.0M
Interest expense $287.0K$411.0K
Pre-tax income -$203.8M-$241.6M-$176.9M-$22.6M-$41.8M
Income tax $1.0K$27.0K
Net income -$203.0M-$242.0M-$177.0M-$22.6M-$41.8M
EPS, basic -1.72-2.56-2.15-1.19-3.81
EPS, diluted -1.72-2.56-2.15-1.19-3.81
Shares, diluted (wtd. avg.) $118.4M$94.4M$82.2M$19.0M$11.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Cash and equivalents $490.0M$771.7M$340.4M
Short-term investments $146.2M$62.4M
Total current assets $675.7M$863.4M$346.8M$478.0M
Property, plant and equipment $383.0K$242.0K$46.0K$34.0K
Total assets $769.3M$864.6M$347.1M$478.5M
Accounts payable $9.0M$4.7M$16.9M$11.9M
Total current liabilities $85.8M$106.9M$49.9M$36.1M
Total liabilities $85.9M$107.1M$58.7M$48.4M
Retained earnings -$762.4M-$558.6M-$317.0M-$140.0M
Total equity $683.4M$757.5M$288.4M$430.1M-$113.8M-$73.0M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Operating cash flow -$147.8M-$158.6M-$141.2M$10.7M-$29.5M
Depreciation and amortisation $220.0K$113.0K$49.0K$9.0K$5.0K
Stock-based compensation $59.4M$33.6M$24.6M$4.1M$1.2M
Capital expenditure $246.0K$672.0K$24.0K$221.0K$24.0K
Investing cash flow -$174.9M-$62.8M-$24.0K-$221.0K-$24.0K
Financing cash flow $29.5M$659.5M$8.9M$391.9M$84.7M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-207562.

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