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MaaT Pharma (MAAT) investor relations material
MaaT Pharma AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
The meeting included an introduction, designation of the assembly bureau, a review of 2025 financial performance, voting on resolutions, a Q&A session, and formal closure.
Financial performance review
2025 revenue reached €4.5M, up 38% from 2024, mainly from EAP program compensations in France.
Net loss for 2025 was €31.1M (IFRS) and €28.7M (French standards), reflecting increased clinical and regulatory activities.
Cash and equivalents stood at €24.9M at year-end 2025, with an extension of the cash runway to November 2026.
R&D expenses rose due to ongoing clinical studies (PHOEBUS, CHRONOS), and financial charges increased due to new financing.
Cash flow benefited from capital increases and BEI financing, with a €4.7M increase in cash position.
Board and executive committee updates
Mandates of key board members and administrators were renewed, including the CEO, President, and independent directors.
The board composition and professional backgrounds of candidates were disclosed.
- Q1 2026 revenue was €0.8M, with cash runway extended to November 2026 amid regulatory challenges.MAAT
Q1 2026 TU26 May 2026 - Pivotal trial success, EMA review, and 38% revenue growth extend cash runway to August 2026.MAAT
H2 202531 Mar 2026 - MaaT013 shows strong efficacy and safety in refractory aGvHD, with pivotal data due January 2025.MAAT
KOL Event11 Jan 2026 - Phase 3 data show 62% GI response, 54% survival in aGvHD; EU submission planned for 2025.MAAT
Study Result10 Jan 2026 - Clinigen secures exclusive European rights to Xervyteg, targeting approval and launch by mid-2026.MAAT
Status Update14 Nov 2025 - Q3 2025 revenue up 45% year-over-year; cash runway secured through February 2026.MAAT
Q3 2025 TU4 Nov 2025 - 41% revenue growth, €15.1M net loss, and major EU deal extend cash runway to Feb 2026.MAAT
H1 202517 Sep 2025 - H1 2024 saw revenue growth, deeper R&D-driven loss, and strong progress in late-stage clinical trials.MAAT
H1 202413 Jun 2025 - Phase 3 ARES trial enrollment completed; Q3 revenues up, cash at €27M, new CFO named.MAAT
Q3 2024 TU13 Jun 2025
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