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Mineralys Therapeutics, Inc.
MLYSNASDAQ
Wall Street ScoreUnder review
$21.38USD+$0.25 (+1.18%)
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Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Mineralys Therapeutics, Inc. is a clinical-stage biopharmaceutical company, which focuses on developing medicines to target diseases driven by abnormally elevated aldosterone. Its clinical-stage product candidate, lorundrostat, is a proprietary, orally administered, highly selective aldosterone synthase inhibitor that are initially developing for the treatment of cardiorenal conditions affected by abnormally elevated aldosterone, including hypertension and chronic kidney disease. The company was founded by Brian Taylor Slingsby on May 31, 2019 and is headquartered in Radnor, PA.
How they make money
Mineralys Therapeutics is a clinical-stage biopharmaceutical company that does not currently generate revenue from product sales. Its business model focuses on the research and development of proprietary medicines, specifically aldosterone synthase inhibitors, to treat hypertension and related comorbidities, with the goal of eventually commercializing these products upon regulatory approval.
Products & services
The company's primary product candidate is lorundrostat, an orally administered, highly selective aldosterone synthase inhibitor currently in clinical development for the treatment of hypertension and related conditions.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
Contract Manufacturing Organizations (CMOs) — The company relies on third-party contract manufacturing organizations for the production of its clinical trial materials and drug candidates; specific supplier names are not disclosed.Source
Competitors
Pharmaceutical and biotechnology companies — The company competes with various entities developing therapies for hypertension, chronic kidney disease, and obstructive sleep apnea, including those with larger resources and established commercial products.Source
Strengths
Clinical validation of lorundrostat through multiple successful trialsSource
Strong cash position to support ongoing development activitiesSource
Risks
History of operating losses and expectation of future lossesSource
Dependence on the success of a single product candidate, lorundrostatSource
Regulatory risks associated with FDA approval processesSource
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•How long can MLYS fund negative free cash flow using its current cash position before it may need more debt or new shares?
•Does MLYS's balance between cash and debt leave enough flexibility if business conditions weaken?
•What specifically needs to improve for MLYS to reach sustainable profitability?
•What future growth or profitability would be needed to justify MLYS's current valuation?
•What does the current fundamental change risk warning mean for the reliability or interpretation of MLYS's score?
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A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
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Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Community Sentiment
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Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Clinical validation of lorundrostat through multiple successful trials.
+Strong cash position to support ongoing development activities.
Potential downside factors
−Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Biotechnology industry.
−History of operating losses and expectation of future losses.
−Dependence on the success of a single product candidate, lorundrostat.
−Regulatory risks associated with FDA approval processes.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
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Scores
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Debt
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Debt Cost—
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Debt / Equity0.00x
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Revenue
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Revenue YoY—
Revenue CAGR—
Net Margin—
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Asset
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Asset Growth YoY221.4%
Liquidation/Share$8.14
Net Assets/MCap0.28x
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Capital
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Earnings Yield-16.9%
Buyback Yield0.0%
Debt Cost—
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Management
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ROIC-33.4%
ROE-63.5%
ROA-52.3%
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Moat
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MOS
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Financial
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Interest Coverage—
ROIC-33.4%
FCF Yield-6.9%
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Master
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Valuation—
Debt—
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Resilience
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Survival Years4.6 yrs
Current Ratio43.76x
FCF Margin—
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Score Changes
Score changes will appear once more historical records are available.
Price vs. Value
Valuation unavailable
Current Price
$21.38
Model Intrinsic Value
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Difference
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Margin of Safety
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Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2021
2020
Revenue
$0.00
$0.00
$0.00
$0.00
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Cost of Revenue
$21K
$0.00
$0.00
$0.00
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Gross Profit
-$21K
$0.00
$0.00
$0.00
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Research & Development
$301.6M
$132.0M
$168.6M
$70.4M
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SG&A Expenses
$69.2M
$38.6M
$23.8M
$14.3M
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Operating Expenses
$370.8M
$170.6M
$192.4M
$84.7M
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EBITDA
-$349.5M
-$154.6M
-$177.8M
-$71.9M
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Operating Income
-$370.8M
-$170.6M
-$192.4M
-$84.7M
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Interest Expense
$0.00
$0.00
$0.00
$0.00
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Income Before Tax
-$349.6M
-$154.7M
-$177.8M
-$71.9M
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Income Tax Expense
$0.00
$0.00
$0.00
$0.00
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Net Income
-$349.6M
-$154.7M
-$177.8M
-$71.9M
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Basic EPS
$-4.24
$-2.29
$-3.66
$-1.99
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Basic Shares
84.73M
67.66M
48.54M
36.19M
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Diluted Shares
84.73M
67.66M
48.54M
36.19M
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Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Cash position grew
Potential Score Impact
Positive indicators included EPS growth, cash levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
EPS increased 331.8%. Cash increased 35.8%.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
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Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
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Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.