Lakefront Biotherapeutics NVLKFT

NasdaqHealthcarePharmaceutical Preparations
Price (close)
$30.36
Market cap
$2.0B
P/E
—
Revenue (FY)
$1.1B
Net income
$320.9M
Dividend yield
—
1-year total return
-7.0%
Net margin
28.8%
Revenue growth
303.5%
Debt / equity
—

What Lakefront Biotherapeutics NV does.

We are a biotechnology company built to bring meaningful medicines to patients with serious diseases. We combine world-class deal making expertise with capital to identify, acquire, and advance promising opportunities that drive value for patients and shareholders. Applying a modality-agnostic asset selection approach and operational flexibility, we prioritize oncology and immunology & inflammation (“I&I”) programs with clear clinical proof-of-concept in emerging areas.

As of December 31, 2025, our clinical pipeline included 1) GLPG3667, a TYK2 inhibitor currently in Phase 2 clinical trial in DM and SLE; 2) GLPG5101, a CD19 CAR-T product candidate decentralized manufactured, currently in Phase 1/2 in relapsed/refractory non-hodgkin lymphoma (“R/R NHL”), and 3) GLPG5301, a B-cell maturation antigen (“BCMA”) CAR-T product candidate decentralized manufactured, currently in Phase 1 in relapsed/refractory multiple myeloma (“R/R MM”). GLPG5101 and GLPG5301 are both cell therapy products, while GLPG3667 is a non-cell therapy product. In both our oncology and I&I portfolios, we had multiple product candidates in early research stages as of December 2025.

Our total net revenues amounted to €1,112.2 million for the year ended December 31, 2025, including the release in revenues of the remaining deferred income (contract liability) of €1,069.0 million related to the OLCA with Gilead. We refer to the notes 6 and 7 of our consolidated financial statements for more details on revenue breakdown and geographical information.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$478.1M$234.4M$241.2M$239.7M$275.6M$1.1B
Net income-$305.4M-$103.2M-$218.0M$211.7M$74.1M$320.9M
Free cash flow-$469.9M-$558.0M-$527.9M-$424.7M-$336.7M-$271.2M

More on LKFT.

Figures from Lakefront Biotherapeutics NV's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.