Atai Life Sciences N.V.
NASDAQ•ATAI
CEO: Mr. Christian Angermayer
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2021-06-18
Atai Life Sciences N.V., a clinical-stage biopharmaceutical company, develops and invests in various therapeutics to treat depression, anxiety, addiction, and other mental health disorders. Its product candidates include COMP360, a proprietary psilocybin which is in Phase 3 program; BPL-003, an intranasal formulation that is in Phase 2a and 2b clinical studies; TRD; VLS-01, an transmucosal film in Phase 1b clinical studies; and ELE-101, a serotonergic psychedelic that is in Phase 1/2a study, for the treatment of treatment resistant depression. The company also develop IBX-210, an intravenous formulation of ibogaine, and DMX-1002, an oral formulation of ibogaine indicated for the treatment of opioid use disorder; EMP-01, an oral formulation of an R-MDMA derivative being developed for the treatment of post-traumatic stress disorder; and EGX-A and EGX-B, psychedelic-like with novel, non-tryptamine structures with differentiated 5-HT receptor pharmacology. In addition, it offers RL-007, an orally bioavailable compound, which is a pro-cognitive neuromodulator for cognitive impairment associated with schizophrenia; and GRX-917, a deuterated etifoxine for the treatment of generalize anxiety disorder. Further, the company develops PCN-101, a subcutaneous formulation of R-ketamine, as a therapy for psychiatric indications initially focused on TRD; KUR-101, a formulation of deuterated mitragynine for the treatment of OUD; and RLS-01, indicated for treatment resistant depression. ATAI Life Sciences N.V. was founded in 2018 and is headquartered in Berlin, Germany with offices in New York and London.
Contact Information
Market Cap
$688.48M
P/E (TTM)
-5.2
17.2
Dividend Yield
--
52W High
$6.75
52W Low
$1.15
52W Range
Rank66Top 96.8%
1.5
F-Score
Modified Piotroski Analysis
Based on 6-year fundamentals
Weak • 1.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2020-2025
Financial Dashboard
Q3 2025 Data
Revenue
$749.00K+1772.50%
4-Quarter Trend
EPS
-$0.28+75.00%
4-Quarter Trend
FCF
-$28.62M+47.99%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Revenue Jumps 866% Total revenue reached $3.023M for nine months ended September 2025, up 866% from $313K in 2024, driven by Nualtis services.
Strong Cash Position Secured Cash and short-term securities total $114.6M as of September 30, 2025; sufficient funding expected into 2029 post-offerings.
Beckley Psytech Combination Closed Strategic combination with Beckley Psytech completed November 5, 2025, renaming entity to Atai Beckley N.V.
Significant Equity Offerings Raised substantial capital via February 2025 offering ($59.1M net) and June/July 2025 PIPE Financings ($74.8M net from common shares).
Risk Factors
Continued Operating Losses Expected Net loss attributable to stockholders was $(115.2M) for nine months 2025; expects losses to continue indefinitely until commercialization.
Integration Risks Post-Merger Failure to successfully integrate atai and Beckley Psytech operations may disrupt business and adversely affect future results.
Product Development Uncertainty Product candidates remain in clinical stages; success depends on uncertain clinical trials, regulatory approvals, and competition.
R&D Expenses Remain High R&D expenses constituted $37.1M YTD 2025, expected to remain the most substantial part of future operating expenses.
Outlook
BPL-003 Phase 3 Planning Anticipate guidance on BPL-003 Phase 3 program in Q1 2026, targeting Phase 3 trial initiation in Q2 2026.
Delaware Redomiciliation Expected Redomiciliation to Delaware approved, expected to finalize around year-end 2025 to improve operational flexibility.
VLS-01 Data Expected 2026 Topline data from VLS-01 Phase 2 Elumina trial expected in the second half of 2026 for TRD indication.
EMP-01 Topline Results Q1 2026 Expect topline results from EMP-01 exploratory Phase 2a study for Social Anxiety Disorder in the first quarter of 2026.
Peer Comparison
Revenue (TTM)
$172.35M
$90.49M
$62.90M
Gross Margin (Latest Quarter)
102.3%
100.0%
100.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| DNTH | $2.86B | 0.0 | 0.0% | 0.3% |
| SYRE | $2.65B | -98.0 | -29.4% | 0.0% |
| WVE | $2.35B | -10.9 | -85.0% | 2.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
N/M
Revenue Volatile
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Deep Research
Next earnings:May 12, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data