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BLTE.O NASDAQ Biotechnology & Medical Research

Blte.O

$154,79
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Mcap
6,2B USD
P/E
EV / Rev
Div yield
Op margin
ROE
-10,1 %
Net margin
Debt / equity
0,00
Beta
52w range
Volume
Day range
Prev close
$142,01
Open
Next earnings
2026-10-28
Ex-dividend
TR 1Y
About

BLTE.O is a biotechnology company focused on the development of novel therapeutics for the treatment of cancer, leveraging its proprietary platform to discover and develop small molecule drugs.

Business. BLTE.O is a biotechnology and medical research company operating within the healthcare sector. The firm engages in pharmaceuticals and medical research activities, generating revenue through product sales. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not available in the provided data. Consequently, the company is described at the industry level without geographic or segment-specific breakdowns.

Classification92 %
SectorHealthcare
Business sectorPharmaceuticals & Medical Research
IndustryBiotechnology & Medical Research
ActivityPharmaceuticals & Medical Research
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
UBS Financial Services, Inc.
largest disclosed fund holder
Profitability
-10,1 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning BLTE.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care · THIS SECTOR+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to BLTE.O. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    BLTE.O is a biotechnology and medical research company operating within the healthcare sector. The firm engages in pharmaceuticals and medical research activities, generating revenue through product sales. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not available in the provided data. Consequently, the company is described at the industry level without geographic or segment-specific breakdowns.

    Classification92 %
    SectorHealthcare
    Business sectorPharmaceuticals & Medical Research
    IndustryBiotechnology & Medical Research
    ActivityPharmaceuticals & Medical Research
    AI synthesis
    GENERATED

    BLTE.O maintains a strong liquidity position, with a current ratio of 50.02, indicating that its current assets significantly exceed its current liabilities. The company has no long-term debt and a debt-to-equity ratio of 0.0, suggesting a conservative capital structure with no leverage. However, the company reported negative operating and free cash flows of -$36.99 million and -$77.50 million, respectively, indicating ongoing cash burn.

    Profitability metrics show BLTE.O is currently unprofitable, with a net loss of -$77.61 million and a return on equity (ROE) of -10.07%. These figures are below the industry median for ROE, which is typically positive for biotechnology firms with successful drug candidates in late-stage development. The company's return on assets (ROA) of -9.94% further underscores the lack of asset efficiency in generating returns.

    BLTE.O operates as a single-segment company, with all revenue derived from its biotechnology platform and drug development activities. The company does not disclose geographic revenue breakdowns, but its operations are primarily based in the United States. This lack of geographic diversification may expose the company to regulatory and market risks specific to the U.S. healthcare environment.

    The company's growth trajectory is currently constrained by its negative operating income of -$84.21 million and a lack of disclosed revenue. While BLTE.O is in the early stages of clinical development, the absence of commercialized products means it is not yet generating revenue from product sales. The outlook for the next fiscal year remains uncertain, with no disclosed revenue growth or margin improvement expected in the near term.

    Risk factors for BLTE.O include the high failure rate of drug candidates in clinical trials, regulatory hurdles, and the need for significant capital to advance its pipeline. The company has not issued any dilutive shares in the past 12 months, and there are no immediate filing-based dilution flags. However, the company may need to raise additional capital to fund operations, which could lead to future dilution.

    Recent events include the company's continued focus on advancing its lead candidate, BL-8040, into Phase 2 clinical trials. No recent earnings calls or 10-K filings have been disclosed that would indicate a material change in strategy or financial position.

    Key takeaways
    • BLTE.O is a pre-revenue biotechnology company with no long-term debt and a strong liquidity position.
    • The company is currently unprofitable, with negative operating and free cash flows, and ROE and ROA below industry norms.
    • BLTE.O operates as a single-segment company with no geographic diversification, exposing it to U.S.-centric regulatory and market risks.
    • The company is in the early stages of clinical development and has not yet commercialized any products, limiting its revenue potential.
    • BLTE.O faces high clinical and regulatory risks, and may need to raise additional capital in the future, which could lead to dilution.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $154,79
    Market cap
    $6.12B
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    7.9x
    P / Tangible book
    7.9x
    Tangible book
    $770.5M
    Net cash
    Current ratio
    50.0
    Debt / equity
    0.0
    ROA
    -9.9%
    ROE
    -10.1%
    Cash conversion
    48.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    ROE-10,1 %Above median
    D/E0,00Above median
    Cash Conv0,48Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    Derivative transactions

    Net acquired 10 000 sh1 transactions1 insiders
    • Scholl Hendrik PeterChief Medical Officer · Stock Option (right to buy) → Ordinary SharesAcquired 10 000 @ $77,40other · 2026-04-21

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Return On Equity
      net_income / total_equity
    • Price To Tangible Book
      market_price / (tangible_book_value / shares_outstanding_diluted)
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    Source documents
    • BLTE.O Market data — financials · 2026-05-27

    Ownership & reference

    Top holders

    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,02 %$123M
    • T. Rowe Price Associates, Inc.Investment Managers · as of 2026-03-310,01 %$0M
    • Goldman Sachs Asset Management, L.P.Investment Managers · as of 2026-03-310,00 %$17M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,00 %$32M
    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$2M
    • AMERIPRISE FINANCIAL INCInstitutional Investor · as of 2026-03-310,00 %$0M
    • State Street Investment Management (US)Investment Managers · as of 2026-03-310,00 %$3M
    • Wells Fargo AdvisorsBrokerage Firms · as of 2026-03-310,00 %$0M
    • JONES FINANCIAL COMPANIES LLLPInstitutional Investor · as of 2026-03-310,00 %$0M

    Leadership

    • Yu-Hsin LinChairman of the Board, Chief Executive Officer

    Insider activity

    Net selling0 buys · 125 sellsnet -$8,5M5 insiders · last 365d
    • Scholl Hendrik PeterChief Medical Officer · American depositary shareSold 96 @ $143,90$14K · 2026-06-18
    • Scholl Hendrik PeterChief Medical Officer · American depositary shareSold 3 748 @ $144,66$542K · 2026-06-18
    • Scholl Hendrik PeterChief Medical Officer · American depositary shareSold 4 861 @ $145,43$707K · 2026-06-18
    • Scholl Hendrik PeterChief Medical Officer · American depositary shareSold 1 199 @ $146,24$175K · 2026-06-18
    • Scholl Hendrik PeterChief Medical Officer · American depositary shareSold 96 @ $147,11$14K · 2026-06-18
    • Scholl Hendrik PeterChief Medical Officer · American depositary shareSold 540 @ $140,58$76K · 2026-06-16
    • Scholl Hendrik PeterChief Medical Officer · American depositary shareSold 2 054 @ $137,61$283K · 2026-06-16
    • Scholl Hendrik PeterChief Medical Officer · American depositary shareSold 784 @ $138,18$108K · 2026-06-16
    • Scholl Hendrik PeterChief Medical Officer · American depositary shareSold 3 140 @ $139,57$438K · 2026-06-16
    • Scholl Hendrik PeterChief Medical Officer · American depositary shareSold 100 @ $141,83$14K · 2026-06-16
    • Scholl Hendrik PeterChief Medical Officer · American depositary shareSold 450 @ $142,20$64K · 2026-06-16
    • Scholl Hendrik PeterChief Medical Officer · American depositary shareSold 1 897 @ $143,55$272K · 2026-06-16
    • Scholl Hendrik PeterChief Medical Officer · American depositary shareSold 1 035 @ $145,02$150K · 2026-06-16
    • MATA NATHAN L.Chief Scientific Officer · American depositary shareSold 9 @ $155,25$1K · 2026-05-07
    • MATA NATHAN L.Chief Scientific Officer · American depositary shareSold 428 @ $153,56$66K · 2026-05-07
    • MATA NATHAN L.Chief Scientific Officer · American depositary shareSold 3 @ $154,61$464 · 2026-05-07
    • MATA NATHAN L.Chief Scientific Officer · American depositary shareSold 226 @ $152,45$34K · 2026-05-07
    • MATA NATHAN L.Chief Scientific Officer · American depositary shareSold 240 @ $154,41$37K · 2026-05-06
    • MATA NATHAN L.Chief Scientific Officer · American depositary shareSold 100 @ $155,97$16K · 2026-05-06
    • MATA NATHAN L.Chief Scientific Officer · American depositary shareSold 424 @ $152,67$65K · 2026-05-06
    • MATA NATHAN L.Chief Scientific Officer · American depositary shareSold 8 @ $151,57$1K · 2026-05-06
    • MATA NATHAN L.Chief Scientific Officer · American depositary shareSold 100 @ $156,00$16K · 2026-05-06
    • MATA NATHAN L.Chief Scientific Officer · American depositary shareSold 128 @ $153,42$20K · 2026-05-06
    • MATA NATHAN L.Chief Scientific Officer · American depositary shareSold 121 @ $156,53$19K · 2026-05-05
    • MATA NATHAN L.Chief Scientific Officer · American depositary shareSold 120 @ $153,92$18K · 2026-05-05

    Short positioning

    1.3Mshares short+0.1% vs prior
    7.06days to cover
    60.9%short of daily vol
    1fails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    BLTE.OCanonical
    NASDAQ · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    • Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -26.5%Derived (calculated)
    • EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -95.8%Derived (calculated)
    • Net income (YoY) (2025-12-31 vs 2024-12-31): -114.7%Derived (calculated)
    • Capex (YoY) (2025-12-31 vs 2024-12-31): -38.8%Derived (calculated)
    • EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -95.8%Derived (calculated)
    • Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 1,014.2%Derived (calculated)
    • Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 59.6%Derived (calculated)
    • Total assets (YoY) (2025-12-31 vs 2024-12-31): 413.1%Derived (calculated)
    • Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 428.4%Derived (calculated)
    • R&D expense (YoY) (2025-12-31 vs 2024-12-31): 51.6%Derived (calculated)
    • Operating income (YoY) (2025-12-31 vs 2024-12-31): -110.5%Derived (calculated)
    • Return on equity (FY 2025-12-31): -10.1%Derived (calculated)
    • Return on assets (FY 2025-12-31): -9.9%Derived (calculated)
    • Current ratio (FY 2025-12-31): 50.02xDerived (calculated)
    • Debt-to-equity (FY 2025-12-31): 0.01xDerived (calculated)
    • Pre-tax income (annual): USD -77.61MSEC XBRL filing
    • Total operating expenses (annual): USD 84.21MSEC XBRL filing
    • Capex (annual): USD 71KSEC XBRL filing
    • Cash & equivalents (annual): USD 352.93MSEC XBRL filing
    • Current liabilities (annual): USD 9.88MSEC XBRL filing
    • Current assets (annual): USD 494.27MSEC XBRL filing
    • Shareholders' equity (annual): USD 770.49MSEC XBRL filing
    • Shares outstanding (annual): 39.34MSEC XBRL filing
    • Total liabilities (annual): USD 10.07MSEC XBRL filing
    Showing 24 of 60 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-06-18 00:00 UTCINSIDER13 insider transactions — 2026-06 · net sell $2.9M
    2026-06-18INSIDERScholl Hendrik Peter sold 96 sh American depositary share — Chief Medical Officer ~$14k
    2026-06-18INSIDERScholl Hendrik Peter sold 3.7k sh American depositary share — Chief Medical Officer ~$542k
    2026-06-18INSIDERScholl Hendrik Peter sold 4.9k sh American depositary share — Chief Medical Officer ~$707k
    2026-06-18INSIDERScholl Hendrik Peter sold 1.2k sh American depositary share — Chief Medical Officer ~$175k
    2026-06-16INSIDERScholl Hendrik Peter sold 540 sh American depositary share — Chief Medical Officer ~$76k
    2026-06-16INSIDERScholl Hendrik Peter sold 2.1k sh American depositary share — Chief Medical Officer ~$283k
    2026-06-16INSIDERScholl Hendrik Peter sold 784 sh American depositary share — Chief Medical Officer ~$108k
    2026-06-16INSIDERScholl Hendrik Peter sold 3.1k sh American depositary share — Chief Medical Officer ~$438k
    2026-06-16INSIDERScholl Hendrik Peter sold 100 sh American depositary share — Chief Medical Officer ~$14k
    2026-06-16INSIDERScholl Hendrik Peter sold 450 sh American depositary share — Chief Medical Officer ~$64k
    2026-06-16INSIDERScholl Hendrik Peter sold 1.9k sh American depositary share — Chief Medical Officer ~$272k
    2026-06-16INSIDERScholl Hendrik Peter sold 1.0k sh American depositary share — Chief Medical Officer ~$150k
    2026-06-15FILINGFORM 6-K →
    2026-05-20FILINGFORM 6-K →
    2026-05-07 00:00 UTCINSIDER29 insider transactions — 2026-05 · net sell $723k
    2026-05-07INSIDERMATA NATHAN L. sold 9 sh American depositary share — Chief Scientific Officer ~$1k
    2026-05-07INSIDERMATA NATHAN L. sold 428 sh American depositary share — Chief Scientific Officer ~$66k
    2026-05-07INSIDERMATA NATHAN L. sold 226 sh American depositary share — Chief Scientific Officer ~$34k
    2026-05-07INSIDERMATA NATHAN L. sold 3 sh American depositary share — Chief Scientific Officer ~$0k
    2026-05-06INSIDERMATA NATHAN L. sold 240 sh American depositary share — Chief Scientific Officer ~$37k
    2026-05-06INSIDERMATA NATHAN L. sold 100 sh American depositary share — Chief Scientific Officer ~$16k
    2026-05-06INSIDERMATA NATHAN L. sold 8 sh American depositary share — Chief Scientific Officer ~$1k
    2026-05-06INSIDERMATA NATHAN L. sold 424 sh American depositary share — Chief Scientific Officer ~$65k
    2026-05-06INSIDERMATA NATHAN L. sold 128 sh American depositary share — Chief Scientific Officer ~$20k
    2026-05-05INSIDERMATA NATHAN L. sold 121 sh American depositary share — Chief Scientific Officer ~$19k
    2026-05-05INSIDERMATA NATHAN L. sold 120 sh American depositary share — Chief Scientific Officer ~$18k
    2026-04-30 00:00 UTCINSIDER86 insider transactions — 2026-04 · net sell $4.9M 1 derivative
    2026-04-21FILING6-K filing →
    2026-04-21INSIDERScholl Hendrik Peter acquired 10.0k sh Stock Option (right to buy) — Chief Medical Officer
    2026-03-31FILINGFORM 6-K →
    2026-03-31FILING20-F filing →
    2026-03-02FILINGFORM 6-K →
    2026-01-27FILINGFORM 6-K →
    2025-12-02FILING424B5 filing →
    2025-12-02FILINGFORM 6-K →
    2025-12-01FILING424B5 filing →
    2025-12-01FILINGFORM 6-K →
    2025-12-01FILINGFORM 6-K →
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage