Alector vs Surrozen
Alector is the larger business, with $21.0m of revenue in fiscal 2025 against $3.5m for Surrozen (6.1 times as much). Surrozen grew faster (-67.4% against -79.1%). Alector kept more of each dollar of sales as profit: a net margin of -679.2% against -6960.8%.
| Latest fiscal year | AlectorALEC, 2025 | SurrozenSRZN, 2025 |
|---|---|---|
| Revenue | $21.0m | $3.5m |
| Revenue growth | -79.1% | -67.4% |
| Net income | −$143m | −$242m |
| Operating margin | -741.3% | -1210.6% |
| Net margin | -679.2% | -6960.8% |
| Return on equity | -181.6% | — |
| Free cash flow | −$184m | −$30.4m |
| Cash | $65.8m | $89.2m |
| Total debt | $10.4m | $0 |
| Debt to equity | 33.8% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 103 | 44 |
| Market value | $229m | $351m |
| Price vs our value range | — | — |
| Moat score | 9 (Weak) | — |
| Insider trades, 12 months | 0 buys, 21 sales | 53 buys, 6 sales |