Veradermics, Inc (MANE)

Veradermics, Incorporated, a clinical-stage biopharmaceutical company, focused on developing novel therapeutics for dermatologic and aesthetic conditions. The company develops treatments for Pattern Hair Loss affecting adults and children. The company's products include VDPHL01, an oral, non-hormonal treatment for men and women with PHL for chronic hair loss therapy. Additionally, it engages in the development of VDMN, a dissolvable microarray patch technology for immunotherapy of common warts; VDAA for the treatment of alopecia areata; and VDMC for the treatment of molluscum contagiosum. Its products are used for the treatment of androgenetic alopecia, common warts, molluscum contagiosum, alopecia areata, and atopic dermatitis. The company serves healthcare providers and clinicians treating dermatologic and aesthetic conditions in both adult and pediatric populations, as well as the broader medical and clinical research community involved in dermatology. Veradermics, Incorporated was incorporated in 2019 and is headquartered in New Haven, Connecticut.

Ticker
MANE
Exchange
NYSE
Sector
Healthcare
Industry
Biotechnology
Market cap
$104.05M
52-week range
$32.00 - $146.58

Valuation

Share price
$138.78 (close of Nov 6, 2026)
P/E (TTM)
-1.24x
Price to book
-0.86x
Price to free cash flow
-1.45x
Enterprise value
$82.29M
Book value per share
$-161.40

Price performance

PeriodChange
1 day+7.92%
5 days-0.65%
1 month+27.37%
3 months+27.73%
6 months+26.43%
All time+267.63%

Short interest

As of
Oct 15, 2026
Short % of float
13.59%
Shares short
3.70M
Days to cover
3.77
Change since prior report
-12.87%
Source
FINRA consolidated short interest

Profitability and growth

Return on assets
-45.86%
Return on capital employed
-50.43%

Cash flow and balance sheet

Free cash flow yield (TTM)
-68.84%
Current ratio
16.66x
Net debt to EBITDA
0.31x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
EBITDA
-$72.35M
Net income
-$70.00M
Earnings per share
$-111.91
Research and development
$62.06M
Shares outstanding
744.99K

Income statement by year

Period endNet incomeEPS
2025-12-31-$70.00M-$111.91
2024-12-31-$26.49M-$37.05

Cash and debt by year

Period endCashDebt
2025-12-31$21.77M-
2024-12-31$53.08M-
2023-12-31$16.30M$786.00K

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31-$71.63M$1.44M
2024-12-31-$23.69M$250.00K
2023-12-31-$13.51M$206.00K

Investor relations

Next earnings report

Next confirmed report
Nov 10, 2026
Consensus EPS estimate
$-0.59

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-11Jun 2026-$0.58
2026-05-12Mar 2026-$0.56

Filings and sources

Company website
veradermics.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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