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Side-by-side financial comparison of Monte Rosa Therapeutics, Inc. (GLUE) and Maase Inc. (MAAS). Click either name above to swap in a different company.

Monte Rosa Therapeutics, Inc. is the larger business by last-quarter revenue ($12.8M vs $9.9M, roughly 1.3× Maase Inc.). Monte Rosa Therapeutics, Inc. produced more free cash flow last quarter ($99.8M vs $-18.3M).

Monte Rosa Therapeutics is a clinical-stage biotechnology company specializing in the discovery and development of targeted molecular glue degrader therapies. Its pipeline addresses unmet medical needs across oncology, rare genetic disorders and immunological diseases, with operations focused on advancing novel treatments for global patient populations.

GLUE vs MAAS — Head-to-Head

Bigger by revenue
GLUE
GLUE
1.3× larger
GLUE
$12.8M
$9.9M
MAAS
More free cash flow
GLUE
GLUE
$118.1M more FCF
GLUE
$99.8M
$-18.3M
MAAS

Income Statement — Q3 FY2025 vs Q2 FY2023

Metric
GLUE
GLUE
MAAS
MAAS
Revenue
$12.8M
$9.9M
Net Profit
$-27.1M
Gross Margin
78.7%
Operating Margin
-258.3%
-55.9%
Net Margin
-212.1%
Revenue YoY
38.5%
Net Profit YoY
-13.5%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GLUE
GLUE
MAAS
MAAS
Q3 25
$12.8M
Q2 25
$23.2M
Q1 25
$84.9M
Q4 24
$60.6M
Q4 23
$0
Q3 23
$0
Q2 23
$0
Q1 23
$0
Net Profit
GLUE
GLUE
MAAS
MAAS
Q3 25
$-27.1M
Q2 25
$-12.3M
Q1 25
$46.9M
Q4 24
$13.4M
Q4 23
$-33.3M
Q3 23
$-34.9M
Q2 23
$-35.2M
Q1 23
$-32.0M
Operating Margin
GLUE
GLUE
MAAS
MAAS
Q3 25
-258.3%
Q2 25
-67.1%
Q1 25
51.9%
Q4 24
21.4%
Q4 23
Q3 23
Q2 23
Q1 23
Net Margin
GLUE
GLUE
MAAS
MAAS
Q3 25
-212.1%
Q2 25
-53.0%
Q1 25
55.2%
Q4 24
22.2%
Q4 23
Q3 23
Q2 23
Q1 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GLUE
GLUE
MAAS
MAAS
Cash + ST InvestmentsLiquidity on hand
$208.3M
$10.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$245.8M
$31.6M
Total Assets
$459.8M
$47.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLUE
GLUE
MAAS
MAAS
Q3 25
$208.3M
Q2 25
$69.4M
Q1 25
$78.5M
Q4 24
$224.3M
Q4 23
$128.1M
Q3 23
$59.1M
Q2 23
$47.0M
Q1 23
$51.8M
Stockholders' Equity
GLUE
GLUE
MAAS
MAAS
Q3 25
$245.8M
Q2 25
$268.1M
Q1 25
$275.2M
Q4 24
$222.9M
Q4 23
$179.3M
Q3 23
$184.5M
Q2 23
$213.7M
Q1 23
$243.7M
Total Assets
GLUE
GLUE
MAAS
MAAS
Q3 25
$459.8M
Q2 25
$359.6M
Q1 25
$393.2M
Q4 24
$438.7M
Q4 23
$303.8M
Q3 23
$252.1M
Q2 23
$278.6M
Q1 23
$309.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GLUE
GLUE
MAAS
MAAS
Operating Cash FlowLast quarter
$100.4M
$-18.2M
Free Cash FlowOCF − Capex
$99.8M
$-18.3M
FCF MarginFCF / Revenue
781.5%
-184.4%
Capex IntensityCapex / Revenue
5.1%
1.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$145.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLUE
GLUE
MAAS
MAAS
Q3 25
$100.4M
Q2 25
$-34.7M
Q1 25
$-45.5M
Q4 24
$128.9M
Q4 23
$29.6M
Q3 23
$-24.7M
Q2 23
$-25.3M
Q1 23
$-23.4M
Free Cash Flow
GLUE
GLUE
MAAS
MAAS
Q3 25
$99.8M
Q2 25
$-36.4M
Q1 25
$-47.1M
Q4 24
$128.7M
Q4 23
$27.9M
Q3 23
$-26.4M
Q2 23
$-31.8M
Q1 23
$-32.6M
FCF Margin
GLUE
GLUE
MAAS
MAAS
Q3 25
781.5%
Q2 25
-157.0%
Q1 25
-55.4%
Q4 24
212.3%
Q4 23
Q3 23
Q2 23
Q1 23
Capex Intensity
GLUE
GLUE
MAAS
MAAS
Q3 25
5.1%
Q2 25
7.3%
Q1 25
1.9%
Q4 24
0.3%
Q4 23
Q3 23
Q2 23
Q1 23
Cash Conversion
GLUE
GLUE
MAAS
MAAS
Q3 25
Q2 25
Q1 25
-0.97×
Q4 24
9.59×
Q4 23
Q3 23
Q2 23
Q1 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GLUE
GLUE

Segment breakdown not available.

MAAS
MAAS

Wealth management$7.8M78%
Insurance consulting$1.0M10%
Other$975.0K10%
Asset management$168.0K2%

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