Zomedica FY 2025 net loss widened 74% to USD 81.86 million on revenue up 17% to USD 32.03 million

Reuters03-17
Zomedica FY 2025 net loss widened 74% to USD 81.86 million on revenue up 17% to USD 32.03 million

Zomedica published its annual report on Form 10-K for FY 2025. Revenue rose 17% to USD 32.03 million, driven mainly by contract manufacturing and engineering revenue, growth in PulseVet consumables, growth in TRUFORMA products including new assay launches, and initial sales of VETIGEL. Net loss widened 74% to USD 81.86 million, primarily due to impairment expense of USD 55.83 million tied to a sharp decline in market capitalization following the company’s delisting from NYSE American. Cash used in operating activities fell 25% to USD 17.65 million, reflecting lower operating expenses excluding non-cash charges. Cash and cash equivalents ended the year at USD 9.02 million, and management said existing cash is sufficient to fund expected short-term needs and long-term operational requirements.

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