earnings
confidence high
sentiment neutral
materiality 0.55
Edesa Biotech reports Q3 net loss of $1.7M; advances EB06 manufacturing for vitiligo Phase 2
Edesa Biotech, Inc.
- Net loss of $1.7M ($0.25/sh) for quarter ended June 30, 2025, unchanged from $1.7M ($0.52/sh) YoY.
- Operating expenses flat at $1.9M; R&D $0.9M, G&A $1.0M.
- Cash and cash equivalents $12.4M, working capital $12.1M at June 30, 2025.
- EB06 Phase 2 vitiligo IND data submission to FDA planned by end of calendar 2025; manufacturing activities ongoing.
- EB05 program benefits from fully funded U.S. government platform study; first randomizations completed.
item 2.02item 9.01