earnings
confidence high
sentiment negative
materiality 0.70
Emmaus Life Sciences reports 2024 net revenue down 44% to $16.7M; net loss widens to $0.10/share
Emmaus Life Sciences, Inc.
2025-Q1 EPS reported
-$0.04
revenue$2,406,000
- Net revenue $16.7M in 2024, down 44% from $29.6M in 2023 due to inventory shortage.
- Loss from operations of $1.9M vs income of $3.5M in 2023.
- Net loss $6.5M ($0.10 per share) vs net loss $3.7M ($0.07) in 2023.
- Cash at Dec. 31, 2024: $1.4M, down from $2.5M a year earlier.
- Management expects 2025 net revenues to reach or exceed 2024 levels.