debt
confidence high
sentiment positive
materiality 0.75
Rapid Micro Biosystems Q2 revenue $7.3M (+10% YoY); enters $45M term loan with Trinity Capital
RAPID MICRO BIOSYSTEMS, INC.
- Q2 2025 revenue $7.3M, up 10% YoY; net loss $11.9M ($0.27/sh) vs $12.6M ($0.29) prior year.
- Gross margin turned positive at 4% (vs -3% in Q2 2024); recurring revenue up 15% to $4.4M.
- Reaffirms FY2025 revenue guidance of at least $32.0M.
- Entered $45M term loan facility with Trinity Capital; $20M drawn at close, no financial covenants.
- Initial interest rate 11.5% p.a.; 36-month interest-only period; warrants for 179,104 shares at $3.35/sh.
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