earnings
confidence high
sentiment neutral
materiality 0.60
VolitionRx reports FY2024 revenue up 59% to $1.2M; cash at $3.3M
VOLITIONRX LTD
2025-Q1 EPS reported
-$0.06
revenue$246,385
- Revenue $1.2M in 2024, up 59% YoY; Nu.Q Vet revenue up 75%, Nu.Q Discover up 40%.
- Operating expenses down 23% YoY; post-year-end raised $2.3M equity and $1.8M non-dilutive funding.
- Sold ~120,000 Nu.Q Vet Cancer Tests; available in 20+ countries; active commercial discussions for human diagnostics.
- Goal to be cash neutral in 2025 via licensing receipts and revenue.
- Board strengthened with new Chair Timothy Still and Director Dr. Ethel Rubin.