earnings
confidence high
sentiment positive
materiality 0.75
NEXGEL prelim Q4 rev ~$3M, FY2024 ~$8.6M (+100% YoY); guides FY2025 >$13M, cash flow positive
NEXGEL, INC.
2024-FY EPS reported
-$0.50
revenue$8,688,000
- Preliminary Q4 2024 revenue ~$3.0M; full year ~$8.6M, representing >100% YoY growth for third consecutive year.
- 2025 guidance: at least $13M revenue and positive cash flow from operations during the year.
- Silly George run rate grew from $2M to >$5M post-acquisition (May 2024); new beauty under-eye patch planned.
- Contract manufacturing added two large international customers; one began Q4 revenue, other expected Q1 2025.
- Medagel to launch SilverSeal wound kit and burn pads; Kenkoderm to expand into new indication Q3 2025.