earnings
confidence high
sentiment neutral
materiality 0.75
Co-Diagnostics Q3 net loss narrows to $5.9M; announces JV in Saudi Arabia and SPAC exploration for India unit
Co-Diagnostics, Inc.
2025-Q3 EPS reported
-$0.62
revenue$358,567
- Revenue $0.1M, down from $0.6M YoY; net loss $5.9M ($0.16/share) vs $9.7M ($0.32) in Q3 2024.
- Operating loss $7.0M vs $10.2M; adjusted EBITDA loss $6.3M.
- Cash and marketable securities $11.4M at Sept 30, 2025.
- Signed JV with Arabian Eagle Manufacturing for CoMira Diagnostics in KSA and 18 MENA nations.
- Engaged Maxim Group to pursue SPAC transaction for CoSara India JV; closed RDOs totaling ~$10.8M gross.