earnings
confidence high
sentiment neutral
materiality 0.50
Zomedica Q2 2022 revenue $4.2M, up 51% pro-forma; net loss $5.3M, cash $186.8M
Zomedica Corp.
2022-Q2 EPS reported
-$0.01
revenue$7,997,000
- Revenue $4.2M (71% gross margin), up 51% pro-forma vs combined $2.8M in Q2 2021.
- PulseVet revenue $4.2M (+48% standalone); small animal systems sold 22 (20x increase).
- Net loss $5.3M ($0.005/sh) vs $4.7M loss in Q2 2021; 6-month loss $9.2M ($0.009/sh).
- Cash $186.8M; used $5.5M in quarter including $1M convertible note in SMP (VetGuardian).
- Post-quarter acquisitions: Revo 2 imaging assets and Assisi LOOP/Calmer Canine products.