Biote Corp (NAS:BTMD)
$ 1.54 +0.060 (+4.05%) Market Cap: 46.71 Mil Enterprise Value: 157.95 Mil PE Ratio: 3.50 PB Ratio: 0 GF Score: 61/100

Q1 2025 Biote Corp Earnings Call Transcript

May 7, 2025 / 09:00 PM GMT
Release Date Price: $3.34 (-0.89%)

Key Points

Positve
  • Biote Corp (BTMD) reported a 4.7% increase in total revenue for the first quarter of 2025.
  • The company's dietary supplements business showed strong performance, with a 25.5% increase in revenue, primarily driven by e-commerce growth.
  • Gross profit margin improved by 300 basis points to 74.3%, attributed to vertical integration of the 503b manufacturing facility.
  • Biote Corp (BTMD) is implementing a strategic organizational restructuring to drive sustainable, profitable growth and create long-term value for stockholders.
  • The company is expanding its sales force by approximately 25% to accelerate new clinic growth and strengthen relationships with top-tier providers.
Negative
  • Procedure revenue decreased by 3.6% due to reduced commercial effectiveness and a slowdown in new clinic additions.
  • The company experienced a minor decrease in procedure volumes and select reductions in average selling prices.
  • Biote Corp (BTMD) anticipates a one-time restructuring charge of approximately $0.6 million to $0.8 million in the second quarter of 2025.
  • The company acknowledged that 2025 will be a transition year financially, with potential risks around achieving the 2% to 4% procedure revenue growth target.
  • Increased selling, general, and administrative expenses by 16.4% reflect higher investments in sales and marketing, impacting adjusted EBITDA.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BTMD.OQ - biote Corp
Q1 2025 Biote Corp Earnings Call
May 07, 2025 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Hello and welcome to the bioti 1st quarter 2025 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by 0.

After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then 1.

Please note this event is being recorded.

I would now like to turn the conference over to Simon Saraviki. Please go ahead.

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Unidentified_2 [2]
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Thank you for joining us today.

This afternoon,
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