NexGel Inc (NAS:NXGL)

Q1 2025 Nexgel Inc Earnings Call Transcript

May 13, 2025 / 08:30 PM GMT

Release Date Price: $2.76 (+1.47%)

Transcript 10-Q8-K

Key Points

Positve

NexGel Inc (NXGL) reported a 121% year-over-year increase in revenue for Q1 2025, totaling $2.81 million.
Gross profit margin improved significantly to 42.4% in Q1 2025 from 12.6% in Q1 2024.
Contract manufacturing and consumer branded products both showed substantial growth, with consumer products increasing by 189% year over year.
The company has a robust pipeline of new and potential customers for 2025, indicating future growth opportunities.
NexGel Inc (NXGL) has received approval from Health Canada to sell its Silver Seal product, expanding its market reach.

Negative

The launch of Avi's Raonic machine has been delayed, impacting potential revenue from this partnership.
Selling, general, and administrative expenses increased significantly to $1.96 million in Q1 2025 from $1.03 million in Q1 2024.
The company is facing potential challenges with tariffs on products sourced from China, which could impact costs.
NexGel Inc (NXGL) reported a net loss of $0.71 million for Q1 2025, although this is an improvement from the previous year.
The company may need to explore additional financing options, as current cash reserves might not be sufficient until achieving EBITDA positivity.

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

NXGL.OQ - Nexgel Inc
Q1 2025 Nexgel Inc Earnings Call
May 13, 2025 / 08:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good afternoon. I will be your conference operator today. At this time, I would like to welcome everyone to NextGel's first quarter 2025 financial results conference call.

I will now turn the call over to Walter Pinto, managing director of KCSA Strategic Communications for introductions. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you, operator. Good afternoon and welcome everyone to NextGel's first quarter, 2025 financial results conference call. I'm joined today by Adam Levy, Chief Executive Officer, and Joe Mcguire, Chief Financial Officer.

Before we

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.