Vivos Therapeutics Inc (NAS:VVOS)
$ 0.48 -0.014 (-2.84%) Market Cap: 6.66 Mil Enterprise Value: 16.68 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 41/100

Q1 2025 Vivos Therapeutics Inc Earnings Call Transcript

May 15, 2025 / 09:00 PM GMT
Release Date Price: $3.06 (+0.66%)

Key Points

Positve
  • Vivos Therapeutics Inc (VVOS) has seen an 87% increase in total arches shipped, indicating strong product demand.
  • The company is expecting the acquisition of Sleep Center of Nevada (SCN) to be accretive to revenue and gross profit in the near term.
  • Vivos Therapeutics Inc (VVOS) has secured a non-binding term sheet for a $7.5 million senior loan to support the SCN acquisition and working capital.
  • The company has successfully transitioned to a new business model focusing on strategic alliances and acquisitions, which is expected to drive growth.
  • Vivos Therapeutics Inc (VVOS) has received FDA clearance for its appliances to treat severe obstructive sleep apnea (OSA), expanding its treatment capabilities.
Negative
  • First quarter 2025 total revenue decreased to $3 million from $3.4 million in the same period of 2024, primarily due to lower service revenue.
  • The company's gross margin decreased from 57% in Q1 2024 to 50% in Q1 2025, reflecting a decline in VIP service revenue.
  • Vivos Therapeutics Inc (VVOS) reported a net loss of $3.9 million for Q1 2025, slightly higher than the $3.8 million loss in Q1 2024.
  • Cash used in operations increased to $3.8 million in Q1 2025, up from $2.5 million in the prior year period.
  • The company's cash position decreased significantly from $6.3 million at the end of 2024 to $2.3 million as of March 31, 2025.


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

VVOS.OQ - Vivos Therapeutics Inc
Q1 2025 Vivos Therapeutics Inc Earnings Call
May 15, 2025 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good day, everyone, and welcome to the Vivos Therapeutics, first quarter 2025 earnings call. At this time, participants are in a lesson only mode.

A question and answer session will follow management's remarks.

This conference call is being recorded and replay for today's call will be available on the investor relations section of Vivo's website.

And will remain posted there for the next 30 days.

I will now hand the call over to Brad Aman, Chief Financial Officer for introductions and the reading of the Safe Harbor statement. Please go ahead.

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Unidentified_2 [2]
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