Zomedica Corp (OTCPK:ZOMDF)
$ 0.083 -0.00094 (-1.12%) Market Cap: 81.34 Mil Enterprise Value: 35.84 Mil PE Ratio: 0 PB Ratio: 0.73 GF Score: 0/100

Q1 2025 Zomedica Corp Earnings Call Transcript

May 15, 2025 / 08:30 PM GMT
Release Date Price: $0.059 (+1.64%)

Key Points

Positve
  • Zomedica Corp (ZOMDF) achieved its 17th consecutive quarter of year-over-year record revenue, with Q1 2025 revenue reaching $6.5 million, a 4% increase from the previous year.
  • The company saw a 32% year-over-year growth in international revenue, driven by expansion into key international markets.
  • Zomedica Corp (ZOMDF) launched five new assays in 2024, contributing to a 41% year-over-year growth in the TrueForma platform during Q1 2025.
  • The company has made strategic investments in infrastructure, such as expanding manufacturing and distribution facilities, which are expected to improve efficiency and reduce costs.
  • Zomedica Corp (ZOMDF) reduced its cash operating expenses by $1.2 million year-over-year and $1 million sequentially, demonstrating a focus on cost management.
Negative
  • The company reported a net loss of $63.8 million for Q1 2025, primarily due to a $55.8 million non-cash impairment expense.
  • Diagnostic segment revenues decreased by 25%, with challenges in the Vet Guardian product line impacting overall performance.
  • Sales and marketing expenses increased by 22% compared to the prior quarter, raising concerns about high marketing costs relative to industry averages.
  • Zomedica Corp (ZOMDF) faces challenges in gaining institutional coverage and investment banking relations due to its stock price being below $1 and trading on the OTC market.
  • The company has no immediate plans for a reverse stock split or stock buyback, which may affect investor sentiment regarding stock price appreciation.


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

ZOMDF.PK - Zomedica Corp
Q1 2025 Zomedica Corp Earnings Call
May 15, 2025 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon, ladies and gentlemen, and welcome to the Zumetica first quarter 2025 earnings call.

At this time, all lines are in the listen-only mode.

Following the presentation, we will conduct a question and answer session.

If at any time during this call you require immediate assistance, please press 0 for the operator.

This call is being recorded on Thursday, May 15, 2025.

I would now like to turn the conference over to Jason Westfall, senior director of BNA. Please go ahead.

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Unidentified_2 [2]
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