Solesence | 8-K: FY2025 Q2 Revenue: USD 20.36 M

Revenue: As of FY2025 Q2, the actual value is USD 20.36 M.

EPS: As of FY2025 Q2, the actual value is USD 0.04.

EBIT: As of FY2025 Q2, the actual value is USD 3.057 M.

Revenue

• Revenue for the second quarter increased 56% to $20.4 million, compared to $13.0 million for the same period in 2024.

Gross Profit

• Gross profit in the second quarter was $5.9 million, compared to $3.7 million for the same period in 2024.

Gross Margin

• Gross margin in the second quarter was 29%, similar to the second quarter in 2024.

Net Income

• Net income for the second quarter was $2.7 million, which includes an Employee Retention Credit net receipt of approximately $1.2 million plus related interest, compared to a net income of $0.9 million for the same period in 2024.

Operational Metrics

• Shipment volume increased 102% year-over-year.
• Production volume increased 127% year-over-year.

Cash Flow

• Cash: $4,108 thousand as of June 30, 2025, compared to $1,409 thousand as of December 31, 2024.
• Trade accounts receivable, net: $11,049 thousand as of June 30, 2025, compared to $4,869 thousand as of December 31, 2024.

Unique Metrics

• Expanded debt facilities to support executing the Company’s long-term growth initiatives. The new facility expands the Company’s three loan agreements to a maximum borrowing capacity from $14.2 million to $23.0 million and extends the maturity date under each respective loan agreement from October 1, 2025 to April 30, 2027.

Outlook / Guidance

• Solésence, Inc. is focused on equipping its partners with differentiated consumer products that enrich lives and promote well-being.
• The company has enhanced its financial flexibility to further invest in its future and scale for growth.