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Mangoceuticals (MGRX) investor relations material
Mangoceuticals Registration Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Company overview and business model
Operates a telemedicine platform focused on men's wellness, offering products for erectile dysfunction, hair loss, hormone therapy, and weight management, as well as an FDA-approved oral testosterone therapy.
Products are marketed under the Mango, Grow, Mojo, and Slim brands, with fulfillment by a related-party pharmacy, Epiq Scripts, which is majority-owned by the CEO.
The company has expanded its IP portfolio, including patents for respiratory illness prevention and plant-based skin care, and is preparing to commercialize these assets.
Revenue is generated through direct-to-consumer online sales, with a focus on subscription plans for recurring revenue.
Financial performance and metrics
For the year ended December 31, 2024, revenue was $615,873, down from $731,493 in 2023, primarily due to a platform transition.
Net loss for 2024 was $8,707,226, compared to $9,212,417 in 2023; accumulated deficit as of December 31, 2024 was $20,004,486.
As of September 30, 2025, cash on hand was $481,281, with a working capital deficit of $0.2 million and an accumulated deficit of $39.5 million.
The company has experienced recurring net losses and expects to continue incurring substantial operating expenses as it invests in marketing, technology, and product development.
Use of proceeds and capital allocation
The company will not receive proceeds from the resale of shares by selling stockholders; proceeds from warrant exercises will be used for general working capital.
Recent capital raises have been used for marketing, operational expenses, hiring, software development, and working capital.
Additional funding is anticipated to be required within the next 12 months to support ongoing operations and potential acquisitions.
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