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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Numinus Wellness
Numinus Wellness (NUMI) investor relations material
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Numinus Wellness Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary28 Aug, 2026
Executive summary
Revenue grew 29.0% quarter-over-quarter to $2.3 million in Q4 2025, with gross profit rising to $1.4 million from $0.8 million in Q3 2025.
Practitioner Training revenue surged 387.6% to $1.0 million, reaching a milestone annual profit of $1.2 million versus a prior-year loss.
Cash position at quarter-end was $0.5 million, with a working capital deficiency of $2.7 million.
Financial highlights
Gross margin improved to 61.2% in Q4 2025 from 48.3% in Q3 2025.
Operating expenditures increased to $2.9 million from $1.7 million sequentially.
Loss and comprehensive loss for Q4 2025 was $881,837.
Outlook and guidance
Management is focused on completing interim financial reports and regulatory requirements to have the cease trade order revoked and to list shares on the Canadian Securities Exchange.
Regulatory developments in the U.S. for psychedelic-based treatments are expected to benefit clinical research and practitioner training, pending further agency implementation.
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Latest events from Numinus Wellness
- Integrated research and training platform drives growth in the expanding psychedelic therapy market.NUMI
Investor presentation - Q1 2025 saw 68% revenue growth, higher margins, and sharply reduced losses.NUMIQ1 2025
- Revenue surged 83.8% year-over-year, but net loss widened and cash reserves remain low.NUMIQ2 2025
- Revenue up 16.4% in Q4 2024, with improved margins and strategic U.S. asset sale.NUMIQ4 2024
- Revenue up 81.6% and gross margin turned positive as cost controls drive improved results.NUMIQ3 2025
- All AGM resolutions passed, with a strategic pivot to psychedelic medicine infrastructure.NUMIAGM 2025
- AI-driven expansion and practitioner training fuel growth in psychedelic mental health services.NUMIInvestor Presentation
- Expanding U.S. operations, clinical trial growth, and licensing drive future profitability.NUMIMaxim Group’s 2024 Healthcare Virtual Summit
- Cost cuts and MedBright AI deal drive U.S. shift and scalable, tech-enabled growth.NUMIQ3 2024
Numinus Wellness
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Frequently asked questions
Numinus Wellness Inc is a mental health care company specializing in psychedelic-assisted therapies and related services. It operates wellness clinics, conducts clinical research, and develops therapeutic protocols. The company is headquartered in Vancouver, Canada, and its shares are listed on the TSX Venture Exchange.