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PetVivo (PETV) investor relations material
PetVivo Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record quarterly revenue of $303,284, up 51% year-over-year, and first-half revenue of over $600,784, up 85% year-over-year, driven by new product launches and expansion into the companion animal market.
Expanded adoption of flagship Spryng product and launched Precise PRP, with strong uptake in the canine market, initial equine sales, and exclusive licensing agreements with VetStem and Digital Landia.
Entered new international markets with distributors in Mexico, the UK, and Europe, targeting high-growth animal health sectors and uplisted to OTCQX Best Market.
Formed strategic partnerships, including with VetStem, Commonwealth Markets, Digital Landia (AI), PiezoBioMembrane, and others for product and technology expansion.
Appointed Josh Ruben to the board, bringing significant healthcare, capital markets, and strategic expertise.
Financial highlights
Quarterly revenues were $303,284, up from $200,720 year-over-year; six-month revenues were $600,784, up from $324,470; distributor sales rose 35% to $237,000, representing 75% of total revenue.
Gross profit was $220,058 (72.6% margin), up 23% in dollars but down from 89.5% margin due to product mix shift; gross margin improved from 63.8% in the prior quarter.
Operating expenses decreased 3% to $2,285,425, driven by cost reductions and restructuring.
Operating loss was $2.1 million, net loss was $3,007,809 ($0.11/share), mainly from increased interest expense; adjusted net loss improved 5% to $2.1 million.
Cash at quarter-end was $768,000, up from $220,000 at prior fiscal year-end, due to financing activities; total liabilities dropped 79% to $1.1 million, mainly from debt conversion and settlements.
Outlook and guidance
Expects continued strong sales momentum, record growth, and improving bottom line for fiscal 2026, with Q3 and Q4 typically strongest due to industry events and increased product awareness.
Management anticipates further revenue growth from new product launches and expanded distribution partnerships, but expects continued need for additional capital to support commercialization and operations.
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