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Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
Pharmala Biotech
Pharmala Biotech (MDMA) investor relations material
Pharmala Biotech Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary24 Dec, 2025
Executive summary
Major steps taken in late 2025 and Q1 2026 to advance novel molecule development, aiming to start Phase 2a/b clinical trials in Australia.
Demand for LaNeo MDMA continues to grow, supported by reimbursement approvals in Australia.
Financial highlights
Customer deposits increased by $150k in year-end 2025, offset by $83k recognized revenue, totaling $276k compared to $209k a year earlier.
Q1 2026 saw a $225k increase in deposits, offset by $68k recognized revenue, totaling $433k compared to $276k at the end of 2025.
Deposits typically represent 50% of contract value, with revenue recognized upon product shipment and regulatory approval.
Outlook and guidance
Anticipates continued momentum in development and clinical trial pipeline growth throughout fiscal 2026.
Expects further growth in clinical trial sales due to expanded reimbursement in Australia.
Status of ALA-002 clinical trials?
What is delaying customer deposit revenue recognition?
Impact of Australian MDMA reimbursement approval?
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Next Pharmala Biotech earnings date
Q1 202629 Apr, 2026
Pharmala Biotech
Next Pharmala Biotech earnings date
Q1 202629 Apr, 2026
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Frequently asked questions
Pharmala Biotech Holdings Inc is a biotechnology company focused on the research, development, and manufacturing of medical-grade psychedelic compounds. The company specializes in the production of MDMA and related substances for use in scientific research and potential therapeutic applications. Its activities include active pharmaceutical ingredient (API) synthesis, regulatory compliance, and supply to clinical trial sponsors and academic institutions. The company is headquartered in Vancouver, Canada, and its shares are listed on the CSE.
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