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Senestech (SNES) investor relations material
Senestech Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record Q3 2025 revenue of $690,000, up 43% year-over-year, driven by rapid adoption of the Evolve product line, which now represents 85% of total revenue and saw 77% year-over-year growth across all major channels.
E-commerce remains the largest channel, accounting for 54% of revenue, with Amazon and other platforms showing double-digit monthly and 55% year-over-year growth.
Retail sales surged 254% year-over-year, led by Ace Hardware and Bradley Caldwell expansion, while municipal revenue grew 139% year-over-year with notable deployments in New York City and Chicago.
Pest management professional revenue represented nearly 20% of Q3 sales, up 29% year-over-year and 72% sequentially.
Focus remains on sustainable, high-margin revenue growth, operational efficiency, and manufacturing cost reductions.
Financial highlights
Q3 2025 revenue was $690,000, up 43% year-over-year and 10% sequentially; nine-month revenue reached $1.8 million, up 33%.
Gross margin for Q3 2025 was 63%, with gross profit at $433,000; nine-month gross margin was 64.2%, up from 51.5% in 2024.
Adjusted EBITDA loss improved to $1.2 million, the lowest in company history; net loss narrowed to $1.3 million, or $1.1 million excluding one-time legal and lease expenses.
Operating expenses decreased 4% year-over-year and 12% sequentially, with Q3 expenses at $1.8 million.
Cash and short-term investments totaled $10.2 million at quarter-end, providing a solid operating runway.
Outlook and guidance
Confident in achieving profitability without further equity offerings, given current cash and growth trajectory; cash expected to fund operations for at least the next 12 months.
Expect continued strong growth in e-commerce, retail, municipal, and pest management channels, with potential for transformational growth from large-scale deployments.
Anticipate more international market approvals and expansion in the coming months.
Additional financing may be needed if revenue or margin targets are not met.
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