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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.
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Q3 2025 earnings summary10 Nov, 2025

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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Frequently asked questions

SenesTech, Inc., founded in 2004, is a biotechnology company that specializes in developing and commercializing fertility control products for managing animal pest populations. The company's flagship product, ContraPest, is a liquid bait that targets the reproductive systems of both male and female rats, aiming to reduce rat populations sustainably. ContraPest is used across various industries, including government, healthcare, agriculture, food production, and commercial sectors, to promote food security and mitigate infrastructure damage, environmental contamination, and disease outbreaks associated with rodent infestations. SenesTech markets its products throughout the United States via a network of distributors. The company is headquartered in Phoenix, Arizona, and its shares are listed on the Nasdaq.

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