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Syra Health (SYRA) investor relations material
Syra Health Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q3 2025 was $1.7 million, down 25% year-over-year, with 96% growth in Population Health revenue offset by a sharp decline in healthcare workforce revenue.
Net loss for the quarter was $225,902, a 46% improvement from the prior year, and EPS improved to $(0.02) from $(0.06).
Gross margin improved by 300 basis points to 33% for the quarter.
The company voluntarily delisted from Nasdaq in April 2025 after failing to meet the minimum bid price requirement.
Leadership changes included the termination of the CEO and appointment of the CFO/COO as interim CEO.
Financial highlights
For the nine months ended September 30, 2025, revenue was $5.49 million, down 8% year-over-year.
Gross profit margin improved to 35% from 22% year-over-year for the nine-month period.
Operating loss for the nine months was $768,663, a significant improvement from $3.26 million in the prior year.
Cash and cash equivalents at September 30, 2025, were $1.98 million, with no long-term debt.
Working capital at September 30, 2025, was $2.16 million.
Outlook and guidance
Management expects continued delays and cancellations in new contract awards due to reductions in government spending, which may negatively impact revenue and cash flows in the near term.
The company does not expect existing liquidity to be sufficient for the next twelve months and may require additional financing.
Management aims to capitalize on market momentum as federal budget clarity improves, maintaining cost discipline to move toward profitability.
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