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Syra Health (SYRA) investor relations material
Syra Health Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary12 Aug, 2025
Executive summary
Q2 2025 net revenues were $1.95M, flat to down 1% year-over-year, with a shift from healthcare workforce to strong growth in population health services.
Net loss for Q2 2025 narrowed to $63.6K–$64K, a 95% improvement from $1.39M–$1.4M loss in Q2 2024, driven by cost reductions and operational restructuring.
Gross margin improved to 38.7%–39% in Q2 2025 from 17.8%–18% in Q2 2024, reflecting lower labor costs and a shift to higher-margin business.
CEO was terminated for cause in June 2025; CFO/COO appointed as interim CEO.
Voluntary delisting from Nasdaq occurred in April 2025 after non-compliance with minimum bid price.
Financial highlights
Q2 2025 net revenues: $1.95M (flat/down 1% year-over-year); six months ended June 30, 2025: $3.80M (up 2%).
Population Health revenue surged 197% to $1.6M, led by a $5.8M Indiana FSSA contract.
Q2 2025 gross profit: $753K (up 115% year-over-year); six months: $1.34M (up 153%).
Total operating expenses fell 53% to $816K, reflecting cost reductions in salaries, R&D, and SG&A.
Cash and cash equivalents at June 30, 2025: $2.3M; no long-term debt; working capital: $2.38M.
Outlook and guidance
Management expects delays and cancellations in new contract awards due to federal spending pauses, which may negatively impact near-term revenue and cash flows.
Existing liquidity and expected cash from operations are not sufficient to fund operations for the next twelve months; additional financing may be required.
Management is focused on scaling high-performing business units and expanding into the private sector.
Strategy to counter federal spending program delays?
Drivers for sustainable gross margin improvement?
What is the private sector growth financial impact?
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Next Syra Health earnings date
Q3 202528 Oct, 2025
Next Syra Health earnings date
Q3 202528 Oct, 2025
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Frequently asked questions
Syra Health Corp. is a healthcare technology company that offers a range of products and services in behavioral and mental health, digital health, population health management, health education, and healthcare workforce solutions. Their key offerings include the Syrenity application for mental health, the SyraBot for automating healthcare tasks, and CarePlus for electronic medical records. The company also provides analytics services, medical communications, patient education, and healthcare training, along with recruiting healthcare professionals for long-term contracts. Syra Health serves mental health hospitals, government agencies, integrated health networks, managed care entities, and pharmaceutical manufacturers. The company is headquartered in Carmel, Indiana, and its shares are listed on NASDAQ.
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