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Trinity Biotech (TRIB) investor relations material
Trinity Biotech 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 $14.2m on a like-for-like basis, slightly down from $14.6m in Q3 2024, excluding discontinued low-margin product lines.
Strong quarter-on-quarter revenue growth driven by UniGold HIV sales and resumption of TrinScreen HIV manufacturing under a new outsourced model.
Achieved positive Adjusted EBITDA of $0.5m, a significant improvement from negative $1.4m in Q3 2024.
Net loss widened to $5.1m from $4.8m in Q3 2024, but loss per ADS improved to $0.28 from $0.46.
Financial highlights
Total revenue was $14.3m, down from $15.2m in Q3 2024.
Gross profit increased to $6.5m (Q3 2024: $5.3m) with gross margin rising to 45.2% from 35.0%.
Adjusted EBITDA turned positive at $0.5m versus negative $1.4m a year ago.
R&D expense reduced to $0.8m (Q3 2024: $1.0m), with $1.7m capitalized, including $1.0m for the CGM program.
SG&A expense decreased to $6.2m from $6.5m, reflecting cost reductions.
Outlook and guidance
Additional liquidity of $4.0m was secured from the primary lender in October 2025.
Forward-looking statements highlight focus on growth, market acceptance of new products, and recurring revenues, but caution on risks such as debt reduction, profitability, and market conditions.
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