SenesTech Reviews First Quarter 2025 Monetary Effects 40% Income Enlargement in Evolve™, File Rude Benefit Margins of 65%, and Endured Go Towards Profitability
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SenesTech Reviews First Quarter 2025 Monetary Effects 40% Income Enlargement in Evolve™, File Rude Benefit Margins of 65%, and Endured Go Towards Profitability


SURPRISE, Ariz., Might 8, 2025 /PRNewswire/ — SenesTech, Inc. (NASDAQ: SNES), the chief in fertility regulate for managing animal pest populations and the one producer of EPA-registered rodent beginning regulate merchandise these days introduced its monetary effects for the primary quarter ended March 31, 2024.

Q1 2025 Highlights

  • Revenues higher 17% to $485,000 from $415,000 in Q1 2024.
  • Evolve gross sales grew 40% year-over-year, now representing 79% of general earnings.
  • Rude benefit margin expanded to 64.5%, a document for the Corporate, in comparison to 32.5% in Q1 2024.
  • Web loss for Q1 2025 used to be $1.7 million, in comparison to $1.8 million in Q1 2024.
  • Adjusted EBITDA loss advanced to $1.5 million, in comparison to $1.7 million within the prior 12 months quarter.
  • Annualized value discounts of $2 million anticipated to start impacting ends up in Q2 2025.

Operational and Strategic Highlights

Product Growth: The upper-margin Evolve™ Rat and Evolve™ Mouse merchandise, introduced in 2024, at the moment are SenesTech’s greatest earnings drivers. Those merchandise are uniquely designed for proactive rodent fertility regulate and proceed to achieve traction amongst pest control pros and customers.

E-commerce Enlargement: E-commerce earnings greater than doubled year-over-year, with a 107% building up pushed through enhanced platform capability and virtual advertising and marketing throughout Amazon, Walmart, Tractor Provide, DIYpestcontrol.com, and SenesTech.com.

Municipal Deployment: SenesTech expanded Evolve deployments throughout primary U.S. municipalities. In Chicago’s Wicker Soil and Bucktown districts, early adoption has been sure. Untouched York Town started a rat birth control pilot in April 2025 following Town Council commendation latter fall. Extra municipal deployments are underway or deliberate in Boston, San Francisco, Baltimore, Los Angeles County, and Waukesha, Wisconsin.

World Enlargement: SenesTech has signed distribution guarantees in 11 international locations and territories. Product shipments have already commenced in The Netherlands, Hong Kong, the UAE, and the Maldives. Regulatory approvals are pending in Australia and Untouched Zealand, the place alternative launches are deliberate for upcoming in 2025.

Media Protection and Consciousness: SenesTech’s  distinctive strategy to pest regulate has garnered nationwide media protection:

    • CBS Information profiled the corporate’s paintings in Chicago.
    • The Parent reported at the Untouched York Town pilot program.
    • Pest Control Skilled and Communicate Markets highlighted the rising adoption of Evolve in key city markets.

CEO Observation

“We achieved record margins and continued growth of our flagship Evolve product line,” mentioned Joel Fruendt, CEO of SenesTech. “Our success in municipal markets, direct-to-consumer channels, and international expansion underscores the growing demand for effective, sustainable, humane, and non-lethal rodent control. We have proven that the addition of fertility control to an integrated pest management program significantly improves efficacy. With these drivers and our cost optimization initiatives, we are accelerating toward profitability.”

“By lowering our breakeven revenue threshold from $12 million to approximately $7 million, we are significantly closer to positive cash flow,” Fruendt added.

Usefulness of Non-GAAP Measure

Adjusted EBITDA is a non-GAAP measure. On the other hand, this measure isn’t meant to be an alternative choice to the ones monetary measures reported in response to GAAP. Adjusted EBITDA has been integrated as a result of control believes that, when regarded as along side the GAAP figures, it supplies significant knowledge similar to our running efficiency and liquidity and will improve an total figuring out of economic effects and traits. Adjusted EBITDA is also calculated through us another way than alternative firms that divulge measures with the similar or indistinguishable time period. See our hooked up financials for a reconciliation of this non-GAAP measure to the then GAAP measure.

Convention Name Main points

Presen: Thursday, Might 8, 2025

Date: 5:00 p.m. ET

Dial-in: (844) 308-3351 or (412) 317-5407.

Webcasthttps://app.webinar.net/apd0NxXNkvw.

Replay: To be had for 7 days at (877) 344-7529 (Get admission to code: 9826123).

Webcast Replay: To be had for 90 days at the Corporate’s web site.

About SenesTech

We’re dedicated to making improvements to the fitness of the arena through humanely managing animal pest populations thru our experience in fertility regulate. We invented ContraPest, the one U.S. EPA-registered contraceptive for female and male rats, in addition to Evolve and Evolve Mouse, EPA-designated minimal chance contraceptives for rodents, reflecting our venture to lend merchandise which are proactive, secure and sustainable. ContraPest and Evolve are compatible seamlessly into all built-in pest control techniques, considerably making improvements to the entire objective of efficient pest control. We attempt for blank towns, environment friendly companies and glad families – with a product designed to be humane, efficient and sustainable.

For more info discuss with https://senestech.com/.

Shield Harbor Remark

This press leave accommodates “forward-looking statements” inside the that means of federal securities regulations, and we intend that such forward-looking statements be topic to the secure harbor created thereby. Such forward-looking statements come with, amongst others, our trust that Evolve Rat and Evolve Mouse proceed to achieve traction amongst pest control pros and customers; our expectation for alternative municipal deployments which are underway or deliberate; our expectation that alternative launches in Australia and Untouched Zealand are deliberate for upcoming in 2025; our trust that we’re accelerating towards profitability; our trust that through reducing our breakeven earnings threshold, we’re considerably nearer to sure money current; our venture to lend merchandise which are proactive, secure and sustainable; and our trust that ContraPest and Evolve are compatible seamlessly into all built-in pest control techniques, considerably making improvements to the entire objective of efficient pest control.

Ahead-looking statements would possibly describe week expectancies, plans, effects, or methods and are regularly, however now not all the time, made during the utility of phrases equivalent to “believe,” “may,” “future,” “plan,” “will,” “should,” “expect,” “anticipate,” “eventually,” “project,” “estimate,” “continuing,” “intend” and indistinguishable phrases or words. You’re cautioned that such statements are topic to dangers, uncertainties and alternative components that might purpose fresh effects to range materially from the ones mirrored through such forward-looking statements. Such components come with, amongst others, the a hit commercialization of our merchandise; marketplace acceptance of our merchandise; our monetary efficiency, together with our talent to capitaltreasury operations; our talent to preserve compliance with Nasdaq’s endured list necessities; regulatory commendation and law of our merchandise; and alternative components and dangers known from hour to hour in our filings with the Securities and Change Fee, together with our Annual Document on Method 10-Ok for the fiscal 12 months ended December 31, 2024. All forward-looking statements contained on this press leave talk best as of the presen on which they have been made and are in line with control’s suppositions and estimates as of such presen. Apart from as required through regulation, we don’t adopt any legal responsibility to publicly replace any forward-looking statements, whether or not because of the receipt of pristine knowledge, the prevalence of week occasions or another way.

CONTACT:

Buyers: Robert Blum, Lytham Companions, LLC, (602) 889-9700, [email protected]

Corporate: Tom Chesterman, Monetary Officer, SenesTech, Inc., (928) 779-4143

SENESTECH, INC.
BALANCE SHEETS
(In 1000’s, aside from proportion and in keeping with proportion information)
(Unaudited)


March 31,
2025


December 31,
2024

ASSETS




Flow belongings:




Money and money equivalents

$               1,655


$               1,307

Accounts receivable, web

498


335

Pay as you go bills and alternative wave belongings

258


377

Stock, web

753


794

Overall wave belongings

3,164


2,813

Feature and kit, web

404


407

Alternative noncurrent belongings

58


58

Overall belongings

$               3,626


$               3,278





LIABILITIES AND STOCKHOLDERS’ EQUITY




Flow liabilities:




Accounts payable

$                  164


$                  215

Amassed bills

310


278

Flow portion of notes payable

57


56

Deferred earnings

12


12

Overall wave liabilities

543


561

Notes payable, much less wave portion

191


206

Overall liabilities

734


767

Stockholders’ fairness:




Habitual book

2


1

Extra paid-in capital

140,652


138,607

Gathered lack

(137,762)


(136,097)

Overall stockholders’ fairness

2,892


2,511

Overall liabilities and stockholders’ fairness

$               3,626


$               3,278

SENESTECH, INC.
STATEMENTS OF OPERATIONS
(In 1000’s, aside from proportion and in keeping with proportion information)
(Unaudited)


3 Months Ended
March 31,


2025


2024

Revenues, web

$              485


$              415

Value of gross sales

172


280

Rude benefit

313


135

Working bills:




Analysis and building

418


370

Promoting, common and administrative

1,558


1,608

Overall running bills

1,976


1,978

Loss from operations

(1,663)


(1,843)

Alternative source of revenue (expense), web

(2)


11

Web loss

$         (1,665)


$         (1,832)

Weighted reasonable stocks remarkable — modest and diluted

1,299,971


514,453

Loss in keeping with proportion — modest and diluted

$           (1.28)


$           (3.56)

SENESTECH, INC.
Itemized Reconciliation Between Web Loss and Adjusted EBITDA (non-GAAP)
(In 1000’s)
(Unaudited)


3 Months Ended
March 31,


2025


2024

Web loss (as reported, GAAP)

$         (1,665)


$         (1,832)

Non-GAAP changes:




Pastime (source of revenue) expense, web

2


(11)

Hold-based reimbursement expense

91


85

Severance prices

27


Depreciation expense

39


37

Overall non-GAAP changes

159


111

Adjusted EBITDA loss (non-GAAP)

$         (1,506)


$         (1,721)

SOURCE SenesTech, Inc.



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