PetVivo Holdings, Inc. reported a substantial 141% increase in revenues for its fiscal first quarter ended June 30, 2025, reaching $297,500 compared to the year-ago quarter. Distributor sales were a key driver, surging 192% to $198,380, representing 67% of total revenues.
Operating expenses for the quarter decreased 9% to $2.0 million, reflecting the continued impact of the company's strategic cost reduction program. The net loss available to common stockholders improved by 15% to $2.3 million, or $(0.09) per share.
The company's cash position stood at $3.3 million on June 30, 2025, primarily due to $4.7 million in net proceeds from financing activities during the quarter. PetVivo anticipates another year of record growth and an improving bottom line for fiscal 2026, driven by expanding product offerings and strategic alliances.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.