Jenscare Scientific Reports 2025H1 Revenue of $3.6M with Gross Profit Margin Near 90%; Adjusted Non-IFRS Loss Narrows by 3%

Reuters
Sep 01
Jenscare Scientific Reports 2025H1 Revenue of $3.6M with Gross Profit Margin Near 90%; Adjusted Non-IFRS Loss Narrows by 3%

Jenscare Scientific Co. Ltd. has released its interim results for the first half of 2025, reporting a total revenue of US$ 3.6 million. The company recorded a gross profit of US$ 1.7 million and a sales profit of US$ 1.1 million, achieving a gross profit margin close to 90% and a sales profit margin close to 60%. Jenscare reported an adjusted non-IFRS loss of US$ 12.9 million, which marks a decrease of approximately 3% compared to the first half of 2024. The net cash used in operating activities was US$ 13 million, reflecting a decrease of around 15% from 2024H1. In terms of cash resources, the company reported cash and cash equivalents, term deposits, and financial assets amounting to US$ 84.6 million. The net loss per share attributable to ordinary shareholders, both basic and diluted, was US$ 0.06. Significant developments in Jenscare's business operations include key advancements in their product portfolio. The registration application for JensClip, a TMVr system, has been submitted to the NMPA and is now in the registration stage. The globalization process of JensClip is progressing with pre-commercialization implantations overseas showing excellent performance, and CE Marking activities are underway. For the LuX-Valve Series, the TTVR system in China has entered the long-term follow-up phase of its multicenter clinical trial for NMPA approval, while in Europe, the LuX-Valve Plus has completed a 6-month follow-up of the TRINITY study and is under registration review. In the U.S., the IDE Early Feasibility Study of LuX-Valve Plus has completed subject enrollment and received reimbursement from CMS. Ken-Valve, a TAVR system, has gained market access in China following NMPA approval, and commercialization activities are progressing smoothly with hospital adoption.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jenscare Scientific Co. Ltd. published the original content used to generate this news brief via CNW (Ref. ID: C8872) on September 01, 2025, and is solely responsible for the information contained therein.

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