Incannex Healthcare Reports Fiscal 2025 Revenue Up 617% to $86,000; Net Loss Widens to $46.9 Million
Reuters
Sep 30
Incannex Healthcare Reports Fiscal 2025 Revenue Up 617% to $86,000; Net Loss Widens to $46.9 Million
Incannex Healthcare Inc. reported financial results for the fiscal year ended June 30, 2025. Revenue from customers was $0.086 million, representing an increase of approximately 617% compared to $0.012 million in the prior year. The growth in revenue was primarily attributed to the expansion of rehabilitation services provided to clinic patients. The company reported a net loss of $46.89 million for the year, compared to a net loss of $18.46 million in the previous fiscal year, reflecting an increase in comprehensive losses. Total operating expenses decreased by 21% to $23.88 million from $30.05 million in the prior year, with research and development expenses at $10.75 million and general and administrative expenses at $13.13 million. Incannex Healthcare stated that it has not generated any revenue from product sales and does not expect to generate material revenues unless and until its drug candidates advance to later stages of development. The company expects to incur substantial and increasing losses in the future as it expands its research and development activities.
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. Incannex Healthcare Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-092837), on September 29, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.