Starpharma (ASX:SPL) Releases FY25 Financial Results
Financial Performance
Starpharma reported FY25 revenue of $4.9 million, a 183% increase compared to FY24’s $1.7 million, excluding the $6.6 million one-time settlement payment from Mundipharma for VivaGel BV. The revenue growth was driven by research revenue from Petalion Therapeutics and increased sales of Viraleze and VivaGel BV.
The company ended the financial year with a cash balance of $15.4 million and anticipates an R&D tax incentive refund of $3.7 million in H1 FY26. Starpharma reported a loss of $10.0 million for FY25, a 31% improvement over the prior year’s loss of $14.7 million, excluding the Mundipharma settlement. The reduced loss includes lower research and product development expenditure, which amounted to $8.4 million net of the Australian Government’s R&D tax incentive.
Investor Hub
Starpharma encourages shareholders to visit its new Investor Hub, offering access to company developments and strategic insights. Investors can watch a video with CEO Cheryl Maley discussing key highlights from the 2025 Annual Report.
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