NASDAQ$LNAI

Lunai Bioworks Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Renovaro reported a net income for Q3 2025, a significant improvement from a net loss in the prior year, driven by a positive change in the fair value of contingent consideration and reduced operating expenses.

Renovaro Inc. reported a net income of $189,176 for the three months ended March 31, 2025, a substantial improvement compared to a net loss of $(58,990,070) in the same period last year. This positive shift was primarily due to a significant change in the fair value of contingent consideration and a decrease in overall operating expenses, despite no revenue generation.

  • Renovaro achieved a net income of $189,176 in Q3 2025, a significant turnaround from a net loss of $(58,990,070) in Q3 2024.
  • Operating expenses decreased by 92% to $4,162,492, largely due to a reduction in intangible asset impairment.
  • The company reported a positive change in the fair value of contingent consideration of $4,330,000, compared to a negative change of $(7,289,156) in the prior year.
  • Cash and cash equivalents increased to $923,002 as of March 31, 2025, up from $220,467 at June 30, 2024.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

$0.00

Previous: -$0.16+100.0%
Goodwill Impairment

$47.6M

No prior period
Interest And Other Income

$72.00

No prior period
Weighted Average Shares Outstanding - Diluted

163.9M

No prior period
Intangible Asset Impairment

$0.00

No prior period
Change in Fair Value of Equity Securities

$210K

No prior period
Research and development expenses

-$94.1K

No prior period
Depreciation and amortization

$32K

No prior period
Change in fair value of contingent consideration

$4.33M

No prior period
Interest expense

-$189K

No prior period
Weighted average shares outstanding

162.3M

No prior period
General and administrative expenses

$4.22M

No prior period
Net Income

$189K

Previous: -$17M+101.1%
Operating Income

-$4.16M

Previous: -$17.2M+75.8%

Revenue & EPS history

Renovaro · Revenue · Quarterly

$0

Q3 2025

Forward guidance

Renovaro Inc. anticipates continued losses until therapies or products are approved for marketing and sale. The company plans to secure additional funding through equity or debt financing to support commercialization, clinical and regulatory work, and build working capital reserves.

Tailwinds

  • Focus on AI-driven cancer diagnostics platform development and validation.
  • Intention to secure additional funding through equity or debt financing.
  • Funding expected to satisfy existing and future obligations and working capital needs.
  • Support for commercialization of products and clinical/regulatory work for product candidates.
  • Plans to build working capital reserves.

Headwinds

  • No sales revenue generated to date, and none anticipated until product approval.
  • Uncertainty regarding the availability of additional funding on reasonable terms.
  • Potential for significant additional dilution to stockholders from equity financing.
  • Risk of depletion of cash resources and potential suspension of operations without additional funding.
  • Adverse outcomes in legal or regulatory proceedings could negatively impact liquidity and financial position.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+2.0%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+6.9%

Avg return

30 days after

44%

16 / 36 earnings

Positive

+36.6%

Q4 2024

Best reaction

-17.8%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-7.3%-18.5%+9.3%
Q2 2026-9.1%-25.7%-47.5%
Q1 2026+5.1%+45.6%+3.9%
Q4 2025+30.1%+1.6%-25.9%
Q3 2025-1.6%-9.4%-8.4%
Q2 2025-0.9%-10.1%-18.5%
Q1 2025-17.8%-21.4%+192.4%
Q4 2024+36.6%+68.6%+51.0%
Q3 2024-15.3%-6.7%+57.7%
Q2 2024+4.2%+18.2%+65.1%
Q1 2024-4.0%-6.7%+12.8%
Q4 2023+1.8%+2.9%-35.1%
Q3 2023-3.4%-16.4%-36.8%
Q2 2023-1.8%-5.5%-1.8%
Q1 2023-6.0%-7.8%-7.8%
Q4 2022-12.5%-9.4%-35.4%
Q3 2022-5.9%-7.5%-40.8%
Q2 2022+9.9%+24.0%+6.7%
Q1 2022+7.9%+11.0%-18.6%
Q4 2021+6.0%-7.5%+14.8%
Q4 2020-1.6%-3.1%-2.4%
Q3 2021-6.9%+1.3%+58.5%
Q2 2021+11.4%+5.9%-8.6%
Q2 2020-2.2%+7.1%+17.3%
Q1 2021-0.7%+2.3%-2.3%
Q1 2020-4.3%-4.6%-17.6%
Q4 2019+4.8%+2.5%-2.8%
Q3 2020+4.5%+12.4%+28.6%
Q2 2019+4.8%-4.8%-4.0%
Q1 2019+15.5%+2.6%+31.3%
Q4 2018-0.9%+4.4%+8.9%
Q3 2018-1.2%-0.3%-11.4%
Q2 2018+0.7%+1.0%-8.2%
Q1 2018+0.9%-0.7%-2.1%
Q4 2017+29.5%+32.5%+20.5%
Q2 2017
Q1 2017
Q4 2016
Q3 2017+0.0%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q3 2014
Q1 2014
Q4 2014
Q2 2014
Q1 2013
Q4 2013
Q2 2012
Q1 2012
Q4 2011
Q2 2011
Q1 2011

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