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AquaBounty Q2 net loss narrows to $3.4 mln
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AquaBounty Q2 net loss narrows to $3.4 mln
Aug 5, 2025 5:48 AM

Overview

* AquaBounty ( AQB ) Q2 net loss narrows to $3.4 mln from $50.5 mln yr/yr

* Company sold Ohio Equipment Assets for $2.4 mln, boosting liquidity

* Cash and equivalents rise to $730 thousand as of June 30, 2025

Outlook

* Company focuses on strategic alternatives for Ohio Farm Project

Result Drivers

* ASSET SALE - Sale of Ohio Equipment Assets generated $2.4 mln in net proceeds, enhancing liquidity, per CFO David Frank

* IMPAIRMENT CHARGE - Net loss includes $1.2 mln non-cash asset impairment charge related to Ohio Equipment Assets

* CASH POSITION - Cash and cash equivalents increased to $730 thousand as of June 30, 2025, aided by asset sales

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS -$0.87

Q2 Net -$3.40

Income mln

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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