Anavex Life Sciences Corp. reported a net loss of $9.8 million for the fourth quarter of fiscal 2025, or $0.11 per share, compared to a net loss of $11.6 million, or $0.14 per share, for the comparable fourth quarter of fiscal 2024. The company's cash and cash equivalents decreased to $102.6 million at September 30, 2025, from $132.2 million at September 30, 2024, but it anticipates a cash runway of more than 3 years with its current cash balance of over $120 million. Research and development expenses were $7.3 million, down from $11.6 million in the prior year.
Net loss for Q4 2025 was $9.8 million, an improvement from $11.6 million in Q4 2024.
Cash and cash equivalents stood at $102.6 million as of September 30, 2025, with an anticipated cash runway of over 3 years.
Research and development expenses decreased to $7.3 million in Q4 2025 from $11.6 million in Q4 2024.
General and administrative expenses increased to $3.5 million in Q4 2025 from $2.7 million in Q4 2024.
Anavex Life Sciences Corp. is focused on advancing its clinical pipeline, particularly blarcamesine for early Alzheimer's and Parkinson's diseases, and ANAVEX®3-71 for schizophrenia. The company plans to request a re-examination of the CHMP opinion for blarcamesine and will present new scientific findings at upcoming conferences.
Analyze how earnings announcements historically affect stock price performance