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Jun 30
Essa Pharma Q3 2025 Earnings Report
Essa Pharma reported a net loss in Q3 2025 as the company continues its development-stage operations with no revenue generation.
Key Takeaways
In Q3 2025, Essa Pharma remained in a pre-revenue phase, reporting a net loss of $6.3 million driven by ongoing research and administrative expenses while maintaining a solid cash position to support development efforts.
Reported a net loss of $6.3 million for the quarter.
No revenue recorded as the company remains in development phase.
Cash and equivalents totaled $119.8 million as of June 30, 2025.
R&D and G&A expenses continued to support clinical advancement.
Essa Pharma
Essa Pharma
Forward Guidance
Essa Pharma will continue investing in its clinical programs, with current cash expected to sustain operations into 2027.
Positive Outlook
- Strong cash position of $119.8 million supports development runway.
- Continued progress on clinical trial activities.
- Disciplined operational expense control.
- Maintained share structure stability.
- Management reiterated focus on advancing ESSA’s NAR program.
Challenges Ahead
- No revenue generated during the quarter.
- Net loss continues to reflect development-stage risks.
- No disclosed timeline for commercial launch.
- R&D and G&A expenses remain elevated without offsetting income.
- EPS remained negative amid ongoing operating losses.