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Can Universal Biosensors Overcome Rising Losses and Looming Cash Crunch?
5:02pm on Monday 4th of August, 2025 AEST
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Healthcare
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Can Universal Biosensors Overcome Rising Losses and Looming Cash Crunch?
5:02pm on Monday 4th of August, 2025 AEST
Key Points
Net loss widened 44% to A$10.45 million in H1 2025
Revenue declined 11% to A$2.76 million amid sluggish product sales
Cash reserves sufficient only through Q3 2025, triggering going concern warning
Management negotiating A$8.5 million senior secured loan and equity raising
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Universal Biosensors (ASX:UBI)
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