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How Firebrick Pharma’s Nasodine Surged in Sales Despite Rising Losses

4:33am on Saturday 30th of August, 2025 AEST Healthcare
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How Firebrick Pharma’s Nasodine Surged in Sales Despite Rising Losses

4:33am on Saturday 30th of August, 2025 AEST
Key Points
  • Nasodine revenue jumped to $293,422 from $14,522 in prior year
  • Net loss widened 124% to $2.63 million due to lower R&D tax incentives and higher expenses
  • Market entries expanded to US, Singapore, Fiji with new licensing agreement covering Singapore, Malaysia, Brunei, Mauritius
  • Cash reserves rose to $983,350 supported by $1.89 million equity raises
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