The following is a summary of the Champions Oncology, Inc. (CSBR) Q4 2024 Earnings Call Transcript:

Financial Performance:

• Champions Oncology reported fiscal year 2024 revenue of $15 million, a decline of $4 million or 7% year-over-year, leading to a larger net loss.

• For Q4 of fiscal year 2024, revenue increased to $14 million, up from $13.1 million, with an increased gross margin in pharmacology services to 49%.

• Reported a net loss from operations of $7.4 million for fiscal year 2024, and an adjusted EBITDA of approximately $900,000 for Q4, showing signs of financial recovery.

Business Progress:

• Champions Oncology is focusing on expanding relationships with big pharma customers and improving operational efficiencies to support revenue growth and cost management.

• Development continues on the ex-Vivo platform, with a strategic key hire made to potentially increase its revenue contribution substantially.

Opportunities:

• Strategic shift to focus more on large pharma customers provides both upside opportunity in robustness and resilience against sector downturns.

• Optimism about increasing the contribution of the ex-Vivo platform to the company's revenue.

Risks:

• A weak biotech economic environment leading to reduced bookings growth and increased cancellations impacting revenue conversion.

More details: Champions Oncology IR

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