77% Earnings Expansion in Evolve® Rodent Start Keep an eye on™ Merchandise
Robust Money Stability and Exit Towards Profitability
SURPRISE, Ariz., Nov. 10, 2025 /PRNewswire/ — SenesTech, Inc. (NASDAQ: SNES), the chief in fertility keep watch over for managing animal pest populations and the one producer of EPA-compliant Rodent Start Keep an eye on™ merchandise lately introduced its monetary effects for the 3rd quarter ended September 30, 2025.
Q3 2025 Monetary Highlights
- Revenues higher by means of 43% to $690,000, a document for the Corporate, from $482,000 in Q3 2024.
- Evolve® Rodent Start Keep an eye on gross sales grew 77% year-over-year, now representing 85% of general income.
- Improper benefit margin was once 62.8%, in form with expectancies.
- Internet loss for Q3 2025 was once $1.3 million, in comparison to $1.5 million in Q3 2024. Q3 2025 integrated $111,000 in one-time felony bills and $49,000 in non-cash running rent expense. Apart from those non-operational prices, the Corporate’s web loss would had been $1.1 million for Q3 2025.
- Adjusted EBITDA loss stepped forward to $1.2 million in Q3 2025, a document for the Corporate, in comparison to $1.4 million in the similar quarter of the prior 12 months.
- Money and non permanent investments of $10.2 million handover the Corporate with a forged running runway for the foreseeable month.
Q3 2025 Operational and Strategic Highlights
- Product Enlargement: The upper-margin Evolve Rat and Evolve Mouse merchandise, introduced in 2024, grew 77% year-over-year and are the biggest income drivers for SenesTech, representing 85% of general income. Those merchandise are designed for proactive rodent fertility keep watch over and proceed to achieve traction amongst pest control pros and customers.
- E-commerce Expansion: E-commerce income higher 55% year-over-year, pushed by means of double digit enlargement in Amazon gross sales. We also are visible accelerating enlargement throughout alternative e-commerce websites together with Walmart.com, and HomeDepot.com.
- Municipal Deployment: Municipal income grew 139% year-over-year because of expanded deployments in Untouched York Town, Chicago, and alternative places, reflecting higher adoption in various city settings. Wave systems proceed to concentrate on managed deployments in high-impact grounds, laying the groundwork for attainable large-scale growth. Municipal deployments actually have a certain affect on alternative channels reminiscent of retail, e-commerce and pest keep watch over distribution.
- Retail Marketplace Adoption: Retail income grew 254% year-over-year, pushed by means of expanded adoption by means of Ace {Hardware}, which greater than doubled its protection department throughout the quarter, and follow-on orders from Bradley Caldwell, a wholesaler serving over 8,000 retail places within the Northeast. Age enlargement could also be anticipated from outlets who start with e-commerce prior to increasing to in-store choices.
- Pest Control: Pest control pros (PMPs) proceed to make use of Evolve of their carrier choices, boosting income by means of 29% year-over-year and up 72% sequentially. PMPs represented just about 20% of the Corporate’s general Q3 2025 income, leveraging the original attributes of fertility keep watch over throughout a large territory of purchaser programs, together with theme landscapes.
Remark
“We are pleased to report another quarter of strong results, reflecting the growing adoption of our Evolve product line,” commented Joel Fruendt, CEO of SenesTech. “Our multi-channel distribution strategy continues to take hold, with meaningful contributions from e-commerce, municipal programs, retail partners, and pest management professionals. These results are a credit to careful planning, disciplined execution, and a continued focus on efficiency, which together supported healthy margins and our strongest Adjusted EBITDA to date.”
“With a strong balance sheet, highlighted by more than $10 million in funding available at the end of September, we intend to pursue profitable growth moving forward. This positions us to work toward achieving our breakeven goals and to realize the long-term potential of introducing a novel product category into the pest control market,” Fruendt concluded.
Significance of Non-GAAP Measure
Adjusted EBITDA is a non-GAAP measure. Alternatively, this measure isn’t meant to be an alternative choice to the ones monetary measures reported based on GAAP. Adjusted EBITDA has been integrated as a result of control believes that, when regarded as along side the GAAP figures, it supplies significant data alike to our running efficiency and liquidity and will give a boost to an general working out of economic effects and traits. Adjusted EBITDA is also calculated by means of us in a different way than alternative corporations that reveal measures with the similar or homogeneous word. See our connected financials for a reconciliation of this non-GAAP measure to the after GAAP measure.
Convention Name Main points
Past: Monday, November 10, 2025.
Day: 5:00 p.m. ET.
Webcast: https://app.webinar.net/Pj7rLgb3Ew4.
Webcast Replay: To be had for 90 days at the Corporate’s web site.
About SenesTech
We’re dedicated to bettering the condition of the sector by means of humanely managing animal pest populations thru our experience in fertility keep watch over. We invented ContraPest®, the one U.S. EPA-registered contraceptive for female and male rats, in addition to Evolve Rat and Evolve Mouse, EPA-designated minimal possibility contraceptives for rodents, reflecting our challenge to handover merchandise which are proactive, guard and sustainable. ContraPest and Evolve are meant to suit seamlessly into all built-in pest control systems, considerably bettering the total function of efficient pest control. We attempt for blank towns, environment friendly companies and satisfied families – with a product designed to be humane, efficient and sustainable.
For more info consult with https://senestech.com/.
Secure Harbor Remark
This press let fall comprises “forward-looking statements” throughout the which means of federal securities rules, and we intend that such forward-looking statements be matter to the guard harbor created thereby. Such forward-looking statements come with, amongst others, our trust that our coins and non permanent investments of $10.2 million handover the Corporate with a forged running runway; our trust that Evolve Rat and Evolve Mouse proceed to achieve traction amongst pest control pros and customers; our expectation for speeded up enlargement throughout e-commerce websites; our expectation for alternative municipal deployments which are underway or deliberate; our trust that month enlargement is predicted from outlets who start with e-commerce prior to increasing to in-store choices; our various multi-channel distribution technique; our goal to pursue winning enlargement shifting ahead; our trust that our coins stability positions us to paintings towards attaining our breakeven targets and to understand the long-term attainable of introducing a book product division into the pest keep watch over marketplace; our challenge to handover merchandise which are proactive, guard and sustainable; and our trust that ContraPest and Evolve are meant to suit seamlessly into all built-in pest control systems, considerably bettering the total function of efficient pest control.
Ahead-looking statements might describe month expectancies, plans, effects, or methods and are incessantly, however no longer at all times, made during the importance of phrases reminiscent of “believe,” “may,” “future,” “plan,” “will,” “should,” “expect,” “anticipate,” “eventually,” “project,” “estimate,” “continuing,” “intend” and homogeneous phrases or words. You’re cautioned that such statements are matter to dangers, uncertainties and alternative components that would purpose latest effects to vary materially from the ones mirrored by means of such forward-looking statements. Such components come with, amongst others, the a hit commercialization of our merchandise; marketplace acceptance of our merchandise; our monetary efficiency, together with our skill to investmrent operations; our skill to preserve compliance with Nasdaq’s persevered record necessities; regulatory favor and legislation of our merchandise; and alternative components and dangers known from era to era in our filings with the Securities and Trade Fee, together with our Annual File on Method 10-Ok for the fiscal 12 months ended December 31, 2024. All forward-looking statements contained on this press let fall talk simplest as of the time on which they have been made and are according to control’s suppositions and estimates as of such time. Apart from as required by means of legislation, we don’t adopt any legal responsibility to publicly replace any forward-looking statements, whether or not on account of the receipt of pristine data, the prevalence of month occasions or differently.
CONTACT:
Buyers: Robert Blum, Lytham Companions, LLC, (602) 889-9700, [email protected]
Corporate: Tom Chesterman, Important Monetary Officer, SenesTech, Inc., (928) 779-4143
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SENESTECH, INC. BALANCE SHEETS (In 1000’s, except for proportion and in step with proportion knowledge) (Unaudited) |
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September 30, |
|
December 31, |
|
ASSETS |
|
|
|
|
Wave belongings: |
|
|
|
|
Money and coins equivalents |
$ 7,278 |
|
$ 1,307 |
|
Scale down-term investments |
2,970 |
|
— |
|
Accounts receivable, web |
454 |
|
335 |
|
Stock, web |
767 |
|
794 |
|
Pay as you go bills and alternative tide belongings |
313 |
|
377 |
|
General tide belongings |
11,782 |
|
2,813 |
|
Proper to importance asset, running rent |
2,377 |
|
— |
|
Trait and gear, web |
429 |
|
407 |
|
Alternative noncurrent belongings |
36 |
|
58 |
|
General belongings |
$ 14,624 |
|
$ 3,278 |
| |
|
|
|
|
LIABILITIES AND STOCKHOLDERS’ EQUITY |
|
|
|
|
Wave liabilities: |
|
|
|
|
Accounts payable |
$ 238 |
|
$ 215 |
|
Gathered bills |
333 |
|
278 |
|
Wave portion of running rent legal responsibility |
95 |
|
— |
|
Wave portion of notes payable |
60 |
|
56 |
|
Deferred income |
22 |
|
12 |
|
General tide liabilities |
748 |
|
561 |
|
Working rent legal responsibility, much less tide portion |
2,368 |
|
— |
|
Notes payable, much less tide portion |
160 |
|
206 |
|
General liabilities |
3,276 |
|
767 |
|
Stockholders’ fairness: |
|
|
|
|
Familiar keep |
5 |
|
1 |
|
Spare paid-in capital |
152,019 |
|
138,607 |
|
Collected inadequency |
(140,676) |
|
(136,097) |
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General stockholders’ fairness |
11,348 |
|
2,511 |
|
General liabilities and stockholders’ fairness |
$ 14,624 |
|
$ 3,278 |
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SENESTECH, INC. STATEMENTS OF OPERATIONS (In 1000’s, except for proportion and in step with proportion knowledge) (Unaudited) |
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3 Months Ended |
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9 Months Ended |
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| |
2025 |
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2024 |
|
2025 |
|
2024 |
|
Revenues, web |
$ 690 |
|
$ 482 |
|
$ 1,800 |
|
$ 1,356 |
|
Price of gross sales |
257 |
|
167 |
|
645 |
|
657 |
|
Improper benefit |
433 |
|
315 |
|
1,155 |
|
699 |
|
Working bills: |
|
|
|
|
|
|
|
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Analysis and construction |
400 |
|
451 |
|
1,245 |
|
1,288 |
|
Promoting, normal and administrative |
1,380 |
|
1,411 |
|
4,534 |
|
4,403 |
|
General running bills |
1,780 |
|
1,862 |
|
5,779 |
|
5,691 |
|
Loss from operations |
(1,347) |
|
(1,547) |
|
(4,624) |
|
(4,992) |
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Alternative source of revenue, web |
49 |
|
34 |
|
45 |
|
63 |
|
Internet loss |
$ (1,298) |
|
$ (1,513) |
|
$ (4,579) |
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$ (4,929) |
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Weighted reasonable stocks exceptional — plain and diluted |
4,668,009 |
|
729,400 |
|
2,619,841 |
|
586,628 |
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Loss in step with proportion — plain and diluted |
$ (0.28) |
|
$ (2.07) |
|
$ (1.75) |
|
$ (8.40) |
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SENESTECH, INC. Itemized Reconciliation Between Internet Loss and Adjusted EBITDA (non-GAAP) (In 1000’s) (Unaudited) |
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3 Months Ended |
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9 Months Ended |
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| |
2025 |
|
2024 |
|
2025 |
|
2024 |
|
Internet loss (as reported, GAAP) |
$ (1,298) |
|
$ (1,513) |
|
$ (4,579) |
|
$ (4,929) |
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Non-GAAP changes: |
|
|
|
|
|
|
|
|
Pastime source of revenue, web |
(49) |
|
(5) |
|
(45) |
|
(33) |
|
Book-based repayment expense |
47 |
|
73 |
|
228 |
|
246 |
|
Depreciation expense |
20 |
|
42 |
|
103 |
|
115 |
|
Non-cash running rent expense (get advantages) |
49 |
|
(2) |
|
87 |
|
(5) |
|
Severance prices |
— |
|
13 |
|
27 |
|
13 |
|
Achieve on sale of feature and gear |
— |
|
(28) |
|
— |
|
(28) |
|
General non-GAAP changes |
67 |
|
93 |
|
400 |
|
308 |
|
Adjusted EBITDA loss (non-GAAP) |
$ (1,231) |
|
$ (1,420) |
|
$ (4,179) |
|
$ (4,621) |
SOURCE SenesTech, Inc.











