MustGrow Biologics

MustGrow is expanding commercial rollout of its mustard-derived product TerraSante with new U.S. registrations including Texas, broadening its market access. The company has an exclusive agreement with Bayer for testing and potential rights to several applications across EMEA and APAC, with Bayer funding development and regulatory work. MustGrow completed a C$3.74 million private placement to fund inventory and working capital and received a BUY initiation from GBC with upside revenue forecasts, while commercial adoption and regulatory progress remain key execution risks. » Altro su finance.yahoo.com

MustGrow Biologics reported revenue of $8.3m for 2025, up from $0.4m in 2024, driven by strong US sales of its TerraSante biofertility product. US TerraSante sales rose to $0.6m, a 377% increase, while gross margin was 20%. Operating expenses increased to $7.7m, widening the net loss to $7.3m as the company scaled commercial activity and third-party manufacturing. Management expects continued TerraSante sales growth and margin improvement in 2026 as production shifts to continuous contract manufacturing and US tariffs become more favorable. » Altro su finance.yahoo.com

MustGrow Biologics reported an improved gross margin of 22% for Q3 2025 alongside a net loss of $2.4 million. Revenue of $180,560 fell well short of expectations of $5.2 million, while EPS of -0.04 matched forecasts. The stock rose 6.78% after the results. The company is targeting cash-flow break-even in 2026 and plans expansion in Brazil, Mexico and the Netherlands, but sees risks from inventory shortages, tariffs and regulatory hurdles. » Altro su de.investing.com