Bio Green Med Solution, Inc. Q3 FY25 Results

Summary

Bio Green Med Solution, Inc. announced its third quarter financial results and provided a business update. Following the acquisition of Fitters Sdn. Bhd. on September 12, 2025, product revenue from sales and distribution of fire safety equipment was $81,000 for the three months ended September 30, 2025. Net loss for the three months ended September 30, 2025, was $1.0 million, compared to $2.0 million for the same period in 2024. As of September 30, 2025, cash and cash equivalents totaled $3.8 million, compared to $3.1 million as of December 31, 2024.

Key Highlights

1. 1

   Bio Green Med Solution reported product revenue from sales and distribution of fire safety equipment of $81,000 for the three months ended September 30, 2025, following the acquisition of Fitters Sdn. Bhd.

2. 2

   Cash and cash equivalents totaled $3.8 million as of September 30, 2025, compared to $3.1 million as of December 31, 2024.

3. 3

   Net cash used in operating activities was $0.4 million for the three months ended September 30, 2025.

4. 4

   The company estimates that its current cash resources will fund planned expenditure into the first quarter of 2026.

5. 5

   Net loss for the three months ended September 30, 2025, was $1.0 million, compared to $2.0 million for the same period in 2024.

6. 6

   General and administrative expenses decreased by approximately $0.2 million to $1.0 million for the three months ended September 30, 2025, due to lower operating costs under current management.

7. 7

   In September, the Company completed its previously announced share exchange agreement with FITTERS Diversified Berhad.