VERU VERU INC.

Overview and Growth

VERU INC. recorded fiscal 2025 net loss of $22.73M. At period end, total assets were $29.84M, framing the scale of the company’s operating and financing commitments.

Profitability

The company recorded an operating loss of $24.75M after the reported operating expense base. The company ended the period with a net loss of $22.73M, extending the operating result through all remaining items. Negative EBITDA totaled $24.60M, confirming that the earnings deficit remained before depreciation and amortization. The reported income-tax provision was $0.00, the amount recognized between pretax income and the final net-income result. The net loss equaled 124.0% of period-end equity, showing the deficit relative to book capital. The loss-to-assets relationship was 76.2%, placing the bottom-line deficit against the company’s resource base. Compared with a $37.80M net loss in fiscal 2024, the current loss improved to $22.73M.

Liquidity and Capital Structure

The company held $29.84M of assets against $11.50M of liabilities and $18.33M of equity, revealing how the asset base was financed. Current assets were $18.92M against $7.79M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. The current ratio was 2.43x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. The company held $15.79M in cash and equivalents, a narrower liquidity measure than total current assets. Measured only with cash and equivalents, coverage of current liabilities was 202.9%, excluding receivables and other current assets. The equity-to-assets relationship was 61.4%, placing book capital against the total resource base. Liabilities represented 38.6% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 52.9%, a balance-sheet composition measure rather than a liquidity forecast. The asset base changed 50.6% from $60.42M in fiscal 2024, leaving current total assets lower year over year. Book equity was 43.3% lower than fiscal 2024 equity of $32.32M, showing how shareholder capital changed year over year. The reported cash balance changed 36.6% from $24.92M in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

The company reported an operating cash outflow of $30.04M, rather than cash generation from operations. Capital spending of $1.08K added to the period’s operating cash use, reinforcing the overall cash deficit after investment for the year. Operating cash flow and capital spending combined to leave a $30.04M cash deficit after capital spending. The cash deficit after capital spending represented 100.7% of the period-end asset base. Cash absorbed by operations increased from $21.68M in fiscal 2024 to $30.04M.

Based on the annual report for the fiscal year ending Sep 30, 2025. Analysis generated Oct 21, 2026.