Incannex Healthcare Reports Fiscal 2025 Revenue Up 617% to $86,000; Net Loss Widens to $46.9 Million
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Incannex Healthcare Inc. reported a 617% increase in fiscal 2025 revenue to $86,000, up from $12,000 the previous year, driven by expanded rehabilitation services. However, the net loss widened to $46.9 million from $18.5 million. Operating expenses decreased by 21% to $23.88 million, with R&D expenses at $10.75 million. The company has not generated revenue from product sales and anticipates further losses as it continues to expand its R&D activities.
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