Fertility control for pest management
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SenesTech Reports Third Quarter 2025 Financial Results with Record Revenue and Adjusted EBITDA
Prnewswire· 2025-11-10 21:05
Core Insights - SenesTech, Inc. reported a 43% increase in revenues to $690,000 for Q3 2025, marking a record for the company, with Evolve® Rodent Birth Control product sales growing 77% year-over-year, now accounting for 85% of total revenue [7][4][1] Financial Highlights - Revenues increased to $690,000 from $482,000 in Q3 2024, representing a 43% growth [7] - Gross profit margin was reported at 62.8% [7] - Net loss for Q3 2025 was $1.3 million, an improvement from a loss of $1.5 million in Q3 2024 [7] - Adjusted EBITDA loss improved to $1.2 million, compared to $1.4 million in the same quarter of the prior year [7] - Cash and short-term investments totaled $10.2 million, providing a solid operating runway [7] Operational and Strategic Highlights - Evolve Rat and Evolve Mouse products, launched in 2024, grew 77% year-over-year and are the largest revenue drivers, representing 85% of total revenue [7] - E-commerce revenue increased by 55% year-over-year, with significant growth in Amazon sales [7] - Municipal revenue grew 139% year-over-year, driven by expanded deployments in cities like New York and Chicago [7] - Retail revenue surged 254% year-over-year, largely due to increased adoption by Ace Hardware and follow-on orders from Bradley Caldwell [7] - Revenue from pest management professionals increased by 29% year-over-year, contributing nearly 20% of overall revenue for Q3 2025 [7]
SenesTech's Evolve® Rat Birth Control® Now Available Online at Lowes.com
Prnewswire· 2025-11-10 17:00
Core Insights - SenesTech, Inc. has launched its Evolve® Rat Birth Control® product on Lowes.com, marking a significant milestone in consumer accessibility and retail distribution [1][4][5] - Evolve Rat is the first soft bait targeting rat reproduction, providing a humane and sustainable solution to manage rat populations without poisons [2][4] - The partnership with Lowes, which has over 1,700 stores and $11 billion in online sales, is expected to enhance brand visibility and accelerate adoption among consumers [3][4] Company Overview - SenesTech focuses on humane pest management through fertility control, aiming to create healthier environments by reducing reliance on traditional poisons [5] - The company’s mission includes creating cleaner cities and healthier communities with effective and sustainable products [5] Market Opportunity - The launch on Lowes.com is seen as a strategic move to expand Evolve Rat's retail footprint, potentially leading to stronger revenue streams and increased market presence [4][8] - The product addresses a critical issue in pest management by targeting the root cause of population growth rather than merely increasing death rates [4][7]
SenesTech to Report Third Quarter 2025 Financial Results on Monday, November 10, 2025
Prnewswire· 2025-11-03 21:15
Core Insights - SenesTech, Inc. will report its third quarter 2025 financial results on November 10, 2025, after market close, followed by a conference call at 5:00 p.m. Eastern time to discuss the results [1][2] Company Overview - SenesTech is focused on humane pest management through fertility control, having developed ContraPest®, the only U.S. EPA-registered contraceptive for both male and female rats, along with Evolve Rat and Evolve Mouse, which are EPA-designated minimum risk contraceptives for rodents [3] Conference Call Details - The conference call on November 10, 2025, will be accessible via a live webcast, with a replay available for 90 days on the company's Investor Relations website [2]
Swampscott Launches Pilot of SenesTech's Innovative Rat Birth Control at Firehouse and Local School
Prnewswire· 2025-10-13 12:00
Core Insights - SenesTech, Inc. has launched a pilot program in Swampscott, Massachusetts, utilizing Evolve® Rat Birth Control to manage rat populations humanely without harsh chemicals [1][4] - The initiative aims to provide a sustainable solution to pest control, focusing on prevention rather than short-term elimination [4] Company Overview - SenesTech specializes in fertility control for pest management, having developed products like ContraPest and Evolve Rat, which are designed to be humane, effective, and sustainable [5] - The company’s mission is to improve public health by managing animal pest populations through innovative fertility control methods [5] Pilot Program Details - The pilot program is a collaboration with Speak Up for Animals and local advocate Debora Norman, aiming to protect public health while minimizing risks to children, pets, and wildlife [2] - Evolve Rat works by controlling rat reproduction, addressing the root cause of infestations, and has shown success in various settings across the country [3] Community Impact - Swampscott is one of the first communities in Massachusetts to implement this innovative pest control method, reflecting a commitment to safer and more responsible rodent management [4] - The pilot will be monitored closely, with potential expansion to additional neighborhoods in 2026 if successful [4]
SenesTech's Evolve™ Rodent Birth Control Proven in Urban Rodent Hotspots from Hong Kong to San Francisco
Prnewswire· 2025-06-26 12:00
Core Insights - SenesTech, Inc. has reported successful results from urban deployments of its Evolve™ Rat Birth Control in Hong Kong and San Francisco, demonstrating a faster and more sustainable approach to rodent control by combining fertility control with traditional rodenticides [1][3][5] Group 1: Urban Rodent Challenges - Global cities are facing persistent rodent issues due to dense infrastructure, hard-to-access breeding sites, and abundant food sources, leading to the inadequacy of traditional rodenticide programs over time [2] - Rodents have shown adaptability to poisons, resulting in unchecked reproduction despite aggressive control measures [2] Group 2: Integrated Pest Management Strategy - The integrated strategy employed in Hong Kong involved deploying Evolve's palatable soft bait alongside conventional rodenticide blocks, leading to a significant reduction in rodent sightings and no new litters detected within three months [3][4] - In San Francisco, a similar approach resulted in reduced visible rodent activity, decreased overall poison usage, and a measurable drop in new rodent births [4] Group 3: Industry Implications - The success of these deployments indicates that fertility control can serve as a practical tool for pest professionals, enhancing integrated pest management (IPM) programs and reducing reliance on rodenticides [5] - The company is preparing for a container-sized order from Hong Kong, signaling rapid expansion and increased demand for its products [5] Group 4: Market Opportunities - Fertility control solutions like Evolve align with evolving environmental regulations and public demand for humane, low-toxicity pest management, offering improved outcomes and better ROI for pest control professionals and property owners [6] - This trend indicates a rapidly growing global market for next-generation rodent control solutions that complement traditional methods [6]
SenesTech Announces Exclusive Distribution Agreement and Initial Order for Evolve™ Soft Bait in Indonesia
Prnewswire· 2025-05-07 13:00
Company Overview - SenesTech, Inc. is a leader in fertility control for managing animal pest populations, having developed products like ContraPest and Evolve, which are designed to be humane, effective, and sustainable [5]. - The company has entered into an exclusive distribution agreement with Asa Jaya Mandiri LTD (AJM) for the commercialization of Evolve™ in Indonesia, marking its eleventh international distribution agreement [1][4]. Industry Context - Rats are a significant threat to palm oil plantations in Indonesia, causing estimated yield reductions of 5-10% annually, which translates to potential economic losses of USD 540 million to USD 1.08 billion each year, given the palm oil market's value of approximately USD 10.8 billion in 2024 [2]. - The rapid reproduction and adaptability of rats to traditional control methods make long-term population management challenging, highlighting the need for effective fertility control solutions [3]. AJM Profile - Asa Jaya Mandiri LTD (AJM) is a prominent Indonesian trading company with a specialized pest management operation, committed to high quality and standards in its offerings [4][7]. - AJM has over a decade of experience and a diverse portfolio of products sourced globally, enabling it to cater to the unique needs of its customers [7].