Revenue Growth and Record Achievements
PetVivo reported a 17% increase in revenues for fiscal 2025, reaching a record $1.1 million. The expansion of the nationwide distributor network contributed significantly to this growth.
Strong Gross Margin
PetVivo maintained favorable high gross margins at 87.8%, reflecting efficient operations and cost management.
Successful Cost Reduction
Operating expenses decreased by 21% to $9.1 million, due to a strategic company-wide cost reduction and restructuring program.
Strategic Partnerships and Expansion
Partnerships with Digital Landia and Commonwealth Markets, as well as expansion into Mexico, contributed to PetVivo's strategic growth and market penetration.
Increased Cash Position
Cash and cash equivalents increased to $227,689 at the end of fiscal 2025, up from $87,403 in fiscal 2024, primarily due to equity financings.