InvestSMART

EBR Systems Inc (ASX:EBR)

ALERT: Price-sensitive ASX Announcement for EBR
Current share price for EBR : $0.375 -0.815 (-68.49%)+
Announcement
Release
13 Nov 2025 8:28AM
Price at Release
$1.190
Full Release
download
Summary
EBR Systems Inc has maintained strong engagement with media and investors during the third quarter of 2025, attending high-profile conferences and disseminating strategic initiatives. The company reported net operating cash outflows of USD 13.0 million, with a gross margin of 43.8% for the quarter, reflecting favorable impacts from previously expensed inventory. EBR secured key U.S. Medicare payment pathways for its WiSE CRT system, supporting its Limited Market Release. Despite this progress, EBR faced a net loss due to high operational costs, increased spending in R&D, manufacturing, and a strategic headcount expansion post-FDA approval. The report highlights a cash balance of USD 12.6 million and marketable securities worth USD 57.8 million as of September 30, 2025.
Key Points
  • EBR Systems actively engaged in media and investor relations during Q3 2025.
  • Presented at investor conferences in Boston, Noosa, and Melbourne.
  • Net operating cash outflows of USD 13.0 million reported.
  • Gross margin of 43.8% due to previously expensed inventory.
  • Secured U.S. Medicare payment pathways for WiSE CRT system.
  • Continued manufacturing expansion in Santa Clara, California.
  • Reported net loss attributed to increased operational costs.
  • Cash and cash equivalents at USD 12.6 million as of September 30, 2025.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.