Genfit H1 net loss widens to EUR 26.12 million; revenue falls 37.07% to EUR 21.07 million

By Public Technologies
  • Genfit posted a first-half net loss of EUR 26.12 million, widening from EUR 9.96 million a year earlier.
  • Revenue fell 37.07% to EUR 21.07 million, with royalty revenue more than doubling to EUR 20.98 million.
  • Operating results turned to a EUR 8.72 million loss from EUR 76,000 operating income, while revenue included no milestones versus EUR 26.56 million.
  • Cash and cash equivalents rose to EUR 113.82 million at June 30 from EUR 101.09 million at Dec. 31.
  • Management expects cash to fund operations beyond end-2028, assuming further Ipsen commercial milestones and a possible third Royalty Financing tranche.


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