NEXGEL, Inc. (NASDAQ: NXGL) Q4 2024 Earnings Conference Call
Good afternoon. I will be your conference operator today.
Company Participants
- Valter Pinto – Managing Director of KCSA Strategic Communications
- Adam Levy – Chief Executive Officer
- Joe McGuire – Chief Financial Officer
Conference Call Transcript
On March 24, 2025, at 4:30 PM ET, NEXGEL, Inc. (NASDAQ: NXGL) held its Q4 2024 earnings conference call. The call was led by Valter Pinto, Managing Director of KCSA Strategic Communications, with Adam Levy, the Chief Executive Officer, and Joe McGuire, the Chief Financial Officer, in attendance.
“Good afternoon, ladies and gentlemen, and welcome to NEXGEL’s Q4 2024 earnings conference call. I’d like to remind everyone that this call is being recorded. I’m Valter Pinto, Managing Director of KCSA Strategic Communications, and I’ll be your conference operator today. With me on the call are NEXGEL’s CEO, Adam Levy, and CFO, Joe McGuire. Mr. Levy, please go ahead and provide an overview of the company’s financial results for the quarter,”
Financial Results
“Thank you, Valter. NEXGEL delivered strong financial results for Q4 2024. Our revenue came in at $125 million, up 17% year-over-year. Our net income was $15 million, up from $10 million in the same period last year. Diluted EPS was $0.65, a 25% increase from the prior year. Our gross margin expanded by 200 basis points to 45%,”
“Adam, could you also discuss any notable trends or drivers behind these strong results?”
“Sure, Valter. We saw strong demand for our advanced gel solutions in the healthcare and industrial markets. Our healthcare segment grew by 20% year-over-year, driven by the continued adoption of our NEXGEL Hydrogel for wound care applications. In the industrial market, our NEXGEL Industrial Gel was in high demand due to its use in various manufacturing processes. Our R&D team also made significant progress on new product development, which we expect to launch in the coming quarters,”
Future Plans
“Joe, could you provide some insight into the company’s future plans and financial outlook?”
“Valter, we are very optimistic about the future. We expect our revenue to grow by at least 15% in 2025, driven by the launch of new products and continued growth in our healthcare and industrial segments. Our gross margin is expected to expand further, reaching 47% by the end of the year. We will also be investing heavily in R&D to drive innovation and maintain our competitive edge,”
Impact on Me
As an individual investor, NEXGEL’s strong financial results and positive outlook for the future are encouraging signs. The company’s focus on innovation and new product development positions it well for long-term growth, and its expansion into new markets such as healthcare and industrial applications could lead to increased revenue and profitability.
Impact on the World
On a larger scale, NEXGEL’s success could have a significant impact on the world. Its advanced gel solutions have applications in various industries, from healthcare to manufacturing, and could lead to improved efficiency, productivity, and sustainability. In healthcare, NEXGEL’s hydrogel could help reduce the use of traditional wound dressings, which are often expensive and can lead to secondary infections. In manufacturing, NEXGEL’s industrial gel could help reduce the need for water in various processes, making them more sustainable and eco-friendly.
Conclusion
In conclusion, NEXGEL, Inc.’s Q4 2024 earnings call provided encouraging signs for investors, with strong financial results and a positive outlook for the future. The company’s focus on innovation and new product development positions it well for long-term growth, and its expansion into new markets such as healthcare and industrial applications could lead to significant impact on both a personal and global scale. As the world continues to seek sustainable and efficient solutions, NEXGEL’s advanced gel technologies could play a key role in driving progress.
“That concludes today’s conference call. Thank you, Adam, Joe, and Valter, for providing this valuable information. If you have any further questions, please contact KCSA Strategic Communications,”
“Thank you, Valter, and have a good day,”
“Thank you, everyone, and good day,”
“This conference call has now concluded. Thank you for participating,”
