- This success has been attributed largely to the company’s development and recent release of its Evolve soft bait product, a key addition to its growing product line
- Year to date 2024, SenesTech reported 80% year-to-date revenue growth compared to the same period in 2023
- Going forward, the company looks to introduce a soft bait contraceptive product for mice, having proven that its products work effectively on rats
SenesTech (NASDAQ: SNES), a rodent fertility control expert and the inventor of the only EPA-registered contraceptive for male and female rats, just released its financial results for the 2023 financial year. Of note was the 80% year-to-date (“YTD”) revenue growth and the 45.2% year-over-year (“YOY”) growth in gross profit, a significant milestone which Joel Fruendt, President and CEO of SenesTech attributed to the development of Evolve(TM), the company’s all-new soft bait product (https://nnw.fm/mYQOl). (https://ibn.fm/ykfl9).
“Since the full launch of Evolve in January 2024, we have seen a significant uptick in interest and orders from a wide range of sales channels and…
NOTE TO INVESTORS: The latest news and updates relating to SNES are available in the company’s newsroom at https://ibn.fm/SNES
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