Champions Oncology, Inc. Reports Net Loss of $5.3 Million for the Year Ended April 30
Oncology Services Revenue Reaches $53.9 Million in Financial Year 2023
By USInMinutes
Published - Jul 24, 2023, 04:59 PM ET
Last Updated - Jul 24, 2023, 04:59 PM EDT
Champions Oncology, Inc.(CSBR), a leading company in the fie ld of oncology services, has released its consolidated financial statements for the year ended April 30. The company reported a net loss of $5.3 million during the fiscal year, and its oncology services revenue reached $53.9 million.
Net Income/Loss Analysis
The consolidated financial statements for the year ended April 30, 2023, revealed that Champions Oncology, Inc. faced a net loss of $5.3 million. This loss is in stark contrast to the previous year's net income of $548,000. The significant difference can be attributed to various factors affecting the company's operations and financial performance during the reporting period.
Revenue Analysis
