Business
NewGen Reports Nine-Month 2025 Results with Balance Sheet Strengthened to $66.75 Net Asset Value Per Share
BANGKOK, Dec. 02, 2025 (GLOBE NEWSWIRE) -- NewGenIvf Group Limited (NASDAQ: NIVF) (“NewGen” or “the Company”), a technology-driven company building a diversified ecosystem across fertility technology, digital assets, and real estate development, today reported its unaudited financial results for the nine months ended September 30, 2025. Financial Highlights for the Nine Months Ended September 30, 2025 Net income attributable to the shareholders of the Company was $17.5 million, a significant imp

About this update from Newgenivf Group Limited
[{"type":"text","content":"BANGKOK, Dec. 02, 2025 (GLOBE NEWSWIRE) -- NewGenIvf Group Limited (NASDAQ: NIVF) (“NewGen” or “the Company”), a technology-driven company building a diversified ecosystem across fertility technology, digital assets, and real estate development, today reported its unaudited financial results for the nine months ended September 30, 2025.","length":338,"tagName":"p"},{"type":"text","content":"Financial Highlights for the Nine Months Ended September 30, 2025","length":65,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net income attributable to the shareholders of the Company was $17.5 million, a significant improvement from a net loss of $416,400 in the same period of 2024. This was primarily due to a non-cash, bargain purchase gain recognized on the acquisition of Nodexus and Microsort businesses.","length":286,"tagName":"p"}]},{"val":[{"type":"text","content":"Basic earnings per share was $96.76 for the nine months ended September 30, 2025 while losses per share for the nine months ended September 30, 2024 was $205.97.","length":161,"tagName":"p"}]},{"val":[{"type":"text","content":"Net book value per share improved to $66.75 from negative net book value as of December 31, 2024, representing a significant balance sheet transformation driven by strategic acquisitions of high-value intellectual property assets.","length":230,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":677,"olType":false},{"type":"text","content":"Business Highlights for the Nine Months Ended September 30, 2025","length":64,"tagName":"p"},{"type":"text","content":"The Company has made significant progress in executing its strategic pivot and diversification strategy throughout 2025. Key initiatives and achievements demonstrating this progress include:","length":190,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Transformative Acquisitions: The Company completed two key acquisitions.","length":72,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"On February 28, 2025, the Company acquired the MicroSort® sperm-sorting technology, enhancing its capabilities in the fertility services market. The acquisition also resulted in a prior bargain purchase gain of $4.28 million based on an independent valuation report.","length":266,"tagName":"p"}]},{"val":[{"type":"text","content":"On J...