Kelyniam Global Announces Strong Q1 2026 Financial Results
Q1 Financial Highlights (Compared to Q1 2025)
- Total revenue reached
$1,150,130 , an 84% increase from$624,910 . - Gross profit rose to
$962,814 , compared to$470,490 — a 105% increase. - Income from operations improved to
$295,295 , compared to an operating loss of$(140,556)
"We are very pleased with our strong start in 2026," said
Sales of CustomizedBone™ implants, licensed from Finceramica, grew more than 50% compared to the same period last year. Surgeons continue to gain experience and confidence with these implants. CustomizedBone™ is also the only implant on the market indicated for children as young as seven years old.
In addition, a surgeon successfully implanted the first Fusion PEEK + Bicalcium Phosphate (BCP) implant during the quarter. This innovative implant combines the strength of PEEK with the bone-integration properties of BCP. Both PEEK implants can be delivered overnight and can include Kelyniam's patented integrated fixation system. Kelyniam holds the exclusive right to market the PEEK+BCP implant in
The company also entered into a consulting and development agreement with another medical device company in early Q1. This agreement brought in significant one-time revenue that helped boost results for the quarter. Kelyniam is recognized as a strong partner for medical device companies that want to enter the
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Cautionary Note Regarding Forward-Looking Statements As a cautionary note to investors, certain matters discussed in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially from those projected. These risks include changes in economic conditions, competitive factors, the company's ability to execute its plans, regulatory developments, and other risks described from time to time in the company's
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