Year-over-Year Revenue Growth
Revenue for the second quarter was $15 million, an increase of 11% from $13.5 million last year, driven by improved conversion of booked work.
Improved Gross Margin
Gross margin improved to 52% from 45% last year, supported by operational efficiencies and a stable cost of sales.
Radiolabeling and Radiopharmaceutical Success
Continued success in radiolabeling and radiopharmaceutical support workflows, positioning Champions uniquely in the oncology drug development market.
Investment in Data Platform
Ongoing investment in enhancing the data platform's functionality to support pharmaceutical partners, with significant customer interest.
Positive Adjusted EBITDA
The company remains on track to achieve full-year positive adjusted EBITDA, one of its core financial goals for fiscal 2026.