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Aspira Women's Health Inc.

aspirawh.com

What Do They Do?

Sells blood tests that help physicians assess ovarian cancer risk in women with adnexal masses, and develops noninvasive tests for other gynecologic diseases.

How Do They Make Money?

Aspira bills third-party payers, government health programs, clients and patients for tests. OvaSuite revenue is counted when testing is complete and results reach the physician; collection can take as long as one year.

FY2025 revenue

Who Are Their Customers?

Physicians, physician-office labs, and regional or national labs access tests through direct referrals, Aspira’s platform, or laboratory partners; specimens are sent to Aspira for testing.

Do Revenues Turn Into Profits?

No. It lost $12.8M in FY2025.

Operating income, FY2025
−2307% of revenue
▼ −51% (Loss) vs FY2024 (−$16.3M, −406950%)
Net income, FY2025
−3726% of revenue
▼ −2% (Loss) vs FY2024 (−$13.1M, −327350%)
Free cash flow, FY2025
−2054% of revenue
▼ −42% (Loss) vs FY2024 (−$12.2M, −303750%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −90%
vs $169K in Q2 FY2025
Net income
▼ −9% (Loss)
vs −$2.7M in Q2 FY2025
  • Jun 22, 2026 CEO leaves; board chair becomes interim CEO Michael Buhle ceased serving as CEO, and the board appointed Chairman John Fraser as interim CEO while it searches for a permanent successor.
  • Apr 30, 2026 New CFO and Chief Accounting Officer appointed John Strahley was appointed CFO and Chief Accounting Officer; Brian Hungerford’s consulting agreement ended.

Repeat OvaWatch testing The older report presents OvaWatch as an initial assessment, with repeat monitoring still planned; the latest report describes periodic testing at physician-prescribed intervals as part of its current use.

Mayo distribution channel The latest report adds Mayo Clinical Laboratories as a distribution channel; the older report describes sales through its own sales force, platform and BioReference.

Who Do They Compete With?

Competes with Fujirebio Diagnostics, AOA Dx, ClearNote Health, Cleo Diagnostics, Mercy BioAnalytics, Exact Sciences, Grail, Afynia, DotLab, Endodiag, HERA Biotech, Heranova, Proteomics International, and Ziwig

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