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Active Biotech (ACTI) investor relations material
Active Biotech Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved key milestones in clinical and preclinical development for tasquinimod in myelofibrosis and multiple myeloma, and laquinimod in inflammatory eye diseases.
Successfully completed a fully guaranteed rights issue of SEK 70 million to fund operations through 2027.
Ongoing collaborations with leading academic institutions in the US and Europe support clinical programs.
Financial highlights
No net sales recorded for 2025; operating loss was SEK 37.6 million, down from SEK 39.8 million in 2024.
Loss after tax for 2025 was SEK 37.3 million, compared to SEK 39.4 million in 2024.
Cash and cash equivalents at year-end were SEK 65.1 million, up from SEK 27.4 million at the end of 2024.
Cash flow from financing activities was SEK 70.1 million, reflecting proceeds from the rights issue.
Equity/assets ratio improved to 79.2% from 75.8% in 2024.
Outlook and guidance
Funding secured to support ongoing clinical studies and business development through 2027.
Interim results from tasquinimod clinical studies expected in 2026, with efficacy results anticipated by end of 2027.
Focus remains on advancing tasquinimod in myelofibrosis and securing partnerships for laquinimod.
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