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Investor Relations14 Oct 2025
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Annexin Pharmaceuticals (ANNX) investor relations material
Annexin Pharmaceuticals Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary17 Jul, 2025
Executive summary
Focused on advancing clinical development of ANXV, with preparations for a phase 2a study in diabetic retinopathy and ongoing business development activities targeting licensing opportunities.
Strengthened financial position through a fully subscribed rights issue of approximately 50 MSEK, supporting ongoing and planned studies.
No significant events occurred after the reporting period.
Financial highlights
Net loss for Q2 2025 was -8,503 TSEK, improved from -14,514 TSEK in Q2 2024; H1 2025 net loss was -16,477 TSEK, improved from -26,973 TSEK year-over-year.
Earnings per share for H1 2025 were -2.67 SEK, compared to -7.28 SEK for H1 2024 (adjusted for 1:100 share consolidation).
Cash flow from operating activities for H1 2025 was -18,192 TSEK, compared to -28,260 TSEK year-over-year.
Cash and cash equivalents at June 30, 2025, were 46,257 TSEK, up from 37,352 TSEK a year earlier.
Equity per share at period end was 7.36 SEK, down from 9.73 SEK year-over-year.
Outlook and guidance
Financing is secured until mid-Q1 2026 following the rights issue; management is actively evaluating further financing options.
First patient in the phase 2a diabetic retinopathy study expected in Q3 2025, with top-line data anticipated before year-end.
Continued focus on expanding the clinical portfolio and preparing for a phase 2b study in RVO.
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Next Annexin Pharmaceuticals earnings date
Q3 202523 Oct, 2025
Next Annexin Pharmaceuticals earnings date
Q3 202523 Oct, 2025
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Frequently asked questions
Annexin Pharmaceuticals AB is a Swedish biotechnology company focused on developing innovative therapies for cardiovascular and inflammatory diseases. Its lead product, ANXV, is a recombinant human protein, Annexin A5, which has the potential to treat conditions related to blood vessel damage and inflammation. The drug is currently undergoing clinical trials, particularly for Retinal Vein Occlusion (RVO), a condition that can lead to vision loss, and shows potential for broader applications, including in oncology. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Stockholm Stock Exchange.
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