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Arctic Bioscience
Arctic Bioscience (ABS) investor relations material
Arctic Bioscience Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 TU earnings summary26 Feb, 2026
Executive summary
2025 sales revenue was NOK 39.8 million, a decrease from 2024 due to a significant product recall at the end of 2024, but Q4 2025 saw a strong recovery with NOK 13.9 million in sales and robust order intake for 2026.
B2B segment remained dominant, accounting for nearly 90% of sales, with the US market showing over 140% year-over-year growth and the Americas achieving the highest revenue share at 33%.
Operational cost reductions of NOK 13.6 million improved EBITDA, with adjusted EBITDA for 2025 at NOK -28.3 million, up from NOK -36.8 million in 2024.
Pharma pipeline advanced with positive results in psoriasis and glaucoma studies, and the HeROPA trial demonstrated significant reduction in systemic inflammation, attracting international attention and partnership discussions.
ROMEGA® products expanded into Singapore and Asia, and Arctic Algae project received NOK 2.5 million in funding for oral fish vaccines.
Financial highlights
2025 sales revenue was NOK 39.8 million, down NOK 3.7 million from 2024, with Q4 sales at NOK 13.9 million.
Gross margin for 2025 was 27.1%, stable compared to 2024.
Adjusted EBITDA for 2025 was NOK -28.3 million, an improvement from NOK -36.8 million in 2024.
Available liquidity at year-end was NOK 5.2 million, down from NOK 7 million at the end of 2024.
Operational costs reduced by NOK 13.6 million year-over-year.
Outlook and guidance
Strong order outlook for 2026, with expected growth in nutraceuticals and new product launches in B2B and B2C segments across Europe and Asia.
Continued focus on expanding B2C distribution in Europe and growing presence in Asia, including new markets like India, Japan, and Singapore.
Pharma development to proceed with partners and soft funding, not through direct capital raises.
Data from HeROPA trial to be published and presented in 2026, increasing visibility.
Liquidity situation is closely monitored, with ongoing dialogue with the bank and board oversight.
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Next Arctic Bioscience earnings date
Q4 20257 May, 2026
Arctic Bioscience
Next Arctic Bioscience earnings date
Q4 20257 May, 2026
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Frequently asked questions
Arctic Bioscience ASA is a biotechnology company specializing in the development and production of health products derived from marine ingredients, particularly omega-3 fatty acids from herring roe. The company's products are used in the nutraceutical and pharmaceutical sectors, offering health benefits related to brain, heart, and immune function. In addition to producing omega-3-based supplements for consumer markets, Arctic Bioscience is involved in the research and development of new pharmaceutical applications utilizing marine-based bioactive compounds. The company is headquartered in Ørsta, Norway, and its shares are listed on the Oslo Stock Exchange.
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