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Bactiguard (BACTI) investor relations material
Bactiguard Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary23 Oct, 2025
Executive summary
Q3 2025 achieved positive EBITDA of SEK 5.3 million, maintaining profitability despite a 34.5% revenue decline due to lower license revenues and currency effects.
Investments in organizational capabilities and clinical evidence support future growth in infection prevention and wound management.
License revenue from BD rebounded, while Zimmer Biomet revenue was limited as anticipated.
Strategic focus remains on expanding partnerships, advancing clinical validation, and infection prevention technology.
Wound Management portfolio showed continued growth in Hydrocyn aqua, offset by a decline in sutures.
Financial highlights
Q3 2025 revenues were SEK 48.4 million, down 34.5% year-over-year, impacted by high prior-year comparisons and currency headwinds.
License revenues reached SEK 29.9 million, with BD partnership revenues at SEK 28.3 million, down 15% year-over-year.
Wound management revenues were SEK 15.6 million, a 12.6% decrease from Q3 2024, mainly due to lower suture sales.
Net loss for Q3 was SEK 7.5 million; year-to-date net loss improved to SEK 20.4 million.
Operating expenses decreased by 22% year-to-date, with significant cost savings.
Outlook and guidance
Wound Management is expected to deliver double-digit growth long-term, driven by Hydrocyn aqua.
Strategic targets for 2030 include revenues of at least SEK 600 million and EBITDA of at least SEK 200 million.
Continued investment in R&D, regulatory, and partnership expansion is planned.
Focus remains on expanding partnerships and advancing early-stage testing in high-need therapeutic areas.
Progress and future launches anticipated in BD partnership, with regulatory approvals pending.
BD's European launch timeline?
Impact of new Zimmer Biomet study results?
Progress in Cardiology nonclinical studies?
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Next Bactiguard earnings date
Q4 20256 Feb, 2026
Next Bactiguard earnings date
Q4 20256 Feb, 2026
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Frequently asked questions
Bactiguard Holding AB, a medical device company, engages in the development and supply of infection prevention solutions in Sweden and internationally. The company offers PrimoVac, which is an antimicrobial wound dressing to fight infection following post-surgical procedures or other surgeries that disturb the body's natural barrier against infection. It operates through two segments: Healthcare and Other. Its Healthcare segment offers PrimoVac, as well as disinfectants for infusion systems used in healthcare facilities; burn health care products for treatment of burns, minor wounds for everyday use and products for infrequent use; plastic surgery materials; products used to aid wound healing; rinsing irrigation systems for surgical procedures; adhesives for orthopedic surgery; non-adherent dressings under the BactiDrain™ brand are used to collect fluid from wounds by vacuum action; surgical bags and drainage trolleys that are designed to keep drains organized during surgery; and hand hygiene products containing natural essential oils among others. Bactiguard Holding is based in Tullinge, Sweden.
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