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Bioretec (BRETEC) investor relations material

Bioretec Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary13 Nov, 2025

Executive summary

  • Net sales for Q3 2025 were EUR 715 thousand, up 4.5% year-over-year; for January–September, net sales reached EUR 2,789 thousand, a 1.6% increase year-over-year.

  • The company is undergoing a strategic transition, with new CEO and CFO appointments and a focus on strengthening commercial leadership and strategy.

  • Previous financial targets have been withdrawn due to longer FDA approval timelines, financing needs, and strategic adjustments.

Financial highlights

  • Q3 2025 EBITDA was EUR -1,768 thousand, compared to EUR -1,353 thousand in Q3 2024; January–September EBITDA was EUR -6,325 thousand, down from EUR -3,217 thousand year-over-year.

  • Q3 2025 net loss was EUR -1,854 thousand, compared to EUR -1,367 thousand in Q3 2024; January–September net loss was EUR -7,482 thousand, compared to EUR -3,251 thousand year-over-year.

  • Cash and cash equivalents at period end were EUR 7,263 thousand, up 205.5% year-over-year.

Outlook and guidance

  • Revised commercialization strategy and financial targets will be provided by the end of 2025.

  • No accelerated sales expected in 2025; previous targets for net sales and positive cash flow have been withdrawn.

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Frequently asked questions

Bioretec Oy is a medical device manufacturer based in Finland, specializing in the development, manufacturing, and commercialization of bioresorbable orthopedic implants and implant materials. These products are designed for the treatment of bone and soft tissue injuries and are utilized in various surgical applications, including pediatrics, trauma surgery, and sports surgery. The company's Activa product line includes bioabsorbable biopolymer products. Bioretec Oy also has a subsidiary in Germany, BRI.Tech GmbH, and its products are used globally. The company is headquartered in Finland, and its shares are listed on the Nasdaq Helsinki.

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