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Corline Biomedical (CLBIO) investor relations material

Corline Biomedical Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary26 Aug, 2025

Executive summary

  • Positioned for a breakthrough as a CHSTM supplier to the US market, leveraging a professional team and focus on quality to build long-term market relevance.

  • Strategic focus on supporting Kardium's US launch and expanding the customer base through the Growth Initiative targeting new medtech clients.

Financial highlights

  • Net sales for Q2 2025 were 2,187 KSEK, nearly flat compared to Q2 2024 (2,255 KSEK).

  • Net sales for H1 2025 totaled 4,242 KSEK, down from 5,993 KSEK year-over-year.

  • Result after financial items for Q2 2025 was -3,257 KSEK, an improvement from -4,369 KSEK in Q2 2024.

  • H1 2025 result after financial items was -6,328 KSEK, slightly worse than -6,038 KSEK in H1 2024.

  • Cash and cash equivalents at June 30, 2025, were 8.3 MSEK, down from 12.7 MSEK a year earlier.

Outlook and guidance

  • Future growth depends on Kardium's upcoming US product launch and FDA approval, with no major production investments planned for the next three years.

  • The Growth Initiative aims to diversify the customer base and increase revenue by targeting both large and small medtech clients.

  • Financial stability in the near term relies on increased sales, particularly from the Kardium contract.

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Frequently asked questions

Corline Biomedical AB is a Swedish biotechnology company focused on developing heparin-based medical solutions to improve outcomes in kidney transplantation and cell therapies. The company’s proprietary Corline Heparin Conjugate (CHC) technology is central to its product offerings. Key products include Renaparin, aimed at improving kidney transplantation by reducing complications during surgery, and Cytoparin, designed for cell therapy applications, particularly in the treatment of type 1 diabetes. The company is headquartered in Uppsala, Sweden, and its shares are listed on the Stockholm Stock Exchange.

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