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Cyclezyme (CYCLE) investor relations material
Cyclezyme Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Focused on developing enzymatic solutions for PET and polyamide recycling, with significant progress in industrial partnerships and technology optimization during H1 2026.
Successfully depolymerized industrial textile samples in collaboration with Albany International, demonstrating the potential for circular recycling.
Expanded enzyme platform to include nylon and polyamide, broadening market opportunities.
Strengthened financial position post-period with a directed share issue raising approximately 4.0 MSEK.
Financial highlights
Net sales were 0 KSEK for Q2 2026 (0 KSEK Q2 2025) and 0 KSEK for H1 2026 (150 KSEK H1 2025).
Operating loss was -735 KSEK for Q2 2026 (-671 KSEK Q2 2025) and -1,560 KSEK for H1 2026 (-1,018 KSEK H1 2025).
Net loss after tax was -743 KSEK for Q2 2026 (-682 KSEK Q2 2025) and -1,576 KSEK for H1 2026 (-1,041 KSEK H1 2025).
Cash flow for H1 2026 was -2,138 KSEK (1,084 KSEK H1 2025); cash and cash equivalents at period end were 445 KSEK (2,583 KSEK at 2025 year-end).
Equity at June 30, 2026, was 6,174 KSEK (7,750 KSEK at 2025 year-end).
Outlook and guidance
The recent share issue ensures sufficient funding for planned operations over the next 12 months.
Continued focus on scaling up technology, deepening industrial partnerships, and moving toward commercialization.
- Losses increased as sales fell to zero, but a key patent and scaling projects mark strategic progress.CYCLE
Q1 2026 - Major project to scale enzymatic PET recycling advances, with stakeholder update on February 5.CYCLE
Investor update - Revenue growth and reduced losses mark a pivotal year, with strong partner-driven project momentum.CYCLE
Q4 2025 - Granted patent, industrial scale-up, and improved liquidity mark a pivotal growth phase.CYCLE
Q3 2025 - Advanced toward commercialization with new patent, paid pilot, and strong liquidity.CYCLE
Q2 2025 - Breakthrough in PET recycling technology and strong liquidity position despite ongoing losses.CYCLE
Q3 2024 - Breakthrough in PET recycling achieved; losses widen but liquidity remains strong.CYCLE
Q2 2024 - Cyclezyme advances commercialization with new partnerships, improved results, and solid funding.CYCLE
Q1 2025 - No revenue but key breakthroughs and partnerships position Cyclezyme for EU-driven growth.CYCLE
Q4 2024
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