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DexTech Medical (DEX) investor relations material
DexTech Medical Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
No net sales were recorded for the year or quarter; operations focused on R&D and clinical trials.
Operating loss for the year was SEK -5.3 million, slightly improved from SEK -5.5 million year-over-year.
Cash and cash equivalents at year-end were SEK 14.7 million, down from SEK 19.0 million.
The ongoing myeloma Phase 1 study showed 67% of patients achieved stable disease, with no significant side effects.
European patent granted for GMP manufacture of OsteoDex, supporting future market exclusivity.
Financial highlights
Net sales: SEK 0.0 million for both the quarter and full year, unchanged year-over-year.
Operating profit: SEK -1.6 million for Q4, SEK -5.3 million for the year, both slightly improved from prior periods.
Earnings per share: SEK -0.08 for Q4, SEK -0.26 for the year, marginally lower than last year.
Cash flow for the year: SEK -4.3 million, improved from SEK -6.2 million prior year.
Equity at year-end: SEK 24.8 million, equity/assets ratio 99%.
Outlook and guidance
Operations are financed until Q4 2026 due to reduced costs and previous rights issue.
The ongoing myeloma Phase 1 study is expected to complete in Q4 2025.
License revenues are targeted to finance operations beyond 2026.
Continued focus on out-licensing drug candidates after phase II studies.
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