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Diagonal Bio (DIABIO) investor relations material

Diagonal Bio 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 summary31 Oct, 2025

Executive summary

  • Achieved key commercial milestone with Stall Courant's order of LAMPlify and a 36-month leasing agreement, expanding presence in the equine diagnostics market.

  • Launched a new test for Equine Herpesvirus type 2 (EHV-2), broadening the product portfolio for equine health.

  • Filed a Swedish patent application for a computational method improving LAMP primer design, and received a Japanese patent grant for a proprietary detection method.

  • Initiated collaboration with the Swedish Veterinary Agency to evaluate equine coronavirus testing, supporting scientific validation and market expansion.

  • Launched a new website to strengthen commercial presence and focus on the animal health market.

Financial highlights

  • Net sales for Q3 2025 were 45 KSEK, up from 0 KSEK in Q3 2024.

  • Net loss after financial items was -2,042 KSEK, compared to -1,242 KSEK in the same quarter last year.

  • Cash flow for the quarter was -1,002 KSEK, an improvement from -2,428 KSEK in Q3 2024.

  • Cash and cash equivalents at period end were 1,737 KSEK, nearly unchanged from 1,730 KSEK a year earlier.

  • Investments in intangible assets (patents and trademarks) totaled 108 KSEK, and capitalized development expenses were 238 KSEK.

Outlook and guidance

  • Focus remains on expanding LAMPlify's market presence and leveraging the growing IP portfolio for long-term value.

  • Ongoing collaborations and new product launches are expected to drive further commercial and scientific progress.

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Frequently asked questions

Diagonal Bio AB operates as a biotechnology company in Sweden. The company is focused on the development of drug candidate for treatment of diabetes and obesity, based on its technology for targeting the GLP-1 receptor. The company also develops small molecules for pharmaceutical and diagnostic purposes. It offers DiabNext, which is in Phase II trial for dibenzo-p-dioxin (DCDX)-induced significant reduction in pulmonary hypertension syndrome (PH). The company is based in Lund, Sweden.

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