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Glycorex Transplantation (GTAB) investor relations material
Glycorex Transplantation Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary29 Aug, 2025
Executive summary
Achieved 11% sales growth in Q2 2025 year-over-year, with strong performance in Mexico and Germany.
Rolling 12-month sales growth reached 22%.
Operating income improved by 49% compared to Q2 2024.
Strategic progress in emerging markets, including a significant order from Mexico and clinical advances in the US and Morocco.
Financial highlights
Q2 2025 net sales: SEK 10.2 million (Q2 2024: SEK 9.1 million); H1 2025: SEK 19.8 million (H1 2024: SEK 17.2 million).
Q2 2025 operating income: SEK -1.0 million (Q2 2024: SEK -2.0 million); H1 2025: SEK -2.5 million (H1 2024: SEK -5.4 million).
Q2 2025 net income: SEK -1.1 million (Q2 2024: SEK -2.2 million); H1 2025: SEK -2.8 million (H1 2024: SEK -5.7 million).
Earnings per share for H1 2025: SEK -0.04 (H1 2024: SEK -0.08).
Cash and cash equivalents at period end: SEK 11.4 million (Q2 2024: SEK 6.9 million).
Equity/assets ratio at period end: 74.8% (Q2 2024: 65.2%).
Outlook and guidance
Continued focus on global expansion, especially in growth markets such as Mexico, India, and South Africa.
Ongoing regulatory and clinical initiatives in the US for pediatric heart transplantation.
Expectation of further clinical and commercial progress in H2 2025.
US pediatric heart transplant regulatory path
RA product study initiation timeline
Path to sustained positive cash flow
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Next Glycorex Transplantation earnings date
Q3 202528 Nov, 2025
Next Glycorex Transplantation earnings date
Q3 202528 Nov, 2025
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Frequently asked questions
Glycorex Transplantation is a Swedish biotechnology company that develops and markets medical devices for organ and blood compatibility. The company’s core technology removes specific antibodies from blood, enabling safer organ transplants and transfusions. It serves hospitals and healthcare providers globally. Glycorex Transplantation is headquartered in Lund, Sweden, and its shares are listed on the Spotlight Stock Market.
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