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Iconovo (ICO) investor relations material
Iconovo Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Major reorganization in Q3 2025 to focus on ICOpre, ICOres, and intranasal semaglutide development.
Board and largest shareholders unanimously support the new strategic direction.
Cost base significantly reduced, with further decreases expected in Q4 2025.
Previous financial targets withdrawn in October 2025; new targets to be set.
Financial highlights
Net sales for Q3 2025 were TSEK 7, up from TSEK 0 in Q3 2024; Jan–Sep 2025 net sales were TSEK 601, down from TSEK 1,948 year-over-year.
Operating loss for Q3 2025 was TSEK -8,828, improved from TSEK -11,080 in Q3 2024.
Loss for Jan–Sep 2025 was TSEK -30,396, nearly unchanged from TSEK -30,302 last year.
Cash and cash equivalents at period end were TSEK 18,550, up from TSEK 8,912 a year earlier.
Shareholders' equity increased to TSEK 130,711 from TSEK 111,700 year-over-year.
Outlook and guidance
New financial and strategic targets will be presented after a review, focusing on value optimization and commercialization of inhalers and semaglutide nasal product.
Financing for operations and plans is secured for the next 12 months based on current outlook and cost reductions.
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