)

Implantica (IMP) investor relations material
Implantica Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Five-year pivotal study results for RefluxStop published, showing superior outcomes and safety versus existing treatments, with minimal side effects and unmatched efficacy across multiple centers and countries.
US FDA approval process for RefluxStop in final stages; Module 3 submitted, feedback expected in five weeks, inspections scheduled for October, and US launch preparations ongoing.
Revenue declined 22% year-over-year to €433,000 in Q2 due to focus on enrolling patients for a major randomized clinical trial; H1 sales rose 2% to €1.18m.
Expansion in Europe continues, with 19 centers in Spain and NICE recommending RefluxStop for NHS use in the UK for patients with ineffective esophageal motility.
Cash and short-term investments stood at €56.3 million at period end, with no interest-bearing debt.
Financial highlights
Net sales for the quarter were €433,000, down 22% year-over-year; H1 net sales were €1.18 million, up 2%.
Adjusted gross margin was 90% in Q2 (vs. 91% prior year); H1 margin rose to 94% (from 91%).
Operating loss decreased by 23% to €4.5 million in Q2; H1 EBIT loss reduced by 33% to €8.7 million.
Net cash outflow for the quarter was €3.9 million; H1 net cash outflow from operating activities was €8.44 million, improved from €13.0 million prior year.
No interest-bearing debt; equity ratio increased to 98%.
Outlook and guidance
FDA approval for RefluxStop anticipated by year-end or early next year, with US launch preparations including production ramp-up and surgeon training.
NICE recommendation expected to drive increased adoption in UK NHS hospitals, with commercial acceleration likely after summer.
Randomized controlled trial (RCT) of 200 patients starting imminently, with results expected within one year.
Revenue impact from RCT launch expected to ease as patient recruitment stabilizes.
Expansion into Canada and Japan expected to follow US approval.
Next Implantica earnings date

Next Implantica earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage