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Inhalation Sciences
Inhalation Sciences (ISAB) investor relations material
Inhalation Sciences Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary27 Feb, 2026
Executive summary
Order intake in Q4 2025 reached 5.4 MSEK, significantly higher than the previous year, with most orders to be delivered in 2026.
The company engaged PharmaVentures to explore potential acquisition opportunities.
Several new contracts were signed with international clients, including major pharmaceutical companies and research institutions.
The company continues to focus on commercializing its core technology and expanding its service portfolio.
Financial highlights
Net sales for Q4 2025 were 1,296 tkr, down from 1,492 tkr in Q4 2024; full-year net sales were 3,041 tkr, down from 11,047 tkr.
Operating loss for Q4 2025 was -2,651 tkr (Q4 2024: -2,406 tkr); full-year operating loss was -10,155 tkr (2024: -5,076 tkr).
Cash flow from operations for the year was -11,228 tkr (2024: -3,380 tkr); cash and cash equivalents at year-end were 2,831 tkr.
Equity at year-end was 7,261 tkr, with an equity ratio of 76.2%.
Earnings per share for the year were -0,35 SEK (2024: -0,34 SEK).
Outlook and guidance
The company expects a strong start to 2026 due to a large order backlog.
Ongoing strategic review may result in a sale or partnership within 9-12 months.
No dividend is proposed for 2025.
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Next Inhalation Sciences earnings date
Q1 202611 May, 2026
Inhalation Sciences
Next Inhalation Sciences earnings date
Q1 202611 May, 2026
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Frequently asked questions
Inhalation Sciences Sweden AB (ISAB) develops and markets laboratory equipment designed for inhalation research. The company’s primary offerings include systems such as PreciseInhale, which allows scientists to measure how inhaled particles behave in the lungs, and DissolvIt, a tool for in vitro simulation of particle dissolution and absorption in the lung epithelium. Their portfolio also includes specialized modules like XposeALI, for 3D cell exposure, and other equipment used in preclinical testing of inhalation drugs and toxicity studies. Inhalation Sciences serves industries involved in respiratory medicine, toxicology, and aerosol science. The company is headquartered in Huddinge, Sweden, and its shares are listed on the Stockholm Stock Exchange.
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