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Inify Laboratories (INIFY) investor relations material

Inify Laboratories Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary27 Aug, 2025

Executive summary

  • Achieved 54% sales growth in Q2 2025 and 83% in H1 2025 year-over-year, driven by increased customer base and volumes in Sweden.

  • First UK patient case diagnosed and lease signed for a new UK laboratory, marking international expansion.

  • Maintained dominant market share in Stockholm and expanded services to Region Västmanland, with ongoing discussions for further regional growth.

  • UK subsidiary accepted onto Health Trust Europe framework, facilitating NHS procurement.

Financial highlights

  • Q2 2025 net sales reached SEK 5,603 thousand, up from SEK 3,614 thousand in Q2 2024.

  • EBITDA for Q2 2025 was SEK -16,634 thousand, compared to SEK -12,914 thousand in Q2 2024.

  • Net result for Q2 2025 was SEK -17,177 thousand, versus SEK -13,582 thousand in Q2 2024.

  • Equity ratio improved to 92.1% at June 30, 2025, from 85.4% a year earlier.

  • Cash and bank balances at period end were SEK 129.7 million, up from SEK 46.1 million at June 30, 2024.

Outlook and guidance

  • Anticipates further evaluation agreements in the UK in H2 2025 and expects the new UK laboratory to be operational in Q1 2026.

  • Confident in continued growth in Sweden and successful expansion into gastrointestinal diagnostics.

  • Ongoing investment in system development and organizational growth to support future scalability.

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Frequently asked questions

Inify Laboratories specializes in cancer diagnostics, focusing primarily on pathology services. Leveraging advanced technology, the company employs a fully digital, standardized, and AI-supported workflow designed to enhance both the quality and efficiency of diagnostic processes, initially targeting prostate cancer diagnostics. This comprehensive service encompasses the entire sample handling process, including logistics, preparation, and reporting. The company is headquartered in Solna, Sweden, and its shares are listed on the Oslo Stock Exchange.

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