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Intervacc (IVACC) investor relations material
Intervacc 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
Net sales more than doubled year-over-year for the first half of 2025, reaching SEK 11.6 million, driven by strong growth and expanded market penetration for StrangvacⓇ.
Successful rights issue raised SEK 225 million before costs, strengthening the cash position to over SEK 200 million and supporting a growth-oriented business plan.
StrangvacⓇ launched in new European markets including Finland, Spain, Portugal, and Slovenia, with positive feedback from field use and veterinarians.
Approval process for StrangvacⓇ in the US is progressing, with safety and efficacy studies planned for 2025 and 2026.
Financial highlights
Q2 2025 net sales: SEK 7.0 million (up from SEK 2.7 million in Q2 2024); H1 2025 net sales: SEK 11.6 million (up from SEK 5.1 million year-over-year).
Operating loss for Q2 2025: SEK -18.6 million (Q2 2024: SEK -18.3 million); H1 2025 operating loss: SEK -32.1 million (improved from SEK -36.3 million year-over-year).
Cash flow from operating activities for H1 2025: SEK -25.4 million; cash at period end: SEK 202 million.
Equity at June 30, 2025: SEK 324.8 million, up SEK 162.5 million from year-end 2024.
Earnings per share H1 2025: SEK -0.12 (H1 2024: SEK -0.47).
Outlook and guidance
Financing secured for the growth-oriented business plan, including US market entry and continued product development.
Focus on expanding StrangvacⓇ adoption in Europe and achieving US regulatory approval.
Ongoing development of new vaccines for animal diseases using proprietary technology platform.
How to scale Strangvac's market penetration?
US Strangvac studies: expected cost and timeline?
S. suis vaccine: next steps to market readiness?
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Next Intervacc earnings date
Q3 202519 Nov, 2025
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Frequently asked questions
Intervacc AB, a biotechnology company, engages in the research and development of veterinary vaccines using recombinant proteins for animal health. The company offers Canvax, a vaccine for bovine viral diarrhea; and Fervac B, a vaccine for feline viral rhinotracheitis, calicivirus, and panleukopenia. It also provides a range of potential prevention vaccines to veterinarians, including vaccines to control rabies. Intervacc is based in Hägersten, Sweden.
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