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Klaria Pharma Holding (KLAR) investor relations material
Klaria Pharma Holding Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary26 Nov, 2025
Executive summary
No net sales were recorded in Q3 2025, with R&D expenses at 4.8 MSEK and a net loss after tax of -8.7 MSEK for the quarter, and -30.4 MSEK for the nine-month period.
Cash flow from operating activities was highly negative at -31.2 MSEK in Q3, mainly due to payment of accrued interest on redeemed loans.
The company secured 31.8 MSEK from a share issue in July and 9.7 MSEK from convertibles in June.
CNX Therapeutics began production of Sumatriptan Alginate Film ahead of its European launch, marking a key milestone.
Financial highlights
Net sales for Q3 2025 were 0 SEK, compared to 1,060 TSEK in Q3 2024; for Jan–Sep 2025, net sales were 8,985 TSEK, up from 1,182 TSEK year-over-year.
R&D expenses for Q3 were 4,752 TSEK (4,658 TSEK in Q3 2024); for Jan–Sep, 15,267 TSEK (12,832 TSEK in 2024).
Profit after tax for Q3 was -8,733 TSEK (-7,868 TSEK in Q3 2024); for Jan–Sep, -30,443 TSEK (-32,169 TSEK in 2024).
Cash and cash equivalents at period end were 2,541 TSEK (537 TSEK in Q3 2024).
Equity at period end was 4,545 TSEK (12,917 TSEK in Q3 2024).
Outlook and guidance
Preparations for the European launch of Sumatriptan Alginate Film are in final stages, with initial launches planned in Germany, Spain, and Italy in H2 2025.
Expansion into additional markets, including the Middle East, South America, Asia/Australia/New Zealand, and the US, is being pursued through licensing discussions.
What generated the 8.985 MSEK net sales Jan-Sep 2025?
Q3 cash flow: quantify loan interest payment impact.
Sumatriptan: key strategies for 10-30% EU market share?
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Next Klaria Pharma Holding earnings date
Q4 202520 Feb, 2026
Next Klaria Pharma Holding earnings date
Q4 202520 Feb, 2026
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Frequently asked questions
Klaria Pharma Holding AB is a Swedish biotechnology and medical research company focused on developing and commercializing therapeutic drugs. The company's core technology involves a patented drug delivery platform using an alginate-based polymer film that facilitates rapid and reliable transmucosal absorption. This innovative method allows the medication to be distributed directly into the bloodstream via a mucoadhesive film, offering benefits such as shorter time to effect, increased control, and simple handling. The company is headquartered in Uppsala, Sweden, and its shares are listed on the Nasdaq Stockholm.
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