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Level Bio (LEVBIO) investor relations material
Level Bio Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales increased by 15% year-over-year to 8,995 KSEK for Q1 2026, with a strong gross margin of 52%.
The quarter marked a strategic shift with the divestment of subsidiary CyberGene, completed after the period, strengthening the financial position and clarifying the business focus on advanced diagnostics distribution via Techtum Lab.
Excluding depreciation, the result turned positive; depreciation related to CyberGene will no longer impact results from Q2 2026.
Financial highlights
Net sales: 8,995 KSEK (up 15% year-over-year from 7,808 KSEK).
Gross margin: 52% (50% last year).
Operating result: -117 KSEK (improved from -895 KSEK year-over-year).
Result after tax: -169 KSEK (improved from -836 KSEK year-over-year).
Cash flow: -1,023 KSEK (266 KSEK last year); cash and equivalents at period end: 1,461 KSEK.
Outlook and guidance
Future quarters will reflect a lower revenue base due to the CyberGene divestment but a clearer business model focused on distribution.
Strategic review underway to optimize long-term positioning, capital allocation, and growth strategy.
Emphasis on increasing recurring revenue in distribution for greater predictability and stability.
- 29% revenue growth and CyberGene sale mark a strategic shift to Nordic lab distribution.LEVBIO
Q4 202519 Feb 2026 - Q3 sales up 5% YoY, gross margin at 57%, and cash flow positive amid Nordic expansion.LEVBIO
Q3 202523 Oct 2025 - Revenue up 46%, margins improved, and platform upgrades drive Nordic expansion.LEVBIO
Q2 202525 Aug 2025 - Flat sales but improved results and cash flow signal operational progress and future growth.LEVBIO
Q3 202413 Jun 2025 - Q2 sales grew 10% year-over-year, with H2 growth expected from new products.LEVBIO
Q2 202413 Jun 2025 - Q4 revenue up 22% and gross margin at 58%, with recurring sales driving future growth.LEVBIO
Q4 20249 Jun 2025 - Revenue and Nordic market growth exceeded 40%, driven by rebranding and innovation.LEVBIO
Q1 20256 Jun 2025
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