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Medicortex International (MEDFIN) investor relations material
Medicortex International Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Completed an acquisition of 89.9% of Medicortex Finland Oyj, resulting in a new consolidated group as of June 29, 2026.
Company rebranded and began trading under the new ticker MEDFIN B from July 1, 2026.
Strategic focus on commercializing the ProbTBI® diagnostic test for traumatic brain injury, with GMP manufacturing and multicenter clinical studies underway.
Financial highlights
Group net sales for Q2 2026 were 0 TKR; parent company net sales were 57 TKR, down 4% year-over-year.
Group operating profit for Q2 was 9,734 TKR, driven by a one-time non-cash income of 11,472 TKR (negative goodwill from the acquisition).
Excluding the one-time item, group net result for Q2 was -1,890 TKR.
Parent company Q2 net result was -3,299 TKR; group Q2 net result attributable to shareholders was 9,582 TKR.
Cash flow from operations for Q2 was -308 TKR for the group and -1,477 TKR for the parent.
Outlook and guidance
Focus on advancing ProbTBI® to regulatory approval and market launch, with ongoing clinical validation and manufacturing scale-up.
Legacy investment holdings are being divested as the group transitions to a pure medtech focus.
- Group sales fell 19% as strategic restructuring and medtech transformation advanced.MEDFIN
Q1 2026 - 2025 saw declining revenue and losses amid a strategic shift to medtech via the Medicortex merger.MEDFIN
Q4 2025 - Positive Q3 results and a transformative medtech acquisition mark a pivotal quarter.MEDFIN
Q3 2025 - Cost reductions and divestments improved results amid ongoing strategic transformation.MEDFIN
Q2 2025 - Sharp revenue decline and major restructuring, including a reverse acquisition and share issue.MEDFIN
Q3 2024 - Sharp revenue drop offset by improved equity and new capital; cost cuts and divestments ongoing.MEDFIN
Q2 2024 - Operating losses narrowed and cost base improved as NOSIUM targets new structural deals.MEDFIN
Q1 2025 - Sharp revenue drop and asset write-downs, but improved equity and cost control.MEDFIN
Q4 2024
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