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Moberg Pharma (MOB) investor relations material
Moberg Pharma Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary11 Nov, 2025
Executive summary
Achieved strong market leadership for TerclaraⓇ in Sweden (47% value share) and Norway (37% value share) during Q3 2025, with continued expansion into Europe via a new license agreement with Karo Healthcare covering 19 markets.
MOB-015/TerclaraⓇ to be launched under the Lamisil® brand, leveraging Karo Healthcare's distribution network for broad European coverage.
Product recognized for launch excellence, including a nomination for "Launch of the Year" in Norway.
Financial highlights
Net revenue for Jan–Sep 2025 was SEK 11.5 million, up from SEK 8.8 million year-over-year; Q3 revenue was SEK 4.0 million (Q3 2024: SEK 3.9 million, which included a SEK 1.7 million milestone payment).
EBITDA for Jan–Sep 2025 was SEK -18.7 million (2024: -15.7 million); Q3 EBITDA was SEK -5.6 million (2024: -3.0 million).
Operating profit (EBIT) for Jan–Sep 2025 was SEK -19.9 million (2024: -16.7 million); Q3 EBIT was SEK -6.0 million (2024: -3.3 million).
Profit for Jan–Sep 2025 was SEK -14.5 million (2024: -11.8 million); Q3 profit was SEK -4.3 million (2024: -1.3 million).
Cash and cash equivalents at period end were SEK 236.2 million (2024: SEK 309.0 million).
Outlook and guidance
Focus remains on launching MOB-015 in 11 additional approved European countries, with further expansion planned as regulatory approvals for the Lamisil® brand are obtained.
Priority given to markets with existing commercial partners and high commercial potential.
U.S. launch timeline extended pending additional clinical data; near-term focus is on Europe.
What are the Lamisil brand approval hurdles in EU?
Cash runway given current burn rate
What additional US clinical data is required
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Next Moberg Pharma earnings date
Q4 202511 Feb, 2026
Next Moberg Pharma earnings date
Q4 202511 Feb, 2026
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Frequently asked questions
Moberg Pharma AB develops, manufactures and markets OTC products in the areas of footcare and oral healthcare. The company own the rights to a patented platform technology, which means that they can tailor each product exactly to the needs of each customer. The products are primarily sold through intermediaries and are developed in close collaboration with leading retailers, who sell them on their home markets. Moberg Pharma AB market some of their products directly under their own brands, or via the company's own sales force on a limited number of selected markets.
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