Observe Medical
Logotype for Observe Medical

Observe Medical (OBSRV) investor relations material

Observe Medical Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Observe Medical
Q4 2025 earnings summary27 Feb, 2026

Executive summary

  • UnoMeter revenues rose 69% year-over-year in H2 2025 to NOK 7.5 million; full-year UnoMeter revenues grew 64% to NOK 18.8 million, offsetting the phased-out Nordic distribution business.

  • Gross proceeds of NOK 58.5 million were raised, with NOK 50.5 million in cash from private placements and a subsequent offering.

  • Total debt reduced by approximately NOK 50 million through restructuring, and all UnoMeter assets were consolidated.

  • Significant impairment of Biim Ultrasound intangible assets (NOK 41.7 million full year) after a major partner halted rollout.

  • Expanded product portfolio in urological drainage, with three new products targeting a NOK 1.6–1.8 billion global market.

Financial highlights

  • H2 2025 operating revenue: NOK 7.5 million (up NOK 2.2 million YoY); FY 2025: NOK 18.8 million (up NOK 1.6 million YoY).

  • Adjusted gross margin in H2: 31.8% (+12.3pp YoY); FY: 28.4%, stable YoY.

  • Adjusted EBITDA H2: -NOK 14.8 million; FY: -NOK 25.6 million (improved from -NOK 28.2 million last year).

  • Net financial income H2: NOK 29.8 million (vs. -NOK 6.4 million YoY), mainly from debt restructuring gains.

  • Net result H2: -NOK 29.6 million (vs. -NOK 33.3 million YoY); FY: -NOK 48.6 million (vs. -NOK 58.7 million YoY).

  • EPS FY: -0.73 (vs. -0.26 YoY).

Outlook and guidance

  • Focus remains on commercial execution, revenue growth, and improved cash flow.

  • Further market penetration of UnoMeter portfolio and launch preparations for UnoMeter Safeti Max in March/April 2026.

  • Management expects sufficient working capital for the next 12 months, contingent on revenue growth.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Observe Medical earnings date

Logotype for Observe Medical
Q4 2025 TU25 Mar, 2026
Observe Medical
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Observe Medical earnings date

Logotype for Observe Medical
Q4 2025 TU25 Mar, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Observe Medical ASA is a Norwegian medical technology company specializing in the development and commercialization of innovative products for the healthcare sector. The company focuses on medtech solutions aimed at improving clinical outcomes, with a particular emphasis on areas such as urine measurement, anesthesiology, and wound care. Its portfolio includes devices and disposables designed for hospital use, including automated digital urine meters used in intensive care units and other critical care environments. Additionally, Observe Medical offers solutions to improve patient welfare, enhance data accuracy, and support cost-effective healthcare delivery. The company is headquartered in Oslo, Norway, and its shares are listed on the Oslo Stock Exchange.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage