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Odinwell (ODIN) investor relations material
Odinwell Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue for Q2 2025 was 976 KSEK, down from 1,222 KSEK year-over-year; H1 2025 revenue was 2,091 KSEK, down from 2,651 KSEK.
Operating result for Q2 2025 was -1,704 KSEK (Q2 2024: -1,670 KSEK); H1 2025 operating result was -3,470 KSEK (H1 2024: -3,687 KSEK).
Net result after tax for Q2 2025 was -1,675 KSEK (Q2 2024: -1,195 KSEK); H1 2025 net result was -3,408 KSEK (H1 2024: -2,940 KSEK).
Key focus during the quarter was the clinical pilot study, with promising sensor results for bacterial detection.
Financial highlights
Cash position at June 30, 2025: 5,461 KSEK; short-term investments: 1,830 KSEK.
Equity ratio (soliditet) at period end: 96%.
Cash flow from operating activities for H1 2025: -3,042 KSEK.
Earnings per share for Q2 2025: -0.04 SEK (Q2 2024: -0.05 SEK); H1 2025: -0.09 SEK (H1 2024: -0.12 SEK).
Outlook and guidance
Next phase includes industrialization of the product, with focus on testing, documentation, regulatory activities, and supplier evaluation.
A new pre-clinical research project will start in autumn, focusing on technical aspects of the solution.
Results from the clinical pilot study to be summarized and presented in Q3 2025.
Next Odinwell earnings date

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