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Polymer Factory
Polymer Factory (POLYMER) investor relations material
Polymer Factory Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary17 Feb, 2026
Executive summary
Net sales for the full year 2025 increased by 18% year-over-year, while operating expenses decreased by 10% compared to 2024, resulting in a 30% improvement in operating profit year-over-year.
The company remains loss-making, with a full-year loss of KSEK -2,896, but the loss narrowed from KSEK -4,118 in 2024.
Strategic milestones include a major Spherical® product order from a global biopharma leader, a supply agreement with a scientific instrumentation leader, and the launch of a US sales hub.
A directed share issue was completed to increase working capital, and the company received SEK 2.05 million from the exercise of warrants.
Financial highlights
Net sales for Q4 2025 were KSEK 308, down 43% from Q4 2024; full-year net sales reached KSEK 1,990, up 18% year-over-year.
Operating expenses for the full year were KSEK 6,788, down from KSEK 7,567 in 2024.
Cash and bank balances stood at KSEK 1,715 as of December 31, 2025.
Equity at year-end was KSEK 4,126, with an equity/assets ratio of 73%.
Earnings per share for 2025 were SEK -0.23, an improvement from SEK -0.38 in 2024.
Outlook and guidance
Focus remains on organic growth, high-margin products, and cost efficiency to achieve positive cash flow.
Growth strategy leverages both partnerships and direct sales, with increased penetration in North America and Europe.
The board notes a risk of insufficient financing over the next 12 months if sales do not improve or additional capital is not raised.
Impact of recent share issue on financing risk?
Explain Q4 sales decline vs full year growth
Commercialization plan for DNGs and new patents?
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Next Polymer Factory earnings date
Q1 202616 May, 2026
Polymer Factory
Next Polymer Factory earnings date
Q1 202616 May, 2026
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Frequently asked questions
Polymer Factory Sweden AB is a Sweden-based company specializing in advanced polymeric materials. The company develops and manufactures dendritic polymers, such as dendrimers and hyperbranched polymers, for applications in life sciences, diagnostics, drug delivery, and material sciences. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Spotlight Stock Market.
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