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Qlucore (QCORE) investor relations material
Qlucore Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Launched new AI-based Qlucore Insights tests for Acute Myeloid Leukemia and Bladder Cancer for research use, marking milestones in the EU-funded project.
Net sales declined 34% year-over-year to SEK 6,737k, with a 44% drop in Q4 sales compared to the same quarter last year.
Cost reduction measures, including staff reductions and consulting cuts, were implemented to address declining sales; full impact expected by August 2026.
Majority of sales derived from Qlucore Omics Explorer, but sales impacted by increased competition from free solutions and reduced research funding.
Liquidity to be strengthened by an upcoming EU grant payment of over SEK 5 million.
Financial highlights
Net sales for the year: SEK 6,737k (down from SEK 10,208k year-over-year).
Adjusted EBITDA for the year: SEK -12,873k (improved from SEK -24,116k year-over-year).
Net result for the year: SEK -36,523k (down from SEK -20,535k year-over-year).
Cash flow from operating activities: SEK -12,464k (improved from SEK -14,154k year-over-year).
Net cash flow: SEK -2,343k (improved from SEK -23,560k year-over-year); cash and cash equivalents at period end: SEK 2,969k.
Equity at period end: SEK 36,305k (down from SEK 58,465k year-over-year).
Outlook and guidance
No market outlook or business performance forecasts are provided.
Full effect of cost reductions expected by August 2026.
- Sales fell sharply and losses persisted, but cash flow improved after a rights issue.QCORE
Q3 202626 Feb 2026 - Q2 saw lower sales, major write-offs, cost cuts, and improved liquidity from a rights issue.QCORE
Q2 202627 Nov 2025 - Sales dropped sharply, but liquidity improved after a major rights issue and cost cuts.QCORE
Q1 202624 Sep 2025 - Sales fell sharply year-over-year, but Q4 losses narrowed and first Diagnostics sale completed.QCORE
Q4 202518 Jun 2025 - Regulatory milestones achieved, but sales and profitability declined significantly year-over-year.QCORE
Q2 202513 Jun 2025 - Qlucore's Q1 loss widened as sales fell, but EU funding boosted cash flow and supported diagnostics R&D.QCORE
Q1 202513 Jun 2025 - Sales fell sharply and liquidity is critical despite Diagnostics BCP-ALL 1.0 launch.QCORE
Q3 20255 Jun 2025
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