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Scandinavian Real Heart (HEART) investor relations material
Scandinavian Real Heart Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary28 Aug, 2025
Executive summary
Showcased in a major European documentary and featured in a peer-reviewed journal, highlighting technological advances and adaptability of the artificial heart system.
Secured new patents in the US and Japan, strengthening intellectual property protection in key markets.
Elected a new chairman and added board members to enhance strategic leadership.
Received significant capital infusions from share issues and grants, supporting ongoing R&D.
Financial highlights
Operating income for Q2 2025 was SEK 20,592, down from SEK 30,322 in Q2 2024.
Net loss after financial items for Q2 2025 was SEK -8.7 million, compared to SEK -6.3 million in Q2 2024.
Cash and cash equivalents at period end were SEK 27.9 million.
No product sales; all income is from other operating sources.
Outlook and guidance
Focus remains on completing preclinical studies and preparing for clinical trials.
Shifted from quarterly to semi-annual reporting to increase operational efficiency.
Ongoing efforts to secure additional funding for long-term operations.
When do you expect first-in-human trials?
What is the long-term funding strategy?
Quantify resource reallocation from reporting change.
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Next Scandinavian Real Heart earnings date
Q3 202513 Nov, 2025
Next Scandinavian Real Heart earnings date
Q3 202513 Nov, 2025
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Frequently asked questions
Scandinavian Real Heart AB is a medical technology company based in Sweden that specializes in the development of artificial heart devices. The company's primary product is a heart pump designed to mimic the body's natural circulatory system, serving as a temporary solution for patients awaiting heart transplants. The artificial heart, known as the Realheart TAH, aims to replicate the human heart's function by providing a pulsatile blood flow, which is crucial for maintaining organ health during the transplant waiting period. The company is headquartered in Västerås, Sweden, and its shares are listed on the Nasdaq Stockholm.
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