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SenzaGen (SENZA) investor relations material
SenzaGen Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary20 Aug, 2025
Executive summary
Order intake exceeded sales, positioning for future growth, with strong momentum in MedTech and cosmetics sectors.
Expanded OECD approval for GARD®skin and new test platforms, including EpiSensA and organoid models, are expected to drive demand.
High internal efficiency and cost control improved cash flow despite global uncertainty and lower sales per customer.
Yield-free testing and new test platforms are highlighted as growth drivers.
Notable customer activity in MedTech and cosmetics, with key clients like L'Oreal and Clarins.
Financial highlights
Q2 2025 net sales: SEK 13.5 million, down 6% year-over-year; H1 2025 net sales: SEK 27.2 million, down 6%.
Direct sales accounted for 43% of revenue, with a 63% target mentioned.
Q2 2025 EBITDA: SEK -3.4 million (vs. -2.5 million in Q2 2024); H1 2025 EBITDA: SEK -4.8 million (vs. -2.4 million in H1 2024).
Gross margin for H1 2025 stable at 70% (vs. 72% in H1 2024).
Cash and cash equivalents at June 30: SEK 34.4 million (vs. SEK 42.9 million a year earlier).
Outlook and guidance
Entering H2 2025 with a stronger order book and controlled costs.
Expanded regulatory approval for GARD®skin and new test methods expected to drive growth and improved margins.
Positive signals from regulatory bodies and key opinion leaders suggest continued growth.
Expansion in MedTech testing and new product launches expected to drive future performance.
Anticipated increased demand from regulatory changes and industry trends toward non-animal testing.
MedTech program support for Guard Skin
What positive FDA signals were received?
Sales pipeline outlook for Framptet VitroScreen
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Next SenzaGen earnings date
Q3 20255 Nov, 2025
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Frequently asked questions
SenzaGen is a Sweden-based biotechnology company specializing in non-animal test methods for assessing chemical safety. The company develops and markets in vitro assays for detecting skin sensitization and other toxicological endpoints. Its technology is used in industries including cosmetics, chemicals, and pharmaceuticals. SenzaGen is headquartered in Lund, Sweden, and its shares are listed on the NASDAQ First North Growth Market.
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