SyntheticMR
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SyntheticMR (SYNT) investor relations material

SyntheticMR Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary25 Aug, 2026

Executive summary

  • Net sales for Q2 2026 increased by 13% year-over-year to 14.0 MSEK, with strong growth in cNeuro and APAC regions.

  • Operating profit improved to -6.5 MSEK from -8.6 MSEK, and net loss narrowed to -6.1 MSEK from -10.4 MSEK year-over-year.

  • Cash and cash equivalents rose to 28.3 MSEK at quarter-end, up from 19.4 MSEK last year.

  • Regulatory approval for CMRI ARIA was obtained in the UK and Switzerland during the quarter.

  • Leadership changes in the US organization and recruitment of a global CCO to strengthen sales and marketing.

Financial highlights

  • Q2 net sales: 13,991 TSEK (up 13% year-over-year); H1 net sales: 27,084 TSEK (up 2%).

  • Q2 operating profit: -6,457 TSEK (margin -46%); H1 operating profit: -12,726 TSEK (margin -47%).

  • Q2 net profit: -6,089 TSEK; H1 net profit: -12,275 TSEK.

  • Cash flow from operating activities in Q2: -2,570 TSEK; H1: -6,202 TSEK.

  • Shareholders’ equity at period end: 125,707 TSEK; equity/assets ratio: 78.2%.

Outlook and guidance

  • Focus on achieving profitability through increased sales and disciplined cost control.

  • Capital from the rights issue is being used to strengthen sales, market presence, and strategic partnerships.

  • Ongoing FDA review for cMRI ARIA in the US; awaiting further feedback.

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Frequently asked questions

SyntheticMR's innovative software products for MRI shorten exam times and enable more information to be extracted from the images. These benefits create a better patient experience, reducing the time spent in the noisy, claustrophobic bore of the scanner. The company's customers across the globe are realizing cost savings in both their daily clinical workflow, as well as their yearly budgets. SyntheticMR's products manage a wide variety of exams such as Cardiac MRI, Breast MRI and Body MRI, with applications in Cardiology, Neurosurgery and Oncology.