Attana (ATANA) Q2 2025 earnings summary

Executive summary

• Transition in leadership with new CEO and CFO appointments to drive strategic and commercial focus.

• Launched a new marketing strategy emphasizing digital presence and targeted communication.

• Successfully completed a fully subscribed TO2 share issue, raising SEK 7.5M in guaranteed commitments and SEK 1M from management and board.

• Orders received for automation modules to upgrade existing analysis platforms, with delivery scheduled for H2 2025.

• Published breakthrough research in PNAS, enhancing scientific credibility and visibility.

Financial highlights

• Net sales for H1 2025 amounted to SEK 1.9M, down from SEK 2.9M year-over-year.

• Operating result for H1 2025 was SEK -3.93M, a slight improvement from SEK -3.9M in H1 2024.

• Result after tax improved to SEK -4.08M from SEK -5.1M year-over-year.

• Earnings per share for H1 2025 were SEK -0.0026, compared to SEK -0.0084 in H1 2024.

• Cash and cash equivalents at period end were SEK 2.66M, up from SEK 2.59M year-over-year.

Outlook and guidance

• Focus remains on increasing sales, expanding customer relationships, and leveraging new marketing strategies.

• New Key Account Manager recruited to drive commercial growth, with expected impact from 2026.

• Plans to launch CRO operations in autumn 2025, contingent on suitable conditions and partners.