Sedana Medical AB (OSTO:SEDANA)
kr 9.8 -0.10 (-1.01%) Market Cap: 973.50 Mil Enterprise Value: 929.03 Mil PE Ratio: 0 PB Ratio: 1.09 GF Score: 69/100

Q2 2026 Sedana Medical AB (publ) Earnings Call Transcript

Jul 17, 2026 / 11:30 AM GMT
Release Date Price: kr8.64 (-3.79%)

Key Points

Positve
  • Sedana Medical AB (OSTO:SEDANA) achieved a significant milestone by submitting their New Drug Application (NDA) to the FDA in June, moving closer to entering the US market.
  • The company improved its profitability despite flat sales, with ex-US EBITDA reaching 2% in the quarter, up from zero a year ago.
  • Gross margins improved to 73% in the quarter, up from 70% last year, aided by lower costs of goods following the acquisition of their main supplier in Malaysia.
  • Sedana Medical AB (OSTO:SEDANA) secured a new loan facility with a local bank, providing access to 50 million SEC in additional funds, enhancing financial flexibility.
  • The company's other direct markets, including Spain, France, and the UK, showed strong growth, with a 41% increase at constant exchange rates, indicating successful market penetration and execution.
Negative
  • Sales in Germany, one of Sedana Medical AB (OSTO:SEDANA)'s key markets, declined by 22% at constant exchange rates due to lower ICU occupancy rates.
  • The company's overall net sales were flat compared to last year, with a slight decline of 1% year-over-year when excluding currency effects.
  • Cash and cash equivalents decreased significantly, from 81 million SEC at the beginning of the quarter to 52 million SEC, primarily due to investments related to the US program.
  • The company faces challenges in the German market, with a need to deepen penetration within existing accounts rather than opening new ones.
  • There is uncertainty regarding the FDA review process, which could lead to unforeseen costs and impact cash flow, despite preparations and mock audits conducted by the company.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SEDANA.ST - Sedana Medical AB (publ)
Q2 2026 Sedana Medical AB (publ) Earnings Call
Jul 17, 2026 / 11:30AM GMT

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Presentation
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Unidentified_1 [1]
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Hello and welcome to today's FinWire presentation with Sedana Medical. After the presentation, there will be a question-and-answer session. So if you have any questions, you can submit them in English using the form on the right. With that said, I'll hand the floor to you. Please go ahead.

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Unidentified_2 [2]
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Thank you for the introduction. Warm welcome to our Q2 reports 2026. I'm here with our new CFO, Mikael Haag, who will introduce himself and speak about our financials in just a few minutes.

Peter Saki, our Chief Medical Officer
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