Devyser Diagnostics

“I took over as the new CEO of Devyser on August 4th and it has been an exciting and eventful time. We are continuing to launch unique products and sign cooperation agreements with major companies in the industry, creating a positive outlook for the future. There is still general uncertainty in the market, however, and until we have clear information about regulatory changes or changes in export conditions in the US, we will remain fully focused on what we are able to influence, which is profitable growth.”

Jan Wahlström, CEO, Devyser

The quarter from July to September 2025

• Net sales amounted to SEK 56.4 million (48.7), corresponding to a 15.7 percent increase. Adjusted for exchange rate fluctuations, net sales increased by 19.2 percent.
• Gross profit totaled SEK 42.3 million (35.2), corresponding to a gross margin of 75.0 percent (72.3).
• Operating profit (EBIT) amounted to SEK 1.3 million (-21.8).
• Profit after tax totaled SEK -2.8 million (-23.2).
• Earnings per share before and after dilution amounted to SEK -0.17 (-1.41).
• Cash flow from operating activities stood at SEK -0.5 million (-10.8).

The period from January to September 2025

• Net sales amounted to SEK 178.5 million (152.7), corresponding to a 16.9 percent increase. Adjusted for exchange rate fluctuations, net sales increased by 20.4 percent.
• Gross profit totaled SEK 144.7 million (118.5), corresponding to a gross margin of 81.1 percent (77.6).
• Operating profit (EBIT) amounted to SEK -8.0 million (-58.6).
• Profit after tax totaled SEK -22.0 million (-58.3).
• Earnings per share before and after dilution amounted to SEK -1.33 (-3.56).
• Cash flow from operating activities stood at SEK -3.5 million (-44.8).

Important events during the quarter

Jan Wahlström took up his post as the new CEO of Devyser
Devyser’s new CEO, Jan Wahlström, assumed office at the start of August. Jan Wahlström has extensive experience in the management and development of companies in the Health Care and Life Sciences field.

Extraordinary General Meeting
In September, an Extraordinary General Meeting was held at which a decision was made to introduce a new employee stock option plan. See Note 2.

The share and new share issues
Four new share issues were carried out during the quarter in connection with the exercising of employee stock options. The issues raised SEK 5.8 million for the company.

Important events after the end of the quarter

Devyser CFTR achieved IVDR compliance
Devyser's NGS test for CFTR received IVDR approval in November, which ensures that clinical laboratories using Devyser CFTR tests can operate with enhanced regulatory certainty, trusted conformity, and alignment with the latest European standards.

Presentation

The report will be presented at an audiocast at 09:00 CET today. Dial-in number to the teleconference and a conference ID will be received by registering on the link below:
https://events.inderes.com/devyser-diagnostics/q3-report-2025/dial-in
 
The presentation will also be webcast and can be accessed from the following web address: 
https://devyser-diagnostics.events.inderes.com/q3-report-2025

This report and previous financial reports are available on the company’s webpage https://investors.devyser.com/en/reports-presentations.