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Bactiguard
Bactiguard (BACTI) investor relations material
Bactiguard Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary5 Feb, 2026
Executive summary
Q4 delivered strong results with EBITDA of SEK 25 million, driven by an updated Zimmer Biomet agreement and cost discipline; full-year EBITDA reached SEK 44 million despite lower total revenues due to currency effects and discontinued business.
Strategic transformation continued, focusing on licensed partnerships, wound management, and expansion into cardiology and neurology, with investments in regulatory and digital capabilities.
Partnerships with BD and Zimmer Biomet were strengthened, supporting growth and market penetration.
Focused on higher profitability products and enhanced R&D and regulatory expertise.
Financial highlights
Q4 total revenue was SEK 65.6 million; full-year revenue was SEK 228.8 million, with Q4 net sales up 10% net of currency effects.
Q4 EBITDA was SEK 24.7 million (up from 8.4 million YoY); full-year EBITDA was SEK 43.8 million (up from 18.0 million YoY).
Q4 net profit was SEK 12.5 million; full-year net loss was SEK 7.8 million, an improvement from SEK 29.8 million loss YoY.
Operating costs for the year decreased by over 25% to SEK 154 million, aided by a SEK 7 million reduction in provisions from the Zimmer agreement.
Cash at year-end was SEK 44 million; positive Q4 cash flow, but full-year cash flow was negative due to SEK 51 million voluntary loan repayment.
Outlook and guidance
Strategic targets for 2030 reiterated: at least SEK 600 million in revenue and SEK 200 million EBITDA, with more than 10 application areas in exclusivity or licensed partnership phases.
Expectation of double-digit growth in wound management, led by Hydrocyn, and positive contributions from sutures going forward.
Growth anticipated from BD as new markets (India, Europe) ramp up, with additional launches expected in 2026.
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Next Bactiguard earnings date
Q1 202623 Apr, 2026
Bactiguard
Next Bactiguard earnings date
Q1 202623 Apr, 2026
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Frequently asked questions
Bactiguard Holding AB, a medical device company, engages in the development and supply of infection prevention solutions in Sweden and internationally. The company offers PrimoVac, which is an antimicrobial wound dressing to fight infection following post-surgical procedures or other surgeries that disturb the body's natural barrier against infection. It operates through two segments: Healthcare and Other. Its Healthcare segment offers PrimoVac, as well as disinfectants for infusion systems used in healthcare facilities; burn health care products for treatment of burns, minor wounds for everyday use and products for infrequent use; plastic surgery materials; products used to aid wound healing; rinsing irrigation systems for surgical procedures; adhesives for orthopedic surgery; non-adherent dressings under the BactiDrain™ brand are used to collect fluid from wounds by vacuum action; surgical bags and drainage trolleys that are designed to keep drains organized during surgery; and hand hygiene products containing natural essential oils among others. Bactiguard Holding is based in Tullinge, Sweden.
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