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Ortoma
Ortoma (ORT) investor relations material
Ortoma Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary5 Nov, 2025
Executive summary
Revenue for Q3 2025 was SEK 2.4 million, down from SEK 9.9 million in Q3 2024, due to absence of milestone payments; YTD revenue rose to SEK 59.9 million from SEK 31.9 million year-over-year.
Q3 2025 net result after financial items was SEK -14.6 million (Q3 2024: SEK -0.9 million); YTD net result improved to SEK 3.0 million (YTD 2024: SEK -1.1 million).
EBITDA for Q3 2025 was SEK -11.3 million (Q3 2024: SEK 1.9 million); YTD EBITDA increased to SEK 12.7 million (YTD 2024: SEK 7.4 million).
Solid equity ratio of 91.6% at period end.
Regulatory registration for OTS Hip Plan obtained in Australia; new orders from Japan totaling SEK 10.2 million to be delivered in Q4 2025 and H1 2026.
Financial highlights
Q3 2025 revenue: SEK 2,425,190 (Q3 2024: SEK 9,910,267); YTD 2025: SEK 59,934,632 (YTD 2024: SEK 31,861,141).
Q3 2025 net result after financial items: SEK -14,562,813 (Q3 2024: SEK -931,539); YTD 2025: SEK 2,991,390 (YTD 2024: SEK -1,113,080).
Q3 2025 EBITDA: SEK -11,333,441 (Q3 2024: SEK 1,873,461); YTD 2025: SEK 12,712,615 (YTD 2024: SEK 7,418,433).
Cash flow for Q3 2025: SEK -11,572,350 (Q3 2024: SEK 11,768,666); cash position at period end: SEK 38,266,321 (Q3 2024: SEK 33,230,874).
Equity per share at period end: SEK 4.45 (Q3 2024: SEK 4.65).
Outlook and guidance
Revenue expected to fluctuate between quarters until full launch of OTS Hip.
Long-term goal to build recurring revenue streams as product launches progress and user base grows.
Launch in main markets (USA, EU) expected in 2026, pending partner decisions.
Future revenue strategy post-milestone payments
What are the specific partner-driven launch criteria for USA/EU?
Quality issue resolution impact on 2026 launches?
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Next Ortoma earnings date
Q4 202526 Feb, 2026
Ortoma
Next Ortoma earnings date
Q4 202526 Feb, 2026
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Frequently asked questions
Ortoma AB is a Sweden-based company specializing in medical technology, particularly in the development of systems for the planning and positioning of joint implants. The company's products focus on enhancing orthopedic and joint implant surgeries through advanced pre-operative planning, intra-operative navigation, and post-operative follow-up solutions. Their portfolio includes the Ortoma Treatment Solution, which integrates planning and measurement tools with surgical navigation technology to improve precision and outcomes in hip, knee, and back surgeries. The company is headquartered in Gothenburg, Sweden, and its shares are listed on the Nasdaq Stockholm.
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