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SenzaGen (SENZA) investor relations material
SenzaGen Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 10% year-over-year sales growth in Q1 2026, with revenue reaching SEK 15.0 million despite negative foreign exchange effects and subsidiary transition impacts.
GARD® business drove growth, up 16% year-over-year, with strong performance in the US and chemicals industry.
Cost base maintained, gross margin at 69%, in line with historical levels.
Secured a SEK 17.5 million directed share issue, strengthening financial position.
Gained 14 new customers, including a top five global fragrance and cosmetics group.
Financial highlights
Revenue: SEK 15.0 million, up 10% year-over-year (14% at constant exchange rates).
GARD® revenue: SEK 11.0 million, up 16% year-over-year (21% at constant exchange rates).
Gross profit: SEK 10.3 million; gross margin: 69% (down from 75% last year).
EBITDA: SEK -1.7 million; EBIT: SEK -2.1 million, impacted by SEK 0.3 million negative FX effects.
Earnings per share: SEK -0.06 (improved from SEK -0.09 last year).
Cash and cash equivalents: SEK 38.1 million at quarter-end.
Outlook and guidance
Continued focus on expanding direct sales to large multinationals and scaling operations through innovation.
Cost-saving measures at VitroScreen expected to impact results from Q2 2026.
Market shift toward non-animal testing methods seen as structural and long-term.
- Record GARD® sales, strong order book, and new investment set the stage for 2026 growth.SENZA
Q4 20252 Mar 2026 - Three-phase plan drives in vitro testing growth, U.S. expansion, and SEK 100M revenue target.SENZA
CMD 20253 Feb 2026 - Sales fell 5% but robust margins and regulatory wins set up strong H2 2025 growth.SENZA
Q1 202527 Dec 2025 - Rapid growth, regulatory wins, and a unique AI-driven platform drive expansion in non-animal testing.SENZA
Life Science Summit 202525 Nov 2025 - GARD-skin's OECD TG 497 inclusion boosts regulatory reach and predictive power for complex tests.SENZA
Status Update13 Nov 2025 - 18% revenue growth and break-even EBITDA in Q3, driven by strong US sales and segment gains.SENZA
Q3 20255 Nov 2025 - Strong order intake and expanded regulatory approval drive growth prospects.SENZA
Q2 202525 Aug 2025 - 31% sales growth and improved EBITDA highlight strong demand and financial progress.SENZA
Q3 202413 Jun 2025 - 30% sales growth, improved margins, and new funding position SenzaGen for accelerated expansion.SENZA
Q2 202413 Jun 2025
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