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STENOCARE (STENO) investor relations material
STENOCARE Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales reached 3,003 KDKK in Q1 2026, up 15% sequentially and 284% year-over-year, driven by Danish and German markets.
EBITDA was positive at 61 KDKK, marking the fourth consecutive quarter of positive EBITDA.
Integration of CannGros completed, with full operational cycle managed using existing staff and facilities.
Astrum 10-10 oil launched in Germany and regulatory dossier submitted for entry into the French market.
Financial highlights
Net sales: 3,003 KDKK in Q1 2026 vs. 782 KDKK in Q1 2025 (284% increase year-over-year).
EBITDA: 61 KDKK in Q1 2026 vs. -1,832 KDKK in Q1 2025.
Net result: -459 KDKK in Q1 2026 vs. -1,994 KDKK in Q1 2025.
Cash flow from operating activities: 86 KDKK in Q1 2026 vs. -3,094 KDKK in Q1 2025.
Cash position at end of Q1 2026: 654 KDKK.
Outlook and guidance
Continued sales growth and positive EBITDA support ambition to achieve break-even for the full year.
Efficiency improvements and automation expected in Q2 to further optimize CannGros operations.
- Record sales and positive EBITDA achieved in 2025, with market share boosted by CannGros acquisition.STENO
Q4 202526 Feb 2026 - TO2 Warrant share issue funds expansion, product launches, and break-even targets for 2024.STENO
Investor Update3 Feb 2026 - Sales and liquidity under pressure as trading focus and new launches aim to drive recovery.STENO
Q3 202412 Jan 2026 - Record sales and positive EBITDA mark a strong Q3 2025, with growth and cost discipline.STENO
Q3 202522 Oct 2025 - Achieved break-even and 131% sales growth in Q2 2025, with strong regulatory and market momentum.STENO
Q2 202521 Aug 2025 - Sales declined and guidance was lowered, but financial stability and product innovation advanced.STENO
Q2 202413 Jun 2025 - Stenocare pivots to trading, cuts costs, and launches ASTRUM 10-10 amid regulatory wins.STENO
Q1 20255 Jun 2025 - STENOCARE pivots to trading, cuts costs, and secures new markets after Danish legalisation.STENO
Q4 20245 Jun 2025
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