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ViroGates (VIRO) investor relations material
ViroGates Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue grew 8% year-over-year in Q1 2026, reaching TDKK 1,303, with net loss improving by 6% to TDKK -2,611 compared to Q1 2025.
Longevity and preventive health segments became the largest revenue contributors, surpassing research for the first time.
Strategic collaborations advanced, including a De Novo FDA application with Sobi and product development with GENSPEED Biotech.
Cash and cash equivalents nearly doubled year-over-year to TDKK 22,280, supporting ongoing investments.
Financial highlights
Gross profit increased 83% year-over-year to TDKK 976, while operating loss rose 4% to TDKK -2,871.
Operating expenses increased 17% to TDKK -3,846, mainly due to higher R&D costs.
Equity ratio improved to 63% from 50% in Q1 2025.
Cash flows from operating activities were negative at TDKK -3,735, a significant increase in outflow compared to Q1 2025.
Outlook and guidance
Full-year 2026 guidance maintained: revenue of DKK 6–7 million and EBIT of DKK -10 to -12 million.
US longevity market launch preparations ongoing, with timing uncertainty reflected in guidance.
Longevity segment expected to drive future growth, though current contributions remain modest.
- Revenue up 8%, net loss down 28%, and regulatory progress positions for future growth.VIRO
Q4 202527 Mar 2026 - Revenue fell 11% as hospital sales lagged, but new segments and US FDA progress show promise.VIRO
Q2 20241 Feb 2026 - Revenue fell 29% as losses widened and focus shifted to longevity diagnostics and US expansion.VIRO
Q3 202415 Jan 2026 - Revenue fell 12% and net loss deepened as focus shifted to US longevity and health markets.VIRO
Q4 202426 Dec 2025 - Net loss narrowed 23% on flat revenue as focus shifted to longevity clinics and recurring customers grew.VIRO
Q1 202524 Nov 2025 - Q3 revenue jumped 49% year-over-year, narrowing net loss and accelerating longevity market focus.VIRO
Q3 202510 Nov 2025 - Revenue fell 18% in H1 2025, but improved margins and new market focus support future growth.VIRO
Q2 202521 Aug 2025
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