Enzymatica AB's Third Quarter Report for 2025
Enzymatica AB has recently published its quarterly report for the third quarter of 2025, showcasing promising advancements in their operations, particularly in Sweden. The company reported net sales to the tune of SEK 15.0 million, a notable increase from SEK 12.6 million in the previous year. However, the operating result had some challenges, amounting to SEK -8.2 million, which indicates a slight decline from SEK -6.4 million in the same period last year.
Sales and Financial Performance
The financial performance over the entire period of January to September also reflected positive growth in net sales, which reached SEK 35.6 million, increasing from SEK 28.4 million. Despite these gains, the company's annual operating results showed a subtraction of SEK -41.1 million compared to -38.3 million the prior year. These numbers point to a challenging operational environment that Enzymatica is navigating.
Despite a loss per share adjusting to SEK -0.03, down from -0.04 last year, this situation reflects a commitment to sustaining growth while adjusting to market demands and operational realities. An in-depth look at cash flow from operating activities reveals a total of SEK -12.2 million for the quarter and SEK -41.4 million for the entire period, indicating ongoing challenges in this area that Enzymatica plans to address further.
Strategic Developments
CEO Claus Egstrand commented on the current phase, stating that the company is witnessing significant sales growth within Sweden. However, discussions around partnerships have been prolonged as management works to finalize suitable commercial terms. This indicates a willingness to ensure that any collaborations align well with the overall strategic vision of Enzymatica.
A prominent highlight of the quarter was on August 12, when it was announced that Sana Alajmovic will take over as the new CEO, succeeding Claus Egstrand, who will transition to a role on the company's Board of Directors. This leadership change is expected to facilitate continuity while aligning new strategic goals.
An Extraordinary General Meeting held on August 22 led to Egstrand being elected as a board member while introducing a long-term incentive program for management and key personnel—indicating a clear commitment to fostering a motivated workplace culture and innovative leadership.
Partnerships and Product Launches
Alongside internal changes, Enzymatica has also taken steps to secure partnerships to increase their market presence. On October 1, the company partnered with the Swedish Biathlon Federation to become their official supplier. This collaboration aims to mitigate the impact of cold-related upper respiratory diseases on elite biathletes as they prepare for the Milan 2026 Winter Olympics.
In line with their product development efforts, Enzymatica launched a new ColdZyme Eucalyptus product. With demonstrated efficacy in combating respiratory infections, this product joins existing variants to provide consumers with more choices. This evolution reflects the company’s commitment to innovation and responsiveness to customer needs.
On October 21, another important partnership was announced with GB Snowsport, representing British snow sports. This alliance aims to assist elite athletes in their training and competition readiness, especially by reducing those pesky virus-induced respiratory infections.
Conclusion
As Enzymatica AB moves forward, its focus on securing robust partnerships, launching innovative products, and managing executive transitions underscore its resilience and adaptability in the highly competitive biotechnology sector. The continued growth in Sweden marks a solid foundation for further international expansion. Moving into the final stages of 2025, Enzymatica appears poised for potentially exciting developments, ensuring stakeholders remain optimistic about the future trajectory of the company.
For comprehensive insights, interested parties can view the full financial report
here.