BioArctic AB Class B

BioArctic AB Class B

298.90
SEK
-0.20
(-0.07%)
1.19EPS
275.12P/E
29.06BMarket Cap
Nov 25Next Earn
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.47
1.2
1.6
8.11
3.2
0.71
0.26
2.59
6.98
2.91
22.58
11.31
Basic EPS, GAAP
0.04
0.65
0.17
4.33
1
-0.78
-1.36
-0.13
2.6
-2
11.55
1.19
Free Cash Flow per Basic Share
-0.21
7.63
-1.58
-2.32
3.68
-1.19
-1.64
-0.5
3.43
-3.88
16.05
2.75
Dividend per Share
- -
1.19
- -
- -
1.5
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.23
0.69
7.22
11.56
11.07
10.3
8.96
8.92
11.85
10.13
22.19
22.72
Tangible Book Value per Share
1.23
0.69
7.22
11.56
11.07
10.3
8.96
8.92
11.85
10.13
22.19
22.72
Basic Weighted Avg Shares
88
88
88
88
88
88
88
88
88
88
89
89
Sales/Revenue/Turnover
42
106
141
714
282
62
23
228
616
257
1,999
1,002
Operating Margin (%)
10.34
57.38
16.59
68.05
39.43
-132.03
-604.22
-3.48
41.71
-89.22
68.44
20.83
Depreciation Expense
2
2
2
2
9
11
13
14
7
11
13
- -
Net Income, GAAP
4
58
15
382
88
-69
-120
-11
229
-177
1,022
106
Effective Tax Rate (%)
22.56
22.33
23.03
22.06
21.69
- -
- -
- -
17.08
- -
18.58
57.56
Profit Margin (%)
8.92
54.52
10.77
53.45
31.4
-109.9
-517.54
-4.9
37.22
-68.81
51.14
10.53
Working Capital
96
56
632
1,039
995
900
761
750
1,028
835
1,966
2,006
LT Debt
- -
- -
- -
- -
21
14
8
1
2
41
28
73
Total Equity
108
61
636
1,018
974
907
789
786
1,047
895
1,967
2,016
Return on Invested Capital (%)
- -
65.47
4.2
44.03
8.38
- -
- -
- -
22.27
- -
65.48
4.23
Return on Capital (%)
- -
68.13
4.49
46.28
8.85
- -
- -
- -
24.84
- -
69.18
5.22
Return on Common Equity (%)
- -
68.13
4.35
46.15
8.88
-7.28
-14.13
-1.42
25.02
-18.24
71.44
5.21

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
16
16
17
LT Borrowings
- -
- -
- -
LT Finance Leases
28
25
73
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
89
89
89
Market Capitalization
27,727
28,683
29,057

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,487
2,597
2,677
Cash, Cash Equivalents & STI
2,190
2,035
1,990
Accounts Receivable, Net
122
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
521
397
671
Payables & Accruals
- -
- -
- -
ST Debt
16
16
17
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
107.7%
25.01%
119.8%
Free Cash Flow
-569.39%
-307.98%
-514.27%
Net Income, GAAP
52.06%
-604.22%
-677.33%
Sales/Revenue/Turnover
206.81%
322.37%
676.8%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
30
50
77
101
257
2025
1,290
392
133
184
1,999
2026
438
248
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.65
-0.77
-0.22
-0.36
-2
2025
11.55
1.09
-0.98
-0.1
11.55
2026
2.4
-0.13
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Gunilla Christina Osswald
Full Time Employees
131
Sector
Health technology
Industry
Pharmaceuticals: major
Address
Warfvinges vag 35 Stockholm AB Sweden 112 51
IPO Date
Oct 12, 2017
Business
BioArctic AB (publ) is a research-focused biopharmaceutical firm dedicated to the advancement of biological treatments for individuals afflicted with central nervous system disorders in Sweden and globally. The company's innovative pipeline emphasizes developing disease-modifying therapies for significant unmet medical needs in neurodegenerative conditions, notably Alzheimer's and Parkinson's disease. A cornerstone of its portfolio is Lecanemab (Leqembi®), a humanized monoclonal antibody designed to target and eliminate soluble amyloid-beta protofibrils, now approved for early Alzheimer's disease. This groundbreaking therapy was developed in collaboration with Eisai, who holds global development and commercialization responsibilities, with BioArctic retaining rights for co-commercialization within the Nordic region and receiving tiered royalties and milestone payments from global sales. Further advancing Alzheimer's research, a Lecanemab back-up program is currently in preclinical stages. In its pursuit of Parkinson's disease treatments, BioArctic initially developed ABBV-0805, a monoclonal antibody targeting alpha-synuclein aggregates. While AbbVie had partnered on this program and initiated Phase 1 trials, the collaboration was ultimately terminated in 2022, and BioArctic is now evaluating further development options for the asset. The company also had a program for spinal cord injuries, SC0806, involving a biodegradable device. However, clinical development for this candidate was terminated in 2019 following an interim analysis of Phase 1/2 data that indicated a lack of efficacy. BioArctic’s pipeline extends to other projects, including a PyroGlutamate-amyloid-beta (PyroGlu-Aβ) antibody program for Alzheimer's disease, featuring candidates BAN1503 and BrainTransporter-enabled BAN2803, which are partnered with Bristol Myers Squibb in a significant global licensing agreement. The firm additionally conducts research into novel antibodies for other neurodegenerative disorders such as ALS and enzyme deficiency diseases, alongside developing crucial imaging and biochemical biomarkers for Alzheimer's and Parkinson's. A key proprietary innovation is the BrainTransporter™ platform, a technology that significantly enhances the delivery of therapeutic antibodies and other biologics across the blood-brain barrier by leveraging the transferrin receptor, showing up to a 70-fold increase in brain penetration in preclinical models. This platform is central to several internal projects and has attracted new collaborations, including an option, collaboration, and license agreement with Novartis in August 2025 for an undisclosed neurodegeneration target, and a research evaluation agreement with Eisai in April 2024 for BAN2802. BioArctic is also exploring new technologies through an evaluation agreement with Beactica Therapeutics for its Eclipsor™ platform in CNS disorders. Established in 2000 and headquartered in Stockholm, Sweden, BioArctic AB (publ) continues its mission to address profound medical needs through scientific innovation. The company’s revenue model is largely driven by strategic partnerships, including upfront payments, milestone achievements, and royalties from global product sales.

Company News

  • Number of shares and votes in BioArctic AB (publ) as of August 31, 2026

  • BioArctic AB (publ) (BRCTF) Q2 2026 Earnings Call Transcript

  • BioArctic and Mesenkia enter oncology research collaboration

  • Invitation to presentation of BioArctic's second quarter report for April - June 2026 on August 26 at 9:30 a.m. CEST

  • More than 75% of Leqembi®-treated patients remained stable and nearly 7% improved over an average of 17 months of treatment in real-world LEADER study data presented at AAIC® 2026

  • BioArctic and Lilly sign research and collaboration agreement combining Lilly compound with BioArctic's BrainTransporter™ technology

  • Number of shares and votes in BioArctic AB (publ) as of May 29, 2026

  • Bulletin from the Annual General Meeting in BioArctic AB (publ)

  • BioArctic AB (publ) (BRCTF) Q1 2026 Earnings Call Transcript

  • BioArctic Interim Report for the period January - March 2026

  • Invitation to presentation of BioArctic's first quarter report for January - March 2026 on May 20 at 9:30 a.m. CET

  • Number of shares and votes in BioArctic AB (publ) as of February 27, 2026

  • BioArctic AB (publ) (BRCTF) Q4 2025 Earnings Call Transcript

  • BioArctic Interim Report for the period October - December 2025

  • Invitation to presentation of BioArctic's fourth quarter report for October - December 2025 on February 18 at 9.30 a.m. CET

  • Leqembi included in China's commercial insurance innovative drug list

  • New data on lecanemab to be presented at CTAD conference

  • Leqembi® approved for IV maintenance treatment in the United Kingdom

  • BioArctic AB (publ) (BRCTF) Q3 2025 Earnings Call Transcript

  • Interim Report for the period July - September 2025: BioArctic