Moberg Pharma AB (publ)

Moberg Pharma AB (publ)

MOB.ST
Moberg Pharma AB (publ)SE flagStockholm Stock Exchange
9.49
SEK
+0.15
- -
446.04MMarket Cap
Moberg Pharma AB (publ)
MOB.ST
(Stockholm Stock Exchange)

Recent

price

9.49

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2020
2021
2022
2023
2024
2025
TTM
FRC
3.38
7.93
40.92
68.84
79.53
89.59
114.7
132.03
143.43
1.49
- -
- -
0.02
- -
0.26
0.29
0.31
Revenue per Share
-50.66
-28.92
-4.67
21.92
-5.74
5.49
10.26
12.9
3.65
6.48
- -
1.16
-1.38
-1.33
-6.74
-0.58
-0.55
Basic EPS, GAAP
-52.84
-28.34
-6.99
5.41
-17
3.98
-5.29
-275.91
11.15
-3.18
- -
-7.22
-7.46
-9.91
-2.38
-1.3
-0.49
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-174.42
-106.39
-87.97
-51.58
-48.27
-37.17
-23.09
-9.67
-4.36
2.12
- -
-46.06
-27.03
-19.57
-14.45
-12.25
-12.28
Book Value per Share
62.55
0.39
55.98
13.63
9.94
39.11
36.81
-173.28
-139.65
-143.68
- -
16.58
11.03
4.95
10.07
6.75
6.65
Tangible Book Value per Share
- -
1
1
2
2
2
2
3
3
3
- -
6
11
16
38
47
47
Basic Weighted Avg Shares
2
9
56
112
157
200
286
334
439
5
- -
- -
- -
- -
10
14
15
Sales/Revenue/Turnover
-1,501.91
-353.83
-13.58
10.21
-9.08
5.98
10.39
4.54
8.49
-785.22
- -
- -
-9,911.59
- -
-3,311.46
-206.8
-171.63
Operating Margin (%)
- -
- -
- -
1
6
8
11
16
38
37
3
3
3
2
301
2
2
Depreciation Expense
-24
-31
-6
36
-11
12
26
33
11
20
-20
7
-16
-21
-255
-27
-26
Net Income, GAAP
- -
- -
- -
- -
- -
25.99
26.12
29.81
4.41
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-1,499.35
-364.56
-11.41
31.84
-7.22
6.13
8.94
9.77
2.54
435.71
- -
- -
-7,589.37
- -
-2,600.25
-201.18
-176.32
Profit Margin (%)
30
- -
76
41
8
65
74
146
160
156
- -
89
101
49
283
222
217
Working Capital
- -
- -
- -
28
17
3
- -
589
592
594
- -
1
4
3
3
1
- -
LT Debt
30
1
77
178
201
304
353
562
552
594
- -
434
534
611
687
665
665
Total Equity
- -
- -
- -
- -
- -
3.21
6.47
1.41
3.1
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
-20.08
-42.93
18.25
8.06
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-610.98
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
47
47
Market Capitalization
413
481
483

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
249
238
235
Cash, Cash Equivalents & STI
236
230
222
Accounts Receivable, Net
8
2
7
Inventories
5
4
6
Total Current Liabilities
15
16
18
Payables & Accruals
- -
- -
- -
ST Debt
2
2
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
3.96%
-3.14%
Free Cash Flow
534.14%
13.12%
-32.6%
Net Income, GAAP
55.49%
121.4%
-89.32%
Sales/Revenue/Turnover
- -
- -
37.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
4
4
1
10
2025
4
4
4
2
14
2026
5
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.23
-0.13
-0.03
-5.21
-6.74
2025
-0.06
-0.16
-0.09
-0.27
-0.58
2026
-0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Moberg Pharma AB (publ) (MOB.ST) develops, manufactures, and commercializes proprietary topical pharmaceutical products focused on dermatological treatments, primarily for onychomycosis (nail fungus). The company's core product is MOB-015, a terbinafine-based cutaneous solution approved in 13 European countries and marketed as Terclara, an over-the-counter medicine that has achieved market leadership in Sweden with a 47% value share and in Norway with a 37% value share as of the third quarter of 2025; MOB-015 leverages patented formulation technology to deliver high concentrations of the antifungal agent through the nail, demonstrating 76% fungal cure rates in Phase 3 trials involving over 800 patients. Moberg Pharma operates in the specialty pharmaceuticals segment, targeting patients with mild to moderate nail fungus in consumer healthcare channels such as pharmacies, with geographic focus on Europe (including launches in Sweden since spring 2024 and Norway since February 2025), Canada, Israel, and plans for further expansion. Founded in 2006 and headquartered in Bromma, Sweden, the company was formerly known as Moberg Derma AB (publ) until its name change in May 2013. In November 2025, Moberg Pharma entered an exclusive license agreement with Karo Healthcare for MOB-015/Terclara in 19 European markets, including all major EU countries and the UK, under the Lamisil brand; Karo Healthcare assumes responsibility for marketing, distribution, and sales, while Moberg Pharma supplies product and receives royalties, marking a strategic shift toward scalable European growth without building local sales organizations. Earlier in 2025, the company raised SEK 336 million through a targeted rights issue (TO 2) and directed share issue to strengthen its balance sheet ahead of commercialization; additional partnerships include Cipher Pharmaceuticals for Canada, Allderma for Scandinavia, and Padagis for Israel. These developments support Moberg Pharma's goal to establish MOB-015 as the global market leader in nail fungus treatment, with patent protection through 2032 in key markets including the US, EU, Japan, Canada, and China.