EXACT Therapeutics AS

EXACT Therapeutics AS

OOSL:EXTX
0.70
NOK
+0.20
(+40.56%)
237.87MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.16
-0.25
-0.49
-2.2
-1.95
-1.34
-1.51
-1.51
-1.37
- -
Free Cash Flow per Basic Share
- -
-0.41
-0.46
-1.99
-1.89
-1.14
-1.48
-2.37
-1.14
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.28
1.9
1.41
5.33
3.53
2.17
1.4
1.83
0.49
1.83
Tangible Book Value per Share
0.28
1.9
1.41
5.33
3.53
2.17
1.4
1.83
0.49
1.83
Basic Weighted Avg Shares
30
30
30
15
30
30
32
35
63
35
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
1
2
2
2
2
4
- -
Net Income, GAAP
-5
-8
-15
-33
-59
-40
-48
-52
-87
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
8
57
41
155
101
61
40
96
24
96
LT Debt
- -
- -
- -
- -
1
1
1
- -
- -
- -
Total Equity
8
57
42
160
106
65
45
116
31
116
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-23.2
-29.86
-32.78
-44.15
-46.95
-87.74
-65.17
-118.93
- -

Capital Structure

NOK

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
1
- -
1
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
32
63
Market Capitalization
385
237
238

Working Capital

NOK

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
56
27
133
Cash, Cash Equivalents & STI
46
15
98
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
15
13
38
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
1
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-4%
-73.42%
Free Cash Flow
- -
29.95%
-11.87%
Net Income, GAAP
- -
28.1%
66.19%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

NOK

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Earnings Per Share

NOK

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-1.51
2024
- -
- -
-1.51
2025
- -
- -
-1.37

Semi-annual Dividends Per Share

NOK

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Per Walday
Full Time Employees
11
Sector
Health technology
Industry
Biotechnology
Address
Oslo Norway
IPO Date
Jul 14, 2020
Business
EXACT Therapeutics AS is a clinical-stage biopharmaceutical and medical technology company headquartered in Oslo, Norway, specializing in ultrasound-mediated precision drug delivery platforms for targeted therapeutic applications across oncology, neurology, and gene therapy. Founded in 2012 as a spin-out from GE Healthcare, the company develops and commercializes advanced therapeutic enhancement technologies designed to increase local uptake and efficacy of pharmaceutical agents while reducing systemic toxicity. The company's proprietary product and technology portfolio comprises the Acoustic Cluster Therapy (ACT) platform; PS101, an injectable formulation consisting of microbubble and microdroplet clusters engineered for ultrasound-induced acoustic vaporization and biomechanical sonoporation; specialized ultrasound software and transducer hardware systems co-developed for targeted acoustic activation in clinical settings; oncology drug delivery pipeline candidates, including Phase 2 clinical programs for locally advanced pancreatic ductal adenocarcinoma evaluated in combination with standard-of-care mFOLFIRINOX chemotherapy under the ENACT clinical study; gastrointestinal cancer programs, including Phase 1 clinical applications (ACTIVATE study) targeting liver metastases originating from colorectal cancer; central nervous system drug delivery formulations designed to achieve localized, transient disruption of the blood-brain barrier for the treatment of glioblastoma and neurodegenerative diseases; and targeted gene therapy and immuno-oncology delivery formulations aimed at enhancing the intracellular delivery of macromolecular payloads, nucleic acids, and monoclonal antibodies. EXACT Therapeutics AS conducts operations primarily across Norway and the United Kingdom through clinical research infrastructure and strategic collaborations with academic institutions and healthcare networks, including The Institute of Cancer Research, The Royal Marsden NHS Foundation Trust, and Oslo University Hospital. In recent developments, EXACT Therapeutics AS has advanced significant strategic, clinical, and corporate milestones. The company expanded its long-term strategic co-development partnership with GE HealthCare (GE Medical Holding AB) to support ultrasound platform integration and completed a NOK 145 million financing round anchored by GE HealthCare and institutional investors to fund its interventional oncology trials. Clinically, the company initiated and advanced patient enrollment in its multi-center Phase 2 ENACT trial in pancreatic cancer, securing positive safety reviews from the independent Trial Monitoring Committee in early 2026. Structurally, the company initiated a strategic reorganization to transition its capital structure from public equities to private venture and strategic funding vehicles ahead of late-stage registrational trials, culminating in the planned delisting of its shares from the Euronext Growth Oslo exchange in October 2026.