2cureX AB

2cureX AB

SSTO:2CUREX
0.42
SEK
-0.06
(-12.13%)
8.63MMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
- -
0.01
- -
- -
- -
- -
0.01
- -
- -
- -
Basic EPS, GAAP
-0.06
-0.21
-0.35
-0.7
-0.68
-0.54
-1.15
-1.69
-2.18
-0.18
- -
Free Cash Flow per Basic Share
-0.26
0.11
-0.49
- -
-0.68
-0.89
-1.12
-1.62
-0.11
-0.18
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.75
0.6
1.85
1.24
2.26
3.96
4.25
2.44
0.37
0.19
0.16
Tangible Book Value per Share
0.75
0.6
1.85
1.24
2.26
3.96
4.25
2.44
0.37
0.19
0.16
Basic Weighted Avg Shares
8
8
9
10
12
14
16
18
18
25
18
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
-8,453.19
- -
- -
- -
- -
-35,703.33
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
-2
-3
-7
-8
-7
-19
-30
-38
-5
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
-6,672.34
- -
- -
- -
- -
-33,077.78
- -
- -
- -
Working Capital
7
6
20
12
27
58
74
42
2
5
2
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
8
7
20
14
28
59
74
43
7
5
3
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-23.65
-23.36
-42.91
-38.05
-16.84
-28.43
-50.73
-154.83
-81.15
- -

Capital Structure

SEK

•

in mil. unless spec.
Sep'23
Dec'23
Jun'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
57
35
9

Working Capital

SEK

•

in mil. unless spec.
Sep'23
Dec'23
Jun'24
Total Current Assets
21
2
6
Cash, Cash Equivalents & STI
18
1
3
Accounts Receivable, Net
3
- -
3
Inventories
- -
- -
- -
Total Current Liabilities
4
1
4
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-3.88%
-28.45%
Free Cash Flow
- -
40.35%
135.06%
Net Income, GAAP
- -
29.79%
-88.14%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

SEK

•

in mil. unless spec.

Year

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

Semi-annual Earnings Per Share

SEK

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-2.18
2024
- -
- -
-0.18
2025
- -
- -
- -

Semi-annual Dividends Per Share

SEK

•

in mil. unless spec.

Year

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

Company Description

CEO
Ole Thastrup
Full Time Employees
14
Sector
Health technology
Industry
Medical specialties
Address
Lilla Strandgatan 19, 261 29 Copenhagen Denmark 261 29
IPO Date
Nov 24, 2017
Website
2curex.com
Business
2cureX AB (publ) (2CUREX.ST) operates as a Sweden-domiciled medtech and biotechnology company focused on precision oncology diagnostics; it develops and commercializes IndiTreat, an in-vitro diagnostic (IVD) test utilizing proprietary tumoroid technology to create three-dimensional microtumors from patient samples, enabling oncologists to predict tumor response and resistance to chemotherapies and experimental treatments for personalized cancer therapy selection. Core products include IndiTreat-CRC for colorectal cancer, IndiTreat-OVA for ovarian cancer, IndiTreat-KDN for kidney cancer, and expansions into pancreatic cancer and additional indications; the company also offers IndiTreat Specimen Collection Kit and IndiTreat Shipping Container, both CE-marked under the new IVD regulation, alongside clinical testing services from its Copenhagen laboratory and research/consulting services. Founded in 2006 and headquartered in Copenhagen, Denmark, with operations through subsidiary 2cureX A/S and affiliate 2cureX GmbH in Germany, it serves healthcare providers, patients, and pharmaceutical partners across 20 European countries including the UK, Sweden, Germany, and Denmark via a Direct-to-Patient model and distributor network. Recent developments encompass the launch of "Operation Twin Code" with new investors including Kinled Group and Koodos Ltd for leadership transition, AI integration, and global roadmap; validation of Direct-to-Patient IndiTreat access in the UK, Sweden, and Germany; strategic PreComb Therapeutics AG partnership for pharma-driven clinical trials in colorectal, pancreatic, ovarian, and further cancers; pursuit of full CE-IVDR approval for IndiTreat by 2cureX A/S expected later in 2025; appointment of Mangold Corporate Finance as liquidity provider and Mangold Fondkommission AB as certified adviser; improved financial discipline reducing H1 2025 pre-tax loss to -1,951 KSEK from -9,560 KSEK; and a warrant program for board members resolved in December 2024. The company maintains Nasdaq First North Growth Market listing under ticker 2CUREX with 25.1 million shares outstanding as of mid-2025, reporting minimal net sales of 25 KSEK (TTM) and cash reserves of 5.1 million SEK.