Nanexa AB

Nanexa AB

SSTO:NANEXA
10.62
SEK
-0.58
(-5.18%)
-0.14EPS
670.78MMarket Cap
Nov 05Next Earn
2014 Y
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
- -
0.12
0.04
0.01
0.03
0.11
0.12
0.07
0.06
0.42
0.18
0.23
0.2
Basic EPS, GAAP
- -
-0.74
-0.92
-0.65
-0.91
-0.82
-1.09
-1.01
-1.16
-1.09
-0.18
-0.07
-0.14
Free Cash Flow per Basic Share
- -
-0.9
-1.28
-0.94
-1.09
-1.27
-1.89
-1.43
-0.85
-1.1
-0.4
-0.17
-0.2
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.22
0.91
1.85
2.23
1.33
1.53
1.9
2.98
2.15
0.71
0.52
0.62
0.72
Tangible Book Value per Share
-0.17
0.35
1.3
1.63
0.43
0.49
0.43
2.08
0.86
0.41
0.08
0.17
0.28
Basic Weighted Avg Shares
5
6
7
12
12
16
20
36
51
70
136
156
170
Sales/Revenue/Turnover
- -
1
- -
- -
- -
2
2
2
3
29
24
36
34
Operating Margin (%)
- -
-607.93
-2,253.16
-7,447.52
-3,456.74
-741.4
-896.7
-1,503.12
-2,038.5
-260.29
-108.28
-22.96
-67.39
Depreciation Expense
- -
1
1
2
2
3
5
7
11
14
11
13
13
Net Income, GAAP
- -
-4
-6
-8
-11
-13
-22
-36
-59
-76
-25
-11
-25
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-626.4
-2,267.4
-7,591.02
-3,501.25
-757.31
-918.29
-1,516.39
-2,047.94
-260.5
-102.23
-31.5
-72.54
Working Capital
-1
3
13
21
7
7
9
98
51
47
1
18
40
LT Debt
- -
- -
2
3
5
4
3
3
4
2
2
1
1
Total Equity
1
6
17
27
16
25
43
151
109
96
71
102
133
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-109.53
-55.14
-35.89
-51.07
-62.92
-63.71
-36.99
-44.99
-74.56
-29.87
-13.21
-22.05

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
- -
- -
LT Borrowings
1
1
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
163
185
185
Market Capitalization
724
700
671

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
54
80
61
Cash, Cash Equivalents & STI
81
73
53
Accounts Receivable, Net
3
7
8
Inventories
- -
- -
- -
Total Current Liabilities
35
39
21
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
55.4%
45.22%
43.15%
Free Cash Flow
27.66%
3.39%
-51.95%
Net Income, GAAP
24.04%
7.42%
-54.27%
Sales/Revenue/Turnover
153.59%
195.53%
48.39%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8
6
6
5
24
2025
3
3
- -
30
36
2026
2
2
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.04
-0.03
-0.09
-0.18
2025
-0.06
-0.04
-0.08
0.1
-0.07
2026
-0.08
-0.07
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

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

Company Description

CEO
David Westberg
Full Time Employees
15
Sector
Health technology
Industry
Medical specialties
Address
Virdings AllE 32B Uppsala UP Sweden 75450
IPO Date
Jun 17, 2015
Website
nanexa.se
Business
Nanexa AB (publ) (NANEXA.ST) is a Sweden-based pharmaceutical company specializing in the development of long-acting injectable drug products utilizing its proprietary PharmaShell drug delivery platform, which employs atomic layer deposition technology to enable controlled release of active pharmaceutical ingredients from high drug load formulations; the platform supports applications for small molecules, peptides, proteins, and monoclonal antibodies across indications including type 2 diabetes, obesity, oncology, and other chronic conditions. Founded in 2007 and headquartered in Uppsala, Sweden, the company operates primarily in the Nordic countries, Europe, and North America, advancing its own pipeline projects—NEX-22, a once-monthly depot formulation of liraglutide (GLP-1 analogue) that completed Phase I trials in 2025 demonstrating exposure up to 36 days with good tolerability and no significant gastrointestinal side effects; NEX-18, a depot formulation of azacitidine for myelodysplastic syndrome; and NEX-20, a depot formulation of lenalidomide for multiple myeloma—while licensing PharmaShell to pharmaceutical partners for custom depot formulations. Nanexa maintains ongoing collaborations with major pharmaceutical companies including Novo Nordisk, its largest shareholder, under an exclusivity and evaluation agreement generating milestone payments, and AstraZeneca; recent developments include extension of a feasibility agreement with a major unnamed pharmaceutical company in August 2025 to explore PharmaShell long-acting formulations in a multi-billion USD market, receipt of a Japanese patent approval for a specific PharmaShell structure in September 2025 alongside three new patent applications, appointment of Bridget Lacey as Chief Business Officer in April 2025, termination of the collaboration with Applied Materials in May 2025 yielding a USD 750,000 payment and full revenue retention on future licenses, selection as a finalist in the Fierce Innovation Awards Life Sciences Edition 2025 for Drug Delivery Technology, and a directed share issue and loan raising SEK 55 million earlier in 2025 to fund operations through Q1 2026.