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AB SCIENCE (AB) investor relations material
AB SCIENCE H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating loss as of 31 December 2025 was €3.8 million, down 38% year-over-year, excluding non-recurring items.
Cash position at year-end was €10.2 million, with an additional €3.2 million raised in April 2026.
Focused clinical resources on Phase 3 of masitinib in ALS and Phase 1 of AB8939 in AML.
Final agreement reached on renegotiation of loan repayment terms with all financial creditors.
Financial highlights
Revenue from veterinary medicine increased 10% year-over-year to €1.17 million.
Operating expenses fell by 93% due to a non-recurring cancellation of a repayable advance and cost controls.
Net loss for 2025 was €1.56 million, an 80% reduction from 2024.
Net earnings per share improved to (€0.03) from (€0.15) year-over-year.
Outlook and guidance
Strategic focus on Phase 3 masitinib in ALS and Phase 1 AB8939 in AML, deprioritizing other indications.
Temporary suspension of European clinical trials to address regulatory and organizational requirements.
- AB8939 shows strong efficacy in refractory and MECOM AML, with Phase II trials and funding secured.AB
Status Update11 Jan 2026 - Masitinib advances in neurodegenerative diseases with new trials and a January 2025 update webcast.AB
Status Update9 Jan 2026 - AB8939 plus venetoclax showed 100% response in high-risk AML with no hematological toxicity.AB
Status Update16 Oct 2025 - Operating loss fell 24% but net loss rose; €6.3M raised for clinical and patent milestones.AB
H1 202510 Oct 2025 - Net loss halved and cash position improved, but regulatory and tax risks remain.AB
H1 202413 Jun 2025 - Operating loss halved and cash bolstered as clinical pipeline advances and IP portfolio grows.AB
H2 20246 Jun 2025
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