Sedana Medical
Logotype for Sedana Medical

Sedana Medical (SEDANA) investor relations material

Sedana Medical Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Sedana Medical
Q4 2025 earnings summary12 Feb, 2026

Executive summary

  • Achieved first-time positive EBITDA in ex-US business (3% FY, 8% Q4), marking a turnaround from prior losses and meeting 2025 financial targets.

  • Full-year net sales reached SEK 200.2 million, up 16% year-over-year at constant exchange rates, with Q4 sales at an all-time high of SEK 52 million.

  • US pivotal trials met all primary endpoints, with FDA Fast Track Designation, Early Access Program approval, and positive pre-NDA meeting confirming data adequacy.

  • Strategic focus on commercial execution, cost discipline, and targeted investments in high-growth markets, including restructuring headquarters post-COVID-19.

  • Set new 2026 target for mid-to-high single-digit ex-US EBITDA and approaching group-level profitability.

Financial highlights

  • Q4 net sales: SEK 51.8 million, up 5% year-over-year (11% FX-adjusted); full-year net sales: SEK 200.2 million, up 16% at constant FX.

  • Q4 gross margin: 73% (up from 69%); full-year gross margin: 71%.

  • Q4 EBITDA at group level: SEK 0.1 million (0.1% margin); ex-US Q4 EBITDA: SEK 4.0 million (8% margin).

  • Year-end cash balance: SEK 91 million; Q4 cash flow from operations: SEK -5.2 million; total Q4 cash flow: SEK -19.1 million.

  • Full-year EBITDA: SEK -10.1 million (vs. -30.6 million prior year); ex-US EBITDA: SEK 5.9 million (3% margin).

Outlook and guidance

  • Expects ex-US EBITDA to grow to mid- to high-single-digit positive range in 2026 and approach group-level break-even.

  • NDA submission for US approval planned mid-2026; potential US launch in 2027, depending on FDA review timeline.

  • Sufficient financing projected for US approval; long-term target: EBITDA margin around 40% as US sales scale.

What are the key US market differentiation points?
How will US launch investments be funded?
Specific German market growth initiatives?
How will EAP participation impact US launch?
What actions address Germany's H2 sales decline?
Is current cash sufficient for US approval process?
U.S. market adoption strategy
Germany sales strategy for seasonal swings
Future gross margin impact from Malaysia acquisition
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Sedana Medical earnings date

Logotype for Sedana Medical
Q1 202623 Apr, 2026
Sedana Medical
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Sedana Medical earnings date

Logotype for Sedana Medical
Q1 202623 Apr, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Sedana Medical AB develops, markets, and sells medical devices for anesthesia applications. It offers Anesthetic Gas Machines that deliver the anesthetic gasses oxygen, nitrous oxide, and ventilation of carbon dioxide; and Gas Monitors to measure the concentration of anesthetic gasses delivered by the machine. The company also provides monitoring solutions for intravenous anesthesia. Sedana Medical AB was founded in 2005 and is headquartered in Danderyd, Sweden.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage