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Xspray Pharma
Xspray Pharma (XSPRAY) investor relations material
Xspray Pharma Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary12 Feb, 2026
Executive summary
Transitioned from a research-focused to a commercial-stage pharmaceutical company, preparing for US launches of two cancer drugs in 2026.
Faced regulatory challenges, including an FDA Complete Response Letter for Dasynoc® due to manufacturing deficiencies not directly related to its production line.
Continued engagement with FDA and key opinion leaders, with positive clinical feedback and strong market interest in product candidates.
Financial highlights
Net sales were SEK 0 thousand for both Q4 and full year 2025, unchanged from the prior year.
Loss before income tax improved to SEK -37,009 thousand in Q4 2025 (from -82,002) and SEK -171,546 thousand for the year (from -285,674).
Earnings per share before dilution improved to SEK -0.89 in Q4 (from -2.36) and SEK -4.46 for the year (from -8.62).
Cash and cash equivalents at year-end were SEK 153,745 thousand (down from 208,236).
Cash flow from operating activities was SEK -41,370 thousand in Q4 and SEK -193,163 thousand for the year.
Outlook and guidance
Preparing for potential US launches of Dasynoc® and XS003 nilotinib in the second half of 2026.
Cash position expected to finance operations through autumn 2026; additional capital may be sought to support commercialization.
Regulatory resubmission for Dasynoc® planned for Q1 2026; FDA decision on XS003 expected by June 18, 2026.
Update on financing options beyond autumn 2026
Status of contract manufacturer re-inspection
How will Xspray capture CML market share?
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Next Xspray Pharma earnings date
Q1 20266 May, 2026
Xspray Pharma
Next Xspray Pharma earnings date
Q1 20266 May, 2026
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Frequently asked questions
Xspray Pharma AB is a pharmaceutical company, which engages in the development of protein kinase inhibitors for targeted cancer treatments. Its product candidates include HyNap-Nilo and HyNap-DS. The company was founded by Lars Holmkvist, Ola Winqvist and Magnus Persson on April 3, 2003 and is headquartered in Solna, Sweden.
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