STENOCARE A/S
NASDAQ FIRST NORTH GROWTH MARKET, DENMARK
TICKER: STENO
STENOCARE A/S ("STENOCARE") today announces its results for the period 01.01.2025 - 31.12.2025. The report, which has not been reviewed by the Company's auditors, is attached to this release and is also available on https://stenocare.com/investor-relations/
Thomas Skovlund Schnegelsberg, CEO of STENOCARE, comments:
" Strong performance in Q4, again - Stenocare exceeded its expectations in 2025, delivering three consecutive quarters of positive EBITDA and continued growth in net sales throughout the year. In parallel, we made strategic investments to position the Company for sustainable future growth and profitability."
| (KDKK) | 01.10.2025 31.12.2025 3 months | 01.10.2024 31.12.2024 3 months | 01.01.2025 31.12.2025 12 months | 01.01.2024 31.12.2024 12 months | |
| Net sales | 2,605 | 1,258 | 7,021 | 2,232 | |
| Operating profit before depreciation (EBITDA) | 12 | -15,081 | -1,742 | -24,230 | |
| Net financial items | 51 | -297 | -423 | -1,505 | |
| Result per share (DKK) | 0.00 | -1.10 | -0.06 | -1.79 | |
| Solidity (%) | 75 | -18 | 75 | -18 | |
Result per share: The result for the period divided by the average number of shares. Total number of shares as of December 31, 2025, amounted to 43,403,745 (20,212,497). Average number of shares for the fourth quarter 2025 was 41,737,078 (20,212,497).
Solidity: Equity divided by total capital.
Comments to the report
When evaluating the key figures such as EBITDA for the fourth quarter and the full year of 2025, it's important to note that Stenocare has implemented the STENOCARE 3.0 strategy including exiting the Danish cultivation facility, completed a share issue in January 2025 and adopted the revenue recognition better to reflect the retail sell-out to pharmacies and patients. In addition, STENOCARE has acquired CannGros ApS in November 2025 by issuing new shares in STENOCARE.
The highlights in numbers for the operations in the period are summarized as follows:
Highlights during the period:
November 2025 - The Company acquired CannGros ApS and added DKK 4-6 million in annual revenue and supporting the 2026 break even goal. CannGros ApS is the leading supply of five flower-based products in Denmark, that offers high synergies with existing oil-based products.
Highlights after the period:
January 2026 - The Company Kicked Off a Strategic Partnership with WEECO Pharma to Launch New Astrum Oil Product in Germany. The product is planned to reach patients during Feb 2026.
February 2026 - The Company secured position for First-Mover Advantage in France with Strategic Partnership, Product Filing, and National Distribution Partnership.