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AZT Arcticzymes Technologies ASA News Story

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Norway's ArcticZymes Q4 revenue up on GMP-grade product sales

Overview

Norwegian enzyme maker's Q4 revenue grew 31% yr/yr

Q4 EBITDA increased significantly, reflecting improved operating leverage

Company maintains strong balance sheet with no interest-bearing debt

Outlook

ArcticZymes focuses on scaling Biomanufacturing with increased GMP-grade penetration

Company plans expansion of CDMO partnerships for long-term revenue visibility

ArcticZymes aims to expand RNA enzyme portfolio, including launch of ET-N1

Result Drivers

BIOMANUFACTURING GROWTH - Biomanufacturing revenue rose 25% YoY, driven by increased GMP-grade product sales and adoption among CDMO customers

MOLECULAR TOOLS PERFORMANCE - Molecular Tools revenue increased 55% YoY in Q4, aided by key account activity and broader customer growth

STRONG FINANCIAL POSITION - ArcticZymes maintains a strong balance sheet with no interest-bearing debt, supporting expansion and strategic investments

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueNOK 34.70 mln
Q4 EBITDANOK 8.30 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the pharmaceuticals peer group is "buy" Wall Street's median 12-month price target for Arcticzymes Technologies ASA is NOK32.00, about 48.8% above its February 11 closing price of NOK21.50 The stock recently traded at 52 times the next 12-month earnings vs. a P/E of 74 three months ago Press Release: ID:nWkrb1NwKW For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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