Overview
Sweden's pharmaceutical firm's Q4 net revenue rises yr/yr
Company signed exclusive license agreement with Karo Healthcare for European markets
Company reported Q4 EBITDA loss of SEK 7.0 mln
Outlook
Moberg Pharma plans European expansion for MOB-015/Terclara® under Lamisil® brand
Regulatory approval needed for MOB-015/Terclara® launch in Europe
Company expects royalty revenues from Karo Healthcare partnership
Result Drivers
MARKET SHARE GAINS - Terclara® increased market share in Sweden and Norway, even during the off season
EUROPEAN EXPANSION - Partnership with Karo Healthcare provides platform for European expansion, leveraging Lamisil® brand
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
-SEK 0.27
Q4 Net Income
-SEK 12.80 mln
Q4 EBIT
-SEK 7.50 mln
Q4 EBITDA
-SEK 7 mln
Analyst Coverage
Wall Street's median 12-month price target for Moberg Pharma AB (publ) is SEK13.00, about 42.1% above its February 16 closing price of SEK9.15
Press Release: ID:nWkr64pWCw
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(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.)