Formycon H1 FY26 EBITDA loss narrows to EUR 3.4 million; revenue more than doubled to EUR 25.8 million
Reuters2026/08/12 04:30- Formycon lifted H1 2026 revenue to EUR 25.8 million from EUR 9 million a year earlier.
- EBITDA loss narrowed to EUR 3.4 million from EUR 17.9 million, on higher revenue and lower R&D expenses.
- Adjusted EBITDA loss widened to EUR 6.9 million from EUR 19.2 million, reflecting EUR 3.5 million in losses from Bioeq.
- Working capital fell to EUR 51.2 million at June 30, 2026 from EUR 70.1 million at Dec. 31, 2025.
- Guidance reaffirmed for 2026 revenue of EUR 60 million-EUR 70 million, EBITDA of EUR 0 million-EUR 10 million.
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