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Navamedic Slips To Loss In Q2

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Navamedic ASA (NAVA.OL) posted a net loss of 1.53 million Norwegian Kroner or 0.082 Kroner per share compared to net income of 19.49 million Kroner or 1.100 Kroner per share in the prior year.

Revenues for the second quarter of 2025 were 137.3 million Kroner, a decrease of 12.2% from 156.3 million Kroner in the second quarter last year. The decrease was mainly driven by milestone fee from Orion corporation of 22.7 million Kroner in 2024.

Navamedic expects that the company will continue the positive development in the second half of 2025. The company reiterated its ambition of building a NOK 1 billion revenue company mid-term.

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