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Regulatory press release

INITIATOR PHARMA: YEAR END REPORT 2024

Initiator Pharma
Download the release

Business highlights in October-December 2024

  • The Company completed the capital increase of 108,500 shares directed to members of executive management and key management under the LTI2023 incentive program, as well as the share-buy back of 23,000 treasury shares and subsequent re-sale of those shares to board members under the same incentive program

Business highlights after this reporting period

  • Nothing to report

Financial Highlights

Fourth Quarter (2024-10-01 – 2024-12-31)
Net revenue were TDKK 0 (0)
Operating loss, EBIT was TDKK -2,701 (-4,279)
Earnings per share before and after dilution was DKK -0.02 (0.03)
Cash: TDKK 13,371 (24,336)
Solidity: 97% (37%)
Full Year (2024-01-01 – 2024-12-31)
Net revenues were TDKK 0 (0)
Operating loss, EBIT was TDKK -14,502 (-27,029)
Earnings per share before and after dilution was DKK –0.23 (-0.44)

Solidity: equity divided by assets.

The Board of Directors have decided that interim reports will be published in English only.

Link to the full report
https://www.initiatorpharma.com/en/investors/reports-and-presentations/

For additional information about Initiator Pharma, please contact:


Claus Elsborg Olesen, CEO
Telephone: +45 6126 0035
E-mail: ceo@initiatorpharma.com

About Initiator Pharma


Initiator Pharma A/S is a Danish clinical stage emerging pharma company developing innovative drugs that target key unmet medical needs within the central and peripheral nervous system. Initiator Pharma’s pipeline consists of two clinical stage assets – pudafensine and IP2018 – and two preclinical assets. With pudafensine the company has reported positive, statistically significant and clinically relevant efficacy data in a Phase IIb clinical trial with patients suffering from ED. With IP2018 the company has reported positive, statistically significant, and dose-dependent clinical observations related to efficacy in psychogenic erectile dysfunction (ED) in a Phase IIa clinical trial of IP2018 in patients with mild to moderate ED.
 
Initiator Pharma is listed on Nasdaq First North Growth Market (ticker: INIT). Redeye AB is the company’s Certified Adviser. For more information, please visit www.initiatorpharma.com.

Attachments


2024 Q4 Final

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