Business Segments Photocure ASA

Stocks

Real-time Oslo Bors 04:00:30 2026-09-04 EDT			5-day change	1st Jan Change
54.00 ^NOK	+0.19%		-3.23%	-24.37%

08-16	Photocure Sees Potential in US FDA's Proposed Reclassification of Cystoscopy Systems	MT
08-14	Photocure ASA Initiates FDA Proposal To Reclassify Blue Light Cystoscopy Systems From Class III To Class II	CI

Breakdown by Business Segment (NOK)

Fiscal Period: December	2021	2022	2023	2024	2025
Pharmaceutical Products
Commercial Franchise - Hexvix Europe	226M	222M	264M	286M	310M
Gross Profit	207M	205M	244M	262M	280M
EBITDA	63.81M	32.48M	52.37M	64.06M	76.46M
	-	-	-	-	220M
Commercial Franchise - Cysview North America	125M	151M	179M	202M	220M
Gross Profit	121M	146M	173M	196M	210M
EBITDA	-35.23M	-56.29M	-29.47M	-21.12M	-14.46M
EBITDA	-4.71M	-5.18M	-12.82M	-15.23M	-25.89M
Development Portfolio - R&D	1.84M	18.51M	54.44M	35.64M	2.52M
Gross Profit	661K	18.51M	54.44M	34.27M	531K
EBITDA	-1.48M	15.19M	50.99M	30.16M	-1.3M
D&A	238K	147K	146K	-	-
Operating Income	-6.43M	9.87M	38.03M	-	-
Commercial Franchise - Other Sales	7.72M	2.02M	4.04M	1.86M	333K
Gross Profit	7.2M	963K	3.05M	1.64M	35K
EBITDA	-4.09M	-10.83M	-5.58M	-8.69M	-6.08M
Development Portfolio - Cevira & Pipeline	-	-	-	-	-
Gross Profit	-	-	-	-	-
EBITDA	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	23.89M	24.23M	27.54M	28.7M	29.47M
Operating Income	601K	-58.87M	-10.22M	5.56M	26.44M
D&A	-	-	-	98K	-
Operating Income	-	-	-	14.48M	-27.19M
	-	-	-	-	310M
Commercial Franchise - Hex/Cys Partner	-	-	-	-	-
Gross Profit	-	-	-	-	-
EBITDA	-	-	-	-	-
	-	-	-	-	333K
Commercial Franchise - Hex/Cys Own Sales	-	-	-	-	-
Gross Profit	-	-	-	-	-
EBITDA	-	-	-	-	-
	-	-	-	-	2.52M

Geographical breakdown of sales (NOK)

Fiscal Period: December	2021	2022	2023	2024	2025
United States	125M	149M	176M	202M	217M
Germany	142M	149M	182M	200M	214M
	-	-	-	-	36.41M
France	29.02M	27.03M	31.4M	33.41M	36.41M
	-	-	-	-	16.13M
Nordic	31.88M	22.65M	22.39M	22.21M	21.32M
	-	-	-	-	3.55M
Austria	8.98M	9.5M	12.07M	12.72M	16.13M
	-	-	-	-	4.99M
Italy	1.7M	4.37M	5.06M	5.51M	5.85M
	-	-	-	-	5.05M
Benelux	-	4.6M	5.8M	5.69M	5.05M
	-	-	-	-	2.67M
Other European Countries	4.03M	3.9M	3.02M	4.13M	5.01M
	-	-	-	-	5.85M
UK	3.45M	2.15M	2.41M	2.46M	4.99M
Rest of World	2.23M	557K	3.22M	1.93M	3.55M
	-	-	-	-	217M
Canada	-	1.74M	2.78M	2.06M	2.67M
Netherlands	5.67M	-	-	-	-
	-	-	-	-	5.01M
Europe	-	-	-	-	-
	-	-	-	-	214M
	-	-	-	-	21.32M