Vistin Pharma ASA: Fourth quarter and preliminary 2024 financial results

13 Feb 2025 07:35 CET

Oslo, Norway, 13(th) of February 2025

Vistin Pharma ASA (VISTN) today announces the financial results for the fourth
quarter and preliminary results of 2024.

Revenue in the fourth quarter ended at MNOK 114 compared to MNOK 111 in Q4
2023. Strong operational performance resulted in more volumes available for sale
in the quarter, which increased the sales volume with 11%. 2024 full year
revenue ended at MNOK 430 compared to MNOK 438 last year. Sales volume increased
by 4% in 2024, even with an unplanned stop on line 2 in Q1.

Fourth quarter EBITDA ended at MNOK 28 compared to MNOK 25 in Q4 2023. EBITDA
positively affected by increased sales volume and good cost control in the
quarter. 2024 full year all-time high EBITDA of MNOK 104 compared to MNOK 86
last year, a 21% increase.

The net profit ended at MNOK 19.4 for the fourth quarter of 2024.

Vistin has a strong balance sheet with equity ratio of 80% and net cash position
of MNOK 13 as of year-end.

Based on the preliminary 2024 results the Board of Directors will propose for
the AGM an ordinary cash dividend of total NOK 1.25 per share, to be paid in
June.

The fourth quarter conference call, which will be held today 13th of February at
8.30am (CET), will be available via webcast and audio through the following
access points:

Webcast:
https://edge.media-server.com/mmc/p/ekueptdm
(https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fedge.media-
server.com%2Fmmc%2Fp%2Fekueptdm&data=05%7C02%7CAlexander.Karlsen%40vistin.com%7C
6b6ed93c26114cc23ccf08dd2efa26a7%7C2fcdf060b2c2456e8bb7944b7e40981a%7C0%7C0%7C63
8718374128636827%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDA
wMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=O2%2B%2
B8pKTkqdT50kGtfAoSDyR857tbUZmb0XGVdDUpgE%3D&reserved=0)

Telephone conference (online registration):
https://register.vevent.com/register/BI6693743078794f05ac2e84522925591f

The conference call will be held in English.

Please find the Q4 report and presentation enclosed. The report will also be
made available on www.vistin.com (http://www.vistin.com).

*****

For further information, please contact:

Alexander Karlsen
CFO
+47 97 05 36 21
alexander.karlsen@vistin.com (mailto:alexander.karlsen@vistin.com)

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

638532_Vistin Pharma ASA Q4 report 2024.pdf
638532_VistinPharma_Q4_24_presentation.pdf