Mauna Kea Technologies SA (ALMKT) Earnings Call Transcripts

Mauna Kea Technologies SA's Latest Earnings Call - Q1 FY2026

In the Q1 2026 earnings call for Mauna Kea Technologies, management highlighted a significant transformation in the company's financial health and commercial momentum. For the fiscal year 2025, total sales reached EUR 8.2 million, with a notable adjusted EBITDA loss of EUR 3 million, improving by EUR 1 million year-over-year. The company reported a net profit of EUR 10.8 million, largely due to debt cancellation, and reduced total debt by 69%. Management signaled a path to profitability by the end of 2027 and emphasized strong growth in U.S. sales, particularly for their Cellvizio product, which saw a 34% increase in Q1 2026 alone.

Reported metrics

Guidance from management

Management maintained their guidance for achieving EBITDA profitability by the end of 2027, indicating a commitment to continued operational improvements and growth investments.

What analysts pressed on

Analysts expressed concerns regarding the sustainability of the sales growth and potential impacts of external factors such as regulatory changes and market competition. There was also a focus on the need for continued operational efficiency to support profitability goals.

Main topics on the call

• Debt Reduction — Management reported a '69% reduction' in total debt, amounting to EUR 26.5 million. This significant deleveraging is expected to free up financial resources for growth rather than debt servicing.
• Sales Growth — Q1 2026 saw core product sales grow by '68%' at constant exchange rates, with U.S. sales exceeding EUR 1 million, reflecting a '34%' increase. This growth is attributed to the successful adoption of Cellvizio, particular...
• Path to Profitability — Management reiterated their goal of achieving EBITDA profitability by the end of 2027, citing 'major improvements' in cash burn and operating losses. This is a key focus for the company moving forward.
• Operational Efficiency — Operating cash burn decreased by '34%' year-over-year, indicating improved operational efficiency. Management emphasized strict financial discipline across all departments.

Read the full Mauna Kea Technologies SA transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 6 Mauna Kea Technologies SA earnings call transcripts on record, spanning April 28, 2020 to April 22, 2026. Based on this history, Mauna Kea Technologies SA reports annually. The most recent call on file is dated April 22, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ALMKT

Exchange

ENXTPA

Country

FR

Sector

Health Care

Industry

Health Care Equipment and Supplies

Calls on record

6

First call

April 28, 2020

Most recent

April 22, 2026

Reporting cadence

annually