Announcement • Jan 15
aXichem AB Announces Publication of CrossFit Study in Leading Sports Journal - Validates aXivite as a High-Intensity Performance Supplement aXichem AB announced the formal publication of its latest clinical trial, "Acute phenylcapsaicin supplementation improves exercise performance in CrossFit trained adults", in the Journal of the International Society of Sports Nutrition. Following the release of preliminary findings in March 2025, this final peer-reviewed publication provides the definitive scientific foundation for aXivite (phenylcapsaicin) in the elite sports and high-intensity functional fitness sectors. The randomized, triple-blind, placebo-controlled crossover trial, conducted by Dr. Pablo Jiménez Martínez and his team in Spain, examined 50 trained CrossFit athletes (25 male, 25 female). The results demonstrate that a single 2.5 mg dose of aXivite delivers significant physiological advantages: supplemented athletes achieved higher loads and repetition counts in deep squats at 70% 1RM; aXivite enabled participants to maintain weightlifting performance throughout grueling rounds, particularly in the final stages of the workout where fatigue typically peaks; data showed a statistically significant reduction in Delayed-Onset Muscle Soreness at both 24 and 48 hours post-exercise, allowing for faster returns to peak training capacity. This publication marks the latest milestone in a calculated development trajectory. aXichem has systematically built a scientific dossier for aXivite: in 2021, establishing metabolic bioequivalence to natural capsaicin with superior bioavailability and early gut health validation; in 2022-2023, validating metabolic support and weight management, followed by resistance training and aerobic capacity breakthroughs; in 2025, defining the high-intensity performance category through this definitive CrossFit study. Phenylcapsaicin is approved under Novel Food in the EU and GRAS Food in the USA and is marketed for dietary supplements and functional foods under the brand name aXivite. Announcement • May 17
aXichem AB, Annual General Meeting, Jun 18, 2025 aXichem AB, Annual General Meeting, Jun 18, 2025, at 10:00 W. Europe Standard Time. Location: at the companys offices at sodergatan 26, malmo Sweden Reported Earnings • Aug 28
Second quarter 2024 earnings released: kr0.032 loss per share (vs kr0.25 loss in 2Q 2023) Second quarter 2024 results: kr0.032 loss per share (improved from kr0.25 loss in 2Q 2023). Revenue: kr6.13m (up kr5.44m from 2Q 2023). Net loss: kr1.28m (loss narrowed 77% from 2Q 2023). Announcement • May 23
aXichem AB, Annual General Meeting, Jun 19, 2024 aXichem AB, Annual General Meeting, Jun 19, 2024, at 10:00 W. Europe Standard Time. Location: in the company`s premises, sodergatan 26, malmo Sweden New Risk • Apr 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 88% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr21m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (88% increase in shares outstanding). Revenue is less than US$1m (kr1.8m revenue, or US$165k). Market cap is less than US$10m (€5.56m market cap, or US$5.90m). Announcement • Mar 28
aXichem AB has completed a Composite Units Offering in the amount of SEK 28.213935 million. aXichem AB has completed a Composite Units Offering in the amount of SEK 28.213935 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 3,761,858
Price\Range: SEK 7.5
Transaction Features: Rights Offering Announcement • Mar 13
OmneDiem Launches Two New Products aXichem AB (publ), announced that the provider of dietary supplements OmneDiemis launching two new products, formulated with aXichem's innovative ingredient aXivite, targeting the United States market. These launches represent an expansion of aXivite's applications in the fitness and wellness sectors, underscoring aXichem's commitment to broadening its global market presence and customer base. Body6, a bodybuilding and fitness brand, is set to bring important innovations in the market with the introduction of its Ready-To-Drink (RTD) pre-workout supplement powered by aXichem's aXivite. This innovative product is specifically designed to meet the needs of fitness enthusiasts and bodybuilders, offering an unparalleled boost in performance and energy. Body6 will leverage its partnership with Planet Fitness to make the pre-workout supplement accessible to a wide audience. Additionally, Body6 will feature the pre-workout and its Thermogenic Fat Management product at major national and regional fitness and bodybuilding events, including the prestigious Arnold Classic. OmneDiem is set to introduce a new product in the e-commerce and retail sectors with the launch of MaxRep Elite, a cutting-edge supplement designed to elevate workout performance and endurance. Available through various e-commerce platforms, distributors, retailers, and a network of fitness-oriented health care practitioners, MaxRep Elite aim to become the go-to choice for individuals seeking to maximize their workout potential and achieve their fitness goals. Reported Earnings • Mar 06
Full year 2023 earnings released: kr1.03 loss per share (vs kr1.04 loss in FY 2022) Full year 2023 results: kr1.03 loss per share. Net loss: kr20.8m (loss widened 21% from FY 2022). Reported Earnings • Nov 24
Third quarter 2023 earnings released: kr0.21 loss per share (vs kr0.32 loss in 3Q 2022) Third quarter 2023 results: kr0.21 loss per share (improved from kr0.32 loss in 3Q 2022). Revenue: kr328.0k (up 25% from 3Q 2022). Net loss: kr4.54m (loss narrowed 14% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 25
First quarter 2023 earnings released: kr0.29 loss per share (vs kr0.21 loss in 1Q 2022) First quarter 2023 results: kr0.29 loss per share (further deteriorated from kr0.21 loss in 1Q 2022). Net loss: kr4.76m (loss widened 34% from 1Q 2022). Revenue is forecast to grow 126% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 51% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 06
Full year 2022 earnings released: kr1.04 loss per share (vs kr0.92 loss in FY 2021) Full year 2022 results: kr1.04 loss per share (further deteriorated from kr0.92 loss in FY 2021). Revenue: kr5.22m (up 20% from FY 2021). Net loss: kr17.3m (loss widened 14% from FY 2021). Revenue is forecast to grow 109% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. Announcement • Feb 07
aXichem AB to Report Fiscal Year 2022 Final Results on May 26, 2023 aXichem AB announced that they will report fiscal year 2022 final results on May 26, 2023 Reported Earnings • Nov 25
Third quarter 2022 earnings released: kr0.32 loss per share (vs kr0.18 loss in 3Q 2021) Third quarter 2022 results: kr0.32 loss per share (further deteriorated from kr0.18 loss in 3Q 2021). Net loss: kr5.25m (loss widened 75% from 3Q 2021). Revenue is forecast to grow 125% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. Breakeven Date Change • Nov 16
Forecast to breakeven in 2024 The analyst covering aXichem expects the company to break even for the first time. New forecast suggests the company will make a profit of kr32.0m in 2024. Average annual earnings growth of 113% is required to achieve expected profit on schedule. Reported Earnings • Aug 28
Second quarter 2022 earnings released: kr0.32 loss per share (vs kr0.24 loss in 2Q 2021) Second quarter 2022 results: kr0.32 loss per share (down from kr0.24 loss in 2Q 2021). Revenue: kr702.0k (up kr642.0k from 2Q 2021). Net loss: kr5.20m (loss widened 33% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 26
First quarter 2022 earnings released: kr0.21 loss per share (vs kr0.20 loss in 1Q 2021) First quarter 2022 results: kr0.21 loss per share (down from kr0.20 loss in 1Q 2021). Revenue: kr538.0k (up kr486.0k from 1Q 2021). Net loss: kr3.56m (loss widened 13% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. No independent directors (5 non-independent directors). Chairman of the Board Jan Gustavsson was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Feb 18
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: kr0.92 loss per share (down from kr0.85 loss in FY 2020). Net loss: kr15.1m (loss widened 12% from FY 2020). Revenue exceeded analyst estimates by 45%. Over the next year, revenue is forecast to grow 1,027%, compared to a 6.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 22
First quarter 2021 earnings released: kr0.20 loss per share (vs kr0.19 loss in 1Q 2020) First quarter 2021 results: Net loss: kr3.15m (loss widened 2.2% from 1Q 2020). Is New 90 Day High Low • Feb 19
New 90-day low: €4.00 The company is down 18% from its price of €4.89 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 13% over the same period. Is New 90 Day High Low • Jan 28
New 90-day low: €4.46 The company is down 3.0% from its price of €4.60 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 28% over the same period. Announcement • Nov 25
aXichem Signs Agreement with BART Regarding Distribution and Sales of aXivite® in Poland aXichem AB (publ), has signed a marketing, sales and distribution agreement with the Polish company Bart Spólka Sp.k. Under the agreement BART has the exclusive right to distribute and sell aXichem's capsaicin analogue product, aXivite, on the Polish market. Entering this the agreement with BART aXichem has added yet another well-established distributor in the food supplement and nutrition segment in Europe. BART not only has the sales and distribution knowledge, but also, within its organization, through two innovative subsidiaries, resources in production and product development. Is New 90 Day High Low • Sep 23
New 90-day low: €4.40 The company is down 25% from its price of €5.86 on 25 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 8.0% over the same period.