The milk analysis company Miris reports decreased net sales in the fourth quarter compared with the same period the year before. The operating loss increased.Net sales fell 40.0 percent to SEK 3.0 million (5.0).The operating result was SEK -1.3 million (-0.2). Result before tax was SEK -1.4 million (-0.5). Net result after tax was SEK -1.4 million (-0.5). Earnings per share amounted to SEK -0.006 (-0.003). Cash flow from operating activities amounted to SEK 2.1 million (-2.1). Cash and cash equivalents amounted to SEK 8.1 million (0.1)."The increasing share of recurring revenue, a planned broadened product offering, and a continued increase in the number of quote requests create good conditions for continued growth in the coming years," says CEO Camilla Myhre Sandberg"In the fourth quarter, net sales were affected by timing shifts in certain deliveries where orders of approximately SEK 1.2 million that were delivered at the end of December will be recognized as revenue in the first quarter of 2026. Despite this shift, the company shows stable full-year net sales in line with the previous year. Adjusted for the delivery shifts, full-year sales show positive underlying growth, which reflects the operational development," the Miris CEO continues.Miris, SEK millionQ4-2025Q4-2024ChangeNet sales3.05.0-40.0%Operating result-1.3-0.2Result before tax-1.4-0.5Net result-1.4-0.5Earnings per share, SEK-0.006-0.003Cash flow from operating activities2.1-2.1Cash and cash equivalents8.10.18,000.0%