STOCKHOLM, May 13, 2025 /PRNewswire/ --
January 1 - March 31, 2025
The first quarter in figures
-- Net sales were TSEK 8,856 (6,057), +46%.
-- The loss after tax was TSEK 27,510 (10,861).
-- The loss per share was SEK 0.09 (0.09).
-- The cash flow from current operations was negative in the amount of TSEK
26,001 (13,182).
-- The gross margin was 70.5% (69.9%).
-- Electrode sales volume increased by 30% and was 17,870 (13,724) units.
Repeat sales of electrodes to existing customers increased by 20%.
Important events during the quarter
-- Overall sales increased by 46% (+45%, before currency effects). Sales in
Germany within the skin cancer segment increased by 14% (14% in local
currency). Sales in the US skin cancer market increased by 306% (295% in
local currency) while the sales within the skin barrier segment
decreased by 10%.
-- SciBase announced that Mayo Clinic, the leading US hospital, will test
Nevisense in a Pilot.
-- SciBase announced the final outcome of directed issue and rights issue.
-- Nevisense (EIS) included in updated German (S1) imaging guidelines and
mentioend as a technology for detecting Melanoma and Non-Melanoma skin
cancer.
-- SciBase continues to expand in the US, on-boarding Several US
Dermatology Practices that Specialize in Skin Cancer Detection.
Important events after the end of the period
-- SciBase announced the launch of the next generation of Nevisense;
Nevisense V.
Apr 1, 2024 - Jan 1 -March 31 March 31, 2025 Jan 1 -Dec 31 THE GROUP 2025 2024 Rolling-12 2023 Net sales, SEK ths 8 856 6 057 32 503 29 705 Gross margin, % 70,5 % 69,9 % 71,0 % 71,0 % Equity/Asset ratio, % 71,6 % 58,2 % 65,5 % 59,4 % Net indebtness, multiple 0,40 0,72 0,53 0,68 Cash equivalents, SEK ths 34 295 20 272 34 295 11 245 Cashflow from operating activities, SEK ths -26 001 -13 182 -70 203 -57 383 Earnings per share (before and after dilution), SEK -0,09 -0,09 -0,35 -0,34 Shareholder's equity per share, SEK 0,14 0,25 0,16 0,21 Average number of shares, 000'* 298 710 119 831 222 713 177 994 Number of shares at closing of period, 000'* 338 296 119 831 338 296 219 538 Share price at end of period, SEK 0,42 0,39 0,42 0,41 Number of sold electrodes, pieces 17 870 13 724 66 356 62 210 Average number of employees 35 26 28 28
This information is information that SciBase Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 08.00 CET on May 13, 2025.
This interim report report has not been subject to review by the Company's auditors
Contact person:
Michael Colérus, CFO, +46 70 341 34 72
For additional information, please contact: Pia Renaudin, CEO, tel. +46732069802, e-mail: pia.renaudin@scibase.com [mailto:pia.renaudin@scibase.com]
Certified Advisor (CA):
Carnegie Investment Bank AB (publ) Phone: +46 (0)73 856 42 65 E-mail: certifiedadviser@carnegie.se [mailto:certifiedadviser@carnegie.se]
About SciBase
SciBase is a global medical technology company, specializing in early detection and prevention in dermatology. SciBase develops and commercializes Nevisense, a unique point-of-care platform that combines AI (artificial intelligence) and advanced EIS technology to enhance diagnostic accuracy, ensuring proactive skin health management.
Our commitment is to minimize patient suffering, allowing clinicians to improve and save lives through timely detection and intervention and reduce healthcare costs.
Built on more than 20 years of research at Karolinska Institute in Stockholm, Sweden, SciBase is a leader in dermatological advancements.
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https://news.cision.com/scibase/r/interim-report,c4149173 [https://c212.net/c/link/?t=0&l=en&o=4426314-1&h=2271990957&u=https%3A%2F%2Fnews.cision.com%2Fscibase%2Fr%2Finterim-report%2Cc4149173&a=https%3A%2F%2Fnews.cision.com%2Fscibase%2Fr%2Finterim-report%2Cc4149173]
The following files are available for download:
https://mb.cision.com/Main/12371/4149173/3444012.pdf SciBase Interim report Q1 2025
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