Artificial Intelligence
SciBase: Interim report
The third quarter in figures
- Net sales amounted to TSEK 2,982 (2,287).
- The loss after tax amounted to TSEK 8,622 (7,350).
- The loss per share amounted to SEK 0.13 (0.20).
- The cash flow from current operations was negative in the amount of TSEK 9,156 (6,974).
- The gross margin reached 63.3% (52.7%).
- Electrode sales volume increased by 20% and reached 8,304 (6,924) units. Repeat sales of electrodes to existing customers increased by 4%.
January – September in figures
- Net sales amounted to TSEK 7,802 (6,466).
- The loss after tax amounted to TSEK 27,926 (25,150).
- The loss per share amounted to SEK 0.46 (0.99).
- The cash flow from current operations was negative in the amount of TSEK 27,792 (23,571).
- The gross margin reached 57.8% (54.0%).
- Electrode sales volume increased by 20% and reached 21,768 (18,194) units. Repeat sales of electrodes to existing customers increased by 14%.
Important events during the quarter
- Overall sales increased by 30% (+36%, before currency effects).Covid-19 continues to affect sales and the market situation remains difficult to predict going forward, due to ongoing lockdowns and reduced marketing activities. Sales in the company’s key market Germany increased by 9% (+11% in local currency).
- SciBase has entered into an agreement with Vator Securities AB (“Vator Securities”) regarding the service as a Certified Adviser. Vator Securities took over as Certified Adviser on September 28, 2021. Until Vator Securities took over, Avanza Bank AB continued to act as Certified Adviser for the Company.
- At an extraordinary general meeting held on September 7, 2021, Jvalini Dwarkasing was elected as a new member of the Board. The Board has therefore the following composition: Tord Lendau (chairman), Diana Ferro, Thomas Taapken, Matt Leavitt and Jvalini Dwarkasing.
Important events after the end of the period
A nominating committee was appointed.
Financial overview
|
July 1 – Sep 30 |
Jan 1 – Sep 30 |
Oct 1 2020 -Sep 30 2021 |
Jan 1 – Dec 31 |
|||
|
THE GROUP |
2021 |
2020 |
2021 |
2020 |
Rolling-12 |
2020 |
|
Net sales, SEK ths |
2 982 |
2 287 |
7 802 |
6 466 |
10 857 |
9 521 |
|
Gross margin, % |
63,3% |
52,7% |
57,8% |
54,0% |
55,4% |
52,5% |
|
Equity/Asset ratio, % |
86,8% |
67,0% |
86,8% |
67,0% |
81,2% |
79,1% |
|
Net indebtness, multiple |
0,15 |
0,49 |
0,15 |
0,49 |
0,23 |
0,26 |
|
Cash equivalents, SEK ths |
78 270 |
21 724 |
78 270 |
21 724 |
78 270 |
41 427 |
|
Cashflow from operating activities, SEK ths |
-9 156 |
-6 974 |
-27 792 |
-23 571 |
-38 081 |
-33 861 |
|
Earnings per share (before and after dilution), SEK |
-0,13 |
-0,20 |
-0,46 |
-0,99 |
-0,65 |
-1,12 |
|
Shareholder’s equity per share, SEK |
1,24 |
0,71 |
1,40 |
1,02 |
0,96 |
1,50 |
|
Average number of shares, 000′ |
68 475 |
36 560 |
60 827 |
25 481 |
57 797 |
31 287 |
|
Number of shares at closing of period, 000′ |
68 475 |
36 560 |
68 475 |
36 560 |
68 475 |
54 780 |
|
Share price at end of period, SEK |
4,88 |
4,00 |
4,88 |
4,00 |
4,88 |
4,62 |
|
Number of sold electrodes, pieces |
8 304 |
6 924 |
21 768 |
18 194 |
29 260 |
25 686 |
|
Average number of employees |
17 |
16 |
17 |
16 |
17 |
16 |
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 November 11, 2021.
Contact person: Michael Colérus, CFO. +46 70 341 34 72