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Coala Life Key Figures September USA

Key figures for August 2023:

  • Patients in remote monitoring as of September 30, 2023: 4,400
  • Annualized revenue as of September 30, 2023: $5.0 million

Explanations of key figures
Patients in remote monitoring as of September 30, 2023 – The number of patients the company monitored remotely at the end of September.
Annualized revenue as of September 30, 2023 – Estimated recurring revenue in USD based on September's revenue, measured on an annualized basis.
 
Comments on key figures September 2023
The September figures are starting to show a recovery after the summer, but sales were negatively affected by an internal process change, which also means that the key figures will be published on the 20th of each month. New clinics continue to contribute to more active patients.
 
Historical key figures

MonthPatients in remote monitoringAnnual rate of turnover
September 20234,4005,0 MUSD
Augusti 20234,4005,2 MUSD
Juli 20234,1005,0 MUSD
Juni 20234,1005,6 MUSD
Maj 20233,8005,7 MUSD
April 20233,7005,4 MUSD
Mars 20233,7004,8 MUSD
Februari 20233,7004,6 MUSD
Januari 20233,8003,7 MUSD
December 20223,5003,6 MUSD
November 20223,1003,2 MUSD
Oktober 20222,8003,2 MUSD
September 20222,6002,7 MUSD

The figures in this press release are preliminary and unaudited.

About us

Coala-Life Group AB (“Coala Life” or the “Company”) founded in 2015, is a Cloud Based Software as a Service provider, and medical device developer and reseller, listed on Nasdaq First North Growth Market. The Company focuses on B2B solutions for managed Remote Patient Monitoring (“RPM”), offering medical care providers, primarily in the US, with a highly scalable, cost-efficient platform to remotely and virtually manage large volumes of patients suffering from chronic diseases. The company offers care providers a comprehensive solution and lifts the administrative work from the care providers regarding, amongst other things, follow-up, 24/7 monitoring, as well as the reimbursement process from state and private health insurance companies. Patients are monitored long-term in everyday life and typically have diabetes, obesity, and/or cardiovascular disease. 
For more information see www.coalalife.com

For more information, please contact:

Dan Pitulia, CEO Coala Life AB
+44 7849 257 532, dan.pitulia@coalalife.com
Robin Danielsson Källmark, Interim CFO Coala Life AB
+46 72 188 84 09, robin.danielsson.kallmark@coalalife.com

Certified Adviser
The company's Certified Adviser is Erik Penser Bank AB.

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Coala Life Key Figures September USA

Datum 2023-10-30, kl 18:00
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