ProstaLund AB - Year-end report 2024

MAR

“With several ongoing contract discussions for CoreTherm® Eagle, we are positive about the interest in our treatment and the upcoming international launch”

Fourth quarter

October 1 - December 31

  • Net sales amounted to SEK 3,9 million (6,4)
  • Operating result amounted to SEK -6,2 million (-3,5)
  • Profit after tax amounted to SEK -6,2 million (-3,5)
  • Earnings per share before and after dilution amounted to SEK -2,43 (-1,82)
  • Cash flow from operating activities amounted to SEK -6,5 million (-5,6)

January 1 - December 31

  • Net sales amounted to SEK 13,7 million (22,1)
  • Operating result amounted to SEK -22,5 million (-16,9)
  • Profit after tax amounted to SEK -22,6 million (-17,0)
  • Earnings per share before and after dilution amounted to SEK -6,94 (-9,94)
  • Cash flow from operating activities amounted to SEK -22,6 million (-23,7)
  • Cash and cash equivalents amounted to SEK 7,8 million (15,0)


Significant events during the quarter

  • First published report of transurethral intraprostatic anaesthesia (TUIA) using the Schelin Catheter® in patients undergoing holmium laser enucleation of the prostate.
  • Short-term results and long-term durability after CoreTherm® treatments presented at the Emirates International Urological Conference in Dubai, UAE.
  • Notice of Extraordinary General Meeting regarding a resolution on reverse share split.
  • The first ten CoreTherm® Eagle machines have been manufactured.
  • ProstaLund announces outcome of warrants series TO 3, with a subscription rate of 94,4%, the company received approximately SEK 3,7 million before issue costs.
  • Further study published confirming the good effect of transurethral intraprostatic anaesthesia (TUIA) via our Schelin Catheter® in the treatment of benign prostatic hyperplasia.
  • Nomination Committee appointed in ProstLund AB (publ) for the Annual General Meeting 2025.
  • Determination of record date for reverse share split in ProstaLund AB.

Significant events after the quarter

  • Older men treated with CoreTherm® for benign prostate enlargement have a lower risk of a prostate cancer diagnosis later in life compared to men treated with TURP according to a new Swedish registry study.
  • New study confirms the strong efficacy of CoreTherm® in patients with large prostates.


Key figures

(SEK MILLION)OCT-DEC 2024OCT-DEC 2023JAN-DEC 2024JAN-DEC 2023
Net sales3,96,413,722,1
Gross Margin, (%)54,973,564,670,1
Operating profit/loss, EBIT-6,2-3,5-22,5-16,9
Cash flow from operating activites-6,5-5,6-23,0-23,7
Cash and cash equivalents7,815,07,815,0
Average number of employees9587
Datum 2025-02-20, kl 07:30
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