RLS Global

OCTOBER 1st – DECEMBER 31st (previous year in brackets)

• Net sales amounted to TSEK 291 (TSEK 219)
• Earnings before interest and taxes (EBIT) amounted to MSEK -7,9 (MSEK -7,8)
• Earnings per share after dilution at SEK -0,10 (SEK 0,09)
• Cash flow from operating activities amounted to TSEK -5 779 (TSEK -4 887)
• Liquid assets at the end of the period MSEK 20,5 ( MSEK 11,5)
• Equity ratio was 83 % (75 %)
   

JANUARY 1st – DECEMBER 31st (previous year in brackets)

• Net sales amounted to TSEK 1 198 (TSEK 653)
• Earnings before interest and taxes (EBIT) amounted to MSEK -24,3 (MSEK 11,0)
• Earnings per share after dilution at SEK -0,3 (SEK- 0,14)
• Cash flow from operating activities amounted to TSEK -23 569 (TSEK -8 353)
• Liquid assets at the end of the period MSEK 20,5 (MSEK 11,5)
• Equity ratio was 83 % (75 %)
   

SUMMARY OF EVENTS DURING FIRST QUARTER

• RLS Global’s notified bodies perform quality audits (ISO 13485 and MDD) without remarks
• Karin Fischer hands in her resignation
• Convatec is taking over the agreements with Swedish customers
• ChloraSolv is now delivered to the Convatec central warehouse on a regular basis
• ChloraSolv is reimbursed in the Netherlands

SUMMARY OF EVENTS DURING SECOND QUARTER

• Annual General Meeting is held May 19
• RLS signs distribution contract for Middle East
•  RLS introduces ChloraSolv for the animal segment in Scandinavia by signing distribution contract with Swevet
• ChloraSolv is approved for leg ulcers in Kuwait

SUMMARY OF EVENTS DURING THIRD QUARTER

• An article regarding ChloraSolv is published in Journal of Wound Care
• RLS Global strengthens its solvency by transforming a loan to share capital 
  
   

SUMMARY OF EVENTS DURING FOURTH QUARTER

• Björn Larsson starts as CEO
• RLS carries out a new share issue (rights issue) and thereby raises SEK 26.8 million in cash and cash equivalents after issue costs
• The Swedish Medicines Agency approves RLS’ application for a clinical study regarding pressure ulcers
• RLS takes part in the conference Wounds UK in Harrogate, England

SUMMARY OF EVENTS AFTER FOURTH QUARTER

• An extra General Meeting is held February 9, 2023
• Lars Johansson is elected as Chairman of the Board
• RLS visits Arab Health, a global health conference in the Middle East and performs on-site distributor meetings and training sessions

The Year-end Report Q4, 2022, is enclosed and is also available here.

Publication
This information was submitted for publication through the agency of the below contact person, at 08.30 CET on Feb 28th 2023.