CALCULATION OF FINANCIAL MEASURES THAT ARE NOT FOUND IN THE IFRS STANDARDS
As of the second quarter of 2025, alternative performance measures are presented in RaySearch Laboratories’ interim reports.
AMOUNTS IN SEK | Full-year | |||||
Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | 2024 | |
Operating costs | ||||||
Sales costs | -89 199 | -91 447 | -80 617 | -84 908 | -69 613 | -326 585 |
Administration costs | -67 737 | -72 231 | -53 656 | -61 822 | -61 876 | -249 585 |
Research- and development costs | -58 826 | -71 292 | -68 520 | -68 391 | -61 181 | -269 384 |
Operating costs | -215 762 | -234 970 | -202 793 | -215 121 | -192 670 | -845 554 |
AMOUNTS IN SEK | Full-year | |||||
Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | 2024 | |
EBITDA | ||||||
Operating profit | 74 826 | 73 579 | 61 825 | 79 321 | 45 768 | 260 493 |
Depreciation | 70 235 | 78 896 | 72 965 | 74 462 | 73 060 | 299 374 |
EBITDA | 145 061 | 152 475 | 134 781 | 153 783 | 118 828 | 559 867 |
AMOUNTS IN SEK | Full-year | |||||
Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | 2024 | |
Operating profit adjusted for currency translation effects | ||||||
Operating profit | 74 826 | 73 579 | 61 825 | 79 321 | 45 768 | 260 493 |
Exchange rate income | -1 903 | -15 045 | -3 598 | -7 821 | -12 070 | -38 534 |
Exchange rate costs | 22 039 | 6 255 | 5 896 | 9 085 | 8 306 | 29 542 |
Operating profit adjusted for currency translation effects | 94 962 | 64 789 | 64 123 | 80 585 | 42 004 | 251 501 |
PERCENTAGE | Full-year | |||||
Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | 2024 | |
Change in turnover at unchanged currencies (organic growth) | ||||||
Net sales | 331 698 | 322 665 | 293 303 | 318 865 | 257 196 | 1 192 029 |
Currency adjustment | -8 681 | 2 521 | 3 518 | -3 179 | -2 605 | -1 149 |
Adjusted net sales | 323 017 | 325 186 | 296 812 | 315 686 | 254 591 | 1 190 880 |
Net sales previous year | 257196 | 299 640 | 252 883 | 239 467 | 230 169 | 1 022 159 |
Change in turnover at unchanged currencies (organic growth) | 25,6% | 8,5% | 17,4% | 31,8% | 10,6% | 16,5% |
AMOUNTS IN SEK | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2024-12-31 |
Working capital | ||||||
Accounts receivable (short-term invoiced receivables from customers) | 209 812 | 254 614 | 223 031 | 228 788 | 250 398 | 254 614 |
Short-term uninvoiced receivables from customers | 226 232 | 190 164 | 187 060 | 164 687 | 140 802 | 190 164 |
Long-term uninvoiced receivables from customers | 19 136 | 20 948 | 21 846 | 21 662 | 22 658 | 20 948 |
Inventory | 10 664 | 10 620 | 18 097 | 21 100 | 14 518 | 10 620 |
Other short-term receivables (excl. tax) | 101 456 | 61 203 | 52 333 | 54 365 | 48 619 | 61 203 |
Accounts payables | -20 432 | -38 757 | -28 165 | -43 027 | -38 307 | -38 757 |
Other short-term liabilities (excl. tax) | -584 125 | -545 824 | -565 278 | -625 449 | -607 769 | -545 824 |
Working capital | -37 257 | -47 032 | -91 076 | -177 874 | -169 081 | -47 032 |
PERCENTAGE | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2024-12-31 |
Return on equity | ||||||
Profit/loss for the period | 56 807 | 59 996 | 45 388 | 98 129 | 36 698 | 203 513 |
Average equity | 899 341 | 805 970 | 772 944 | 751 789 | 755 889 | 805 970 |
Return on equity | 6,3% | 7,4% | 5,9% | 13,1% | 4,9% | 25,3% |
PERCENTAGE | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2024-12-31 |
Equity/assets ratio | ||||||
Equity at the end of the period | 921 974 | 876 707 | 810 656 | 768 345 | 776 546 | 876 707 |
Total assets | 2 058 704 | 2 091 183 | 2 015 497 | 2 061 621 | 2 064 202 | 2 091 183 |
Equity/assets ratio | 44,8% | 41,9% | 40,2% | 37,3% | 37,6% | 41,9% |
AMOUNTS IN SEK | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2024-12-31 |
Net cash (-) / Net debt (+) | ||||||
Short-term lease liabilities | 76 424 | 77 079 | 81 983 | 83 321 | 95 344 | 77 079 |
Short-term interest-bearing liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
Long-term lease liabilities | 373 013 | 394 855 | 395 404 | 415 642 | 430 196 | 394 855 |
Other long-term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
Liquid funds | -503 376 | -462 740 | -425 027 | -435 198 | -440 131 | -462 740 |
Net cash (-) / Net debt (+) | -53 939 | 9 194 | 52 360 | 63 765 | 85 409 | 9 194 |
PERCENTAGE | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2024-12-31 |
Debt ratio | ||||||
Net cash (-) / Net debt (+) | -53 939 | 9 194 | 52 360 | 63 765 | 85 409 | 9 194 |
Equity | 921 974 | 876 707 | 810 656 | 768 345 | 776 546 | 876 707 |
Debt ratio | -0,06 | 0,01 | 0,06 | 0,08 | 0.11 | 0,01 |
AMOUNTS IN SEK | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2024-12-31 |
Capital employed | ||||||
Balance statement | 2 058 704 | 2 091 183 | 2 015 497 | 2 061 621 | 2 064 202 | 2 091 183 |
Short-term, non-interest-bearing liabilities | -567 198 | -626 740 | -617 752 | -680 984 | -650 548 | -626 740 |
Deferred tax liability | -119 217 | -114 923 | -108 823 | -112 452 | -110 688 | -114 923 |
Capital employed | 1 372 289 | 1 349 520 | 1 288 922 | 1 268 185 | 1 302 966 | 1 349 520 |
PERCENTAGE | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2024-12-31 |
Return on capital employed, % | ||||||
Operating profit | 74 826 | 73 579 | 61 825 | 79 321 | 45 768 | 260 493 |
Financial income | 1 636 | 8 974 | 6 831 | 4 124 | 2 086 | 11 418 |
Average capital employed | 1 360 905 | 1 538 064 | 1 507 065 | 1 266 827 | 1 284 217 | 1 307 494 |
Return on capital employed, % | 5,6% | 5,4% | 4,6% | 6,6% | 3,7% | 20,8% |