Ortivus has successfully completed large deliveries to our British customers during the quarter
Highlights April – June 2020
- Delivery of MobiMed to primary care in Region Jämtland Härjedalen
- Hardware delivery completed to Northern Ireland Ambulance Service
- Hardware delivery completed to South Western Ambulance Service
- The next phase in the integration project with Cambio Cosmic has been initiated
- Fredrik Hovbäck has been recruited as new CFO replacing Lars Höst, who leaves the company
Highlights post-period end
- Ortivus and SCHILLER AG sign a distribution agreement covering the Nordic market
- Mehrdad Rastju has been recruited as delivery manager and will become a part of the leadership team
April – June 2020
- Net sales amounted to 40.2 (11.8) MSEK, which is an increase in sales of 242%
- Operating profit cleared for comparative distortion items amounted to 6.9 (-2.0) MSEK. Operating profit, including comparative distortion items, amounted to 6.9 (-4.6) MSEK
- EBITDA cleared for comparative distortion items, amounted to 7.6 (-0.5) MSEK. EBITDA including comparative distortion items, amounted to 7.6 (-3.0) MSEK
- Profit after tax was 6.9 (-4.7) MSEK
- Earnings per share after tax and before and after dilution amounted to 0.15 (-0.13) SEK
January – June 2020
- Net sales amounted to 60.4 (23.3) MSEK, which is an increase in sales of 159%
- Operating profit cleared for comparative distortion items, amounted to 8.0 (-5.1) MSEK. Operating profit including comparative distortion items, amounted to 8.0 (-10.4) MSEK
- EBITDA cleared for comparative distortion items, amounted to 9.4 (-1.9) MSEK. EBITDA including comparative distortion items, amounted to 9.4 (-7.2) MSEK
- Profit after tax was 7.9 (-10.7) MSEK
- Earnings per share after tax and before and after dilution, amounted to 0.18 (-0.32) SEK
| Amount in KSEK | Apr-Jun 2020 | Apr-Jun 2019 | Jan-Jun 2020 | Jan-Jun 2019 | Jan-Dec 2019 |
| Net sales | 40 208 | 11 760 | 60 369 | 23 340 | 50 848 |
| Gross margin, % | 28% | 44% | 34% | 41% | 41% |
| Operating profit, excl. comparative distortion items |
6 883 | -1 999 | 7 996 | -5 137 | -10 197 |
| Operating margin, % excl. comparative distortion items |
17% | -17% | 13% | -22% | -20% |
| EBITDA, excl. comparative distortion items |
7 637 | -463 | 9 412 | -1 917 | -3 271 |