Promimic (Stockholm:PRO) Q2 2025 Earnings Call

0:00 Hello and welcome to our presentation of the second quarter of 2025. A quarter with new customers, new product approval and updated strategic goals. Magnus, would you like to comment? Yes, during the quarter we have signed four new customer agreements. And if we look at the half-year, we have signed six new customer agreements. As a result, we come back to the original plan to sign at least four agreements every year. This is the basis for a continued strong growth for Promimic. During this period, our customers have also received nine new approved products on the market. This means that together we have a total of 68 products on the market approved with our technology.

0:55 Can you comment on the figures? Yes, of course. Our sales ended up at 11.3 million kronor or 12.3 million kronor, which gives 3% growth in the quarter. The result for deductions was 69,000 kronor positive and the cash flow has improved compared to the corresponding period of 2024 and ended up at minus 5.2 million kronor. Income from implantation, i.e. royalties, licenses and processing, ended at 8.8 million SEK and income from products, i.e. liquidation and customer development, ended at 2.5 million SEK.

1:40 Magnus, can you tell us a little more about our updated goals? Yes, it can be done. When we went to the stock exchange in 2022, we presented long-term strategic goals. We now see that it will be a big challenge to achieve these goals in the current market conditions. Therefore, we have updated our strategic goals. From now on, we expect an average annual growth of more than 25%. And we maintain our profitability targets of an EBITDA margin of over 40%. We will not give any absolute statements from specific years, but we will focus on growth in our business.

2:25 We will also have a continued focus on the USA. We will expand with new applications and new market segments. And we will continue to work with to optimize the business and also commercialize our new research areas. Very good. We continue our journey and we hope to see you here this year. Thank you for watching.