Q3 2024 Mentice AB Earnings Call Transcript

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Nov 07, 2024

Nov 07, 2024 / 09:00AM GMT
Richard Engberg - Carnegie - Equity Research Analyst

Good morning and welcome everyone. My name is Richard Engberg and I'm an equity research analyst here at Carnegie. With me, I have Göran Malmberg, CEO of Mentice and Ulrika Drotz Voksepp, CFO of Mentice who are going to present the third quarter.

Welcome.

Göran Malmberg - Mentice AB - CEO

Thank you.

So nice to be here. So I will dive right into the presentation.

So yeah, Ulrika Chief Financial Officer here.

So dive in so the third quarter, not entirely where we wanted, but still, I mean, slightly below last year. But we should also remember that this is on the back end of a record high second quarter. As a consequence of the top line. Obviously, the the profitability is also lower than, than expected where we had a negative FDA in the quarter. But a break even for the full year so far. We also have a positive cash flow, positive operational cash flow for year-to-date while negative in the quarter. And we should also remember, we talk about that a bit

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