CellaVision AB (OTCPK:CLVSF)

$ 25.905 0 (0%) Market Cap: 476.81 Mil Enterprise Value: 467.45 Mil PE Ratio: 37.36 PB Ratio: 7.30 GF Score: 100/100

Q3 2022 CellaVision AB Earnings Call Transcript

Oct 26, 2022 / 09:00AM GMT

Release Date Price: $22.46 (-14.21%)

Transcript

Operator

Welcome to the CellaVision Audiocast with Teleconference Q3 2022. (Operator Instructions) Today, I am pleased to present CEO, Simon Ostergaard; and CFO, Magnus Blixt.

Speakers, please begin.

Simon Ostergaard;publ;CEO;President

CellaVision AB

()-&

Thank you very much, and thank you, everyone, out there listening in to hear about our third quarter highlights. I think we can get right into it. So if we take the next slide. That's perfect.

So the third quarter of this year has been a challenging quarter, and I will do my best to explain the underlying drivers behind our numbers. We did have some external challenges affecting our results. So we ended up Q3 with SEK 141 million in revenue, which represents a 7% growth. However, adjusted for currency effects, we had a negative 3%, and that is primarily due to the 10% positive contribution from the U.S. or 10% mainly from the U.S. dollar.

This results in an EBITDA of SEK 29 million, which is at 21%, which is obviously lower than our normal

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