January 1 – June 30, 2015
The second quarter in figures
· Total net sales amounted to TSEK 918 (258).
· The loss after tax amounted to TSEK 10,939 (11,552).
· The loss per share amounted to SEK 1.80 (2.32).
· The cash flow from current operations was negative in the amount of
TSEK 13,858 (7,959).
The half-year in figures
· Total net sales amounted to TSEK 1,975 (322).
· The loss after tax amounted to TSEK 20,118 (20,564).
· The loss per share amounted to SEK 3.63 (4.13).
· The cash flow from current operations was negative in the amount of
TSEK 23,055(18,209).
Important events during the quarter
· In April, SciBase announced its intention to launch an Initial Public
Offering and listing on Nasdaq First North.
· At an Extraordinary General Meeting on April 28, resolutions were taken to:
- introduce a share-based incentive program,
- consolidate shares and reduce the share capital,
- authorize the Board to make decisions regarding new share issues
· The Company completed a rights issue that raised MSEK 165 before issue
costs. The Offering was significantly oversubscribed, resulting in a
substantially broadened shareholder base consisting of both institutions and
private shareholders. .
· The Company’s shares were listed on Nasdaq First North on June 2nd.
· Vinnova granted MSEK 3.9 for the development of the next generation device
to SciBase and KTH.
· In April, an exclusive distributor agreement for the Austrian market was
signed with Intramed Handels GesmbH.
· The Company expanded its sales resources in Germany.
· In April, SciBase established a Scientific Advisory Board consisting of
international experts in the field of skin cancer
· The Company received an additional US patent approval.
Important events after the end of the period
· The Company announced that Pareto Securities has exercised the possibility
to, in connection with the initial public offering of SciBase Holding AB (publ)
(“SciBase”), carry out stabilization-like transactions.
Financial overview
July 1
2014 -
Apr 1 Jan 1 Jun 30 Jan 1 -
- Jun - Jun 2015 Dec 31
30 30
THE GROUP 2015 2014 2015 2014 Rolling 2014
-12
Net sales, SEK ths 918 258 1 975 322 3 253 1 600
Gross margin, % -34,5% -10,1% -14,6% -11,2% -25,5% -36,0%
Equity/Asset ratio, % 91,4% 84,8% 91,4% 84,8% 91,4% 78,5%
Net indebtness, multiple 0,09 0,18 0,09 0,18 0,09 0,27
Cash equivalents, SEK ths 165 46 165 46 165 595 27 566
595 903 595 903
Cashflow from operating -13 -7 -23 -18 -41 923 -37 077
activities, SEK ths 858 959 055 209
Earnings per share (before -1,80 -2,32 -3,63 -4,13 -7,26 -7,78
and after dilution), SEK*
Shaeholder's equity per 27,41 10,20 30,13 10,20 31,71 6,55
share, SEK*
Average number of shares, 6 085 4 985 5 535 4 983 5 260 4 984
000'*
Number of shares at closing 8 285 4 985 8 285 4 985 8 285 4 985
of period, 000'*
Average number of employees 13 11 14 11 13 12
*Adjusted for in May 2015
performed reversed split,
40:1
For further information please contact:
Simon Grant, CEO, tele : 46 72 887 43 99
Michael Colérus, CFO, tele : 46 70 341 34 72
About SciBase and Nevisense
SciBase AB is a Swedish medical technology company, headquartered in Stockholm
that has developed a unique point-of-care device for the accurate detection of
malignant melanoma. Its product, Nevisense, helps doctors to detect malignant
melanoma, the most dangerous type of skin cancer. SciBase was founded by Stig
Ollmar, Associate Professor at The Karolinska Institute in Stockholm, Sweden.
Nevisense is based on substantial research and has achieved excellent results in
the largest clinical study ever conducted on the detection of malignant
melanoma. Nevisense is CE marked in Europe, has TGA approval in Australia, and
is awaiting FDA clearance in the United States. Nevisense is based on a method
called Electrical Impedance Spectroscopy (EIS), which uses the varying
electrical properties of human tissue to categorize cellular structures and
thereby detect malignancies. SciBase is listed on Nasdaq First North ("SCIB").
Avanza is Certified Adviser. Further information is available on
www.scibase.com.
Interim report
| Quelle: Scibase Holding AB