Q1 2025 Medistim ASA Earnings Call Transcript

May 9, 2025 / 07:00 AM GMT
Release Date Price: kr197.5 (+17.56%)

Key Points

Positve
  • Medistim ASA (FRA:MD1) reported a record-breaking quarter with revenues reaching 181.5 million NOK, marking a 35.7% growth compared to the previous year.
  • The company achieved an 84% increase in operating profit, driven by strong growth in its own product sales.
  • Sales in the Asia Pacific region surged by almost 63%, showcasing significant market expansion.
  • The company declared a dividend payout of 6 NOK per share, totaling 109.6 million NOK, reflecting strong financial health.
  • Medistim ASA (FRA:MD1) has strengthened its commercial operations with organizational changes, aiming to optimize strategies and share best practices across regions.
Negative
  • Despite strong profits, cash flow from operations was only 18.8 million NOK, impacted by pre-payment of taxes and increased working capital.
  • The company experienced a negative net finance result of just under 2.5 million NOK due to currency fluctuations.
  • Inventory levels increased, particularly for third-party products, due to ongoing projects like equipping a new hospital, which may affect short-term cash flow.
  • Accounts receivable increased by 23 million NOK, reflecting the rise in sales but also indicating potential collection challenges.
  • The recurring revenue percentage decreased slightly to 67.7% this quarter, influenced by high capital sales, which may affect future revenue stability.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MEDI.OL - Medistim ASA
Q1 2025 Medistim ASA Earnings Call
May 09, 2025 / 07:00AM GMT

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Presentation
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Unidentified_1 [1]
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Very good morning and welcome to Medicine's first quarter 2025 Resolve presentation.

My name is Karista, and together with the CFO Thomas Jacobsen, we are going to take you through the first quarter's results.

And we will start with the highlights, but before that, we like to also remind everyone on Medicine's track record, which has been very positive, showing a consistent delivery of sales growth, profitable sales growth over the years.

And as the last 12 months, 2025 columns are indicating, we can already from this graph disclose that Q1 was a very strong start to 2025 for the company.

So let's go directly into the highlights for the 1st quarter.

So This is really a quarter when the business is
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