Interim report January – March 2026: A solid start to the year

Summary by AI BETAClose X

Surgical Science Sweden AB reported a decrease in net sales for the first quarter of 2025 to SEK 235.5 million, down 6 percent from the prior year, although local currency sales increased by 4 percent. License revenue fell to SEK 67.6 million, representing 29 percent of net sales, and the gross margin declined to 66 percent. Operating profit was SEK 22.9 million, and net profit decreased to SEK 18.6 million, resulting in earnings per share of SEK 0.37. However, cash flow from operating activities significantly improved to SEK 65.3 million, and cash and cash equivalents stood at SEK 667.7 million as of March 31, 2026.

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First quarter 2025 (Jan–Mar)

Net sales amounted to SEK 235.5 (250.7) million, a decrease of 6 percent compared with the corresponding period in the preceding year. Calculated in local currencies, sales increased by 4 percent.

License revenue amounted to SEK 67.6 (83.8) million and accounted for 29 (33) percent of net sales.

The gross margin was 66 (69) percent.

Operating profit amounted to SEK 22.9 (23.9) million.

Net profit amounted to SEK 18.6 (33.2) million, corresponding to earnings per share of SEK 0.37 (0.65).

Cash flow from operating activities amounted to SEK 65.3 (-5.0) million. As at March 31, 2026, cash and cash equivalents amounted to SEK 667.7 (612.9) million.

Gothenburg, Sweden, May 20, 2026
Surgical Science Sweden AB (publ)

This report, in its entirety, is available through the attachment or via:
https://surgicalscience.com/investor-relations/#press-releases
https://surgicalscience.com/aktien/financial-report

This is a translation of the Swedish version of the interim report. When in doubt, the Swedish wording prevails.

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