)

PMD Device Solutions (PMDS) investor relations material
PMD Device Solutions Q3 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Q3 2024 marked a transitional period with revenue and EBITDA impacted by sales reorganisation in Ireland and integration of Coala Life Inc.
Strategic initiatives included a rights issue, US business reorganisation, and European operational restructuring to drive long-term growth.
Focus remains on core product RespiraSense, with divestment of Coala Life Monitor to streamline resources.
Operational efficiencies and growing adoption of RespiraSense are expected to support positive cash flow by end of 2024.
Financial highlights
Net sales for Q3 2024 were KSEK 8,017, down 35.1% sequentially and 9% year-over-year.
Gross margin decreased to 75.5% from 78.5% year-over-year and 77% sequentially.
EBITDA loss widened to KSEK -8,898 from KSEK -8,002 in Q2 2024 and KSEK -3,864 in Q3 2023.
Net loss for Q3 2024 was KSEK -11,838, compared to KSEK -7,872 in Q3 2023.
Cash and cash equivalents at quarter-end were KSEK 970, down from KSEK 1,248 at the start of the quarter.
Outlook and guidance
Targeting positive cash flow by end of 2024, supported by operational efficiencies starting January 2025.
Ambitious ARR target of SEK 260M by 2026, with growth in Germany expected from late 2025 or early 2026.
Forecasts compound annual growth rates above 30% from 2023 to 2026 and at least 10 pilots in Germany and the US by end of 2025.
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage