Raytelligence
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Raytelligence (RAYTL) investor relations material

Raytelligence has been delisted

Raytelligence Q1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2025 earnings summary5 Jun, 2025

Executive summary

  • Revenue for Q1 2025 was SEK 0, down from SEK 51,000 in Q1 2024; net loss improved to SEK -1,027,000 from SEK -1,819,000 year-over-year.

  • The CEO, Ben Hedenberg, passed away in April 2025; Robert Grimberg was appointed as the new CEO.

  • The company is focusing on advisory assignments and exploring strategic options, including mergers and reverse acquisitions.

Financial highlights

  • Net sales for Q1 2025 were SEK 0; total revenue was SEK 0, with an operating loss of SEK -1,028,000.

  • Earnings per share after tax were SEK -0.057, compared to SEK -0.002 in Q1 2024.

  • Cash and cash equivalents at March 31, 2025, were SEK 46,000, down from SEK 152,000 a year earlier.

  • Equity at March 31, 2025, was SEK -974,000, with an equity ratio of -60.8%.

  • No investments or depreciation were recorded during the period.

Outlook and guidance

  • The board believes the right steps have been taken to identify new business opportunities and sees good future prospects, but no formal forecast is provided.

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Frequently asked questions

Raytelligence AB is a Swedish company founded in 2015 by Peter Martinson and Pelle Viberg, specializing in the development and manufacture of radar sensors for various sectors, including healthcare, industry, and fitness. The company's vision centers on using cutting-edge radar technology to enhance the safety and care of the elderly and chronically ill, as well as to provide effective tools for care providers. Its product portfolio includes sensors for level measurement, object detection, and activity monitoring, such as the Radsenz series for industrial applications and the easenze ONE for healthcare, specifically designed for fall and activity detection in elderly care without violating privacy. The company is headquartered in Halmstad, Sweden, and its shares are listed on the Stockholm Stock Exchange.