Raytelligence (RAYTL) Q4 2024 earnings summary

Executive summary

• Reported operating loss of -772 TSEK for Q4 2024 and -3,389 TSEK for the full year; net loss after tax was -730 TSEK for Q4 and -3,349 TSEK for the year.

• Earnings per share were -0.038 SEK for Q4 and -0.008 SEK for the year; equity per share at year-end was 0.13 SEK.

• No dividend proposed for 2024.

Financial highlights

• Net sales increased to 204 TSEK in Q4 2024 from 43 TSEK in Q4 2023; full year net sales rose to 774 TSEK from 334 TSEK year-over-year.

• Adjusted operating expenses for the year were -3,389 TSEK, down from -69,915 TSEK in 2023.

• Cash flow from operating activities was -149 TSEK for the year, with cash and cash equivalents at 304 TSEK at year-end.

• Equity ratio improved to 56.5% at year-end from 36.2% a year earlier.

Outlook and guidance

• Management is considering options to enable distribution of shares in High Speed Interconnects International AB to shareholders, including strengthening the balance sheet.

• Upcoming interim reports scheduled for May, August, and November 2025; AGM planned for May 21, 2025.