OssDsign AB (publ) (OSSD) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

growth strategy called scale to profit, and we raised almost 160 million, which means that the company is now sufficiently capitalized to put in place the resources necessary to execute our current growth plans and deliver positive cash flow. I'll now hand you over to Anders to walk you through the financial results for the quarter before I'll come back and spend some more time on our clinical programs and evidence, as well as our commercial progress and strategy going forward. Thank you, Morten. As Morten mentioned, we continue to see high growth in the company during the quarter. Organic growth of 73% compared to the same period last year. So on an underlying basis, you might say. On a reported basis, the growth came in at 56%. And this was driven, as you know, by a strong US dollar foreign exchange headwind. We did see quite a lot of sales coming in the last day or two of the quarter. We always see some of that, but more so than usual this time, as there were some customers ordered slightly earlier than normal. So the numbers reported are slightly inflated as these sales would normally fall in the next quarter. Now, how to say exactly, but our estimation is that it's approximately 1.5 million sec or equivalent to approximately 5% growth we're talking about here. If we turn to the first six months, we show an organic growth of 66% and 60% on a reported basis. So not such a large spread. And this is because the dollar was still very strong for most of the first quarter. as we've also said before the growth will not necessarily be linear it will take more of a form of a staircase where we increase accounts and users in one quarter and then may slow down somewhat in the following quarter as we get the new customers up and running and and then we increase again and thi...