Johan Lööf
Research Founder and CEO
Replay available
RaySearch Laboratories AB (publ) (RAY_B) Q1 2025 Earnings Call
RaySearch Laboratories AB (publ) (STO: RAY_B) Q1 2025 earnings conference call, held 2025-05-09. Replay captured from the company's public earnings webcast.
Hosted by
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Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Raysearch Laboratories Ab Class B.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.141 Hello and welcome to the presentation of Research Interim Report for the first 00:00:05.141 -- 00:00:08.308 quarter of 2025. My 00:00:08.308 -- 00:00:12.456 name is Henrik Preyfors and I will be the moderator today. 00:00:12.456 -- 00:00:17.968 Joining us in today's call is Johan Lööf, Research Founder and CEO, 00:00:17.968 -- 00:00:21.711 and Nina Grönberg, our CFO. 00:00:27.217 -- 00:00:32.802 Johan and Nina will give you a brief summary of the quarter, including the financials, 00:00:32.802 -- 00:00:36.245 and after that, we open up for questions. 00:00:36.245 -- 00:00:41.270 I also want to remind you that this session is being recorded, and you will be 00:00:41.270 -- 00:00:44.893 able to find it on our website in the upcoming days. 00:00:44.893 -- 00:00:49.698 With that, I hand it over to you, Johan. Please go ahead. 00:00:49.698 -- 00:00:55.681 Thank you, Henrik. I would also like to welcome all of you to today's webcast. 00:00:57.068 -- 00:01:02.814 I'm happy to announce that our sales for the first quarter were our highest ever, 332 00:01:02.814 -- 00:01:08.139 million Swedish crowns. Compared with the same period of 2024, the increase 00:01:08.139 -- 00:01:10.800 was 29%. Operating 00:01:11.963 -- 00:01:17.188 profit was 75 million, corresponding to an operating margin of 23%. 00:01:17.188 -- 00:01:18.770 The 00:01:18.770 -- 00:01:24.316 improved margin was mainly driven by increased license revenue, which amounted to 165 00:01:24.316 -- 00:01:26.245 million, 00:01:26.245 -- 00:01:31.331 Because of the political turbulence in the US, operating profit was affected more than 00:01:31.331 -- 00:01:35.213 usual by exchange rate fluctuations. 00:01:35.355 -- 00:01:40.781 Excluding those, operating profit would have been 95 mill...