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Redeye: PMD Solutions - PMD is approaching a cash-positive run rate before 2025

Promore PharmaPress release27.08.2024, 10.34

PMD Device Solutions (“PMD”) has consolidated the US acquisition and a combination of cost control and organic growth allows PMD to aim for a cash-positive run-rate before the end of 2024 whilst setting an target to reach SEK 260m in ARR by 2026. The near term challenge is to extend the growth rate and to manage limited access to growth capital.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

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PMD Solutions - PMD is approaching a cash-positive run rate before 2025