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RLS Global AB (publ) Year-end Report, Q4, 2022

RLS GlobalSelskabsmeddelelse28.02.2023, 08.30
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OCTOBER 1st - DECEMBER 31st (previous year in brackets)
  • Net sales amounted to TSEK 291 (TSEK 219)
  • Earnings before interest and taxes (EBIT) amounted to MSEK -7,9 (MSEK -7,8)
  • Earnings per share after dilution at SEK -0,10 (SEK 0,09)
  • Cash flow from operating activities amounted to TSEK -5 779 (TSEK -4 887)
  • Liquid assets at the end of the period MSEK 20,5 ( MSEK 11,5)
  • Equity ratio was 83 % (75 %)
JANUARY 1st - DECEMBER 31st (previous year in brackets)
  • Net sales amounted to TSEK 1 198 (TSEK 653)
  • Earnings before interest and taxes (EBIT) amounted to MSEK -24,3 (MSEK 11,0)
  • Earnings per share after dilution at SEK -0,3 (SEK- 0,14)
  • Cash flow from operating activities amounted to TSEK -23 569 (TSEK -8 353)
  • Liquid assets at the end of the period MSEK 20,5 (MSEK 11,5)
  • Equity ratio was 83 % (75 %)
SUMMARY OF EVENTS DURING FIRST QUARTER
  • RLS Global's notified bodies perform quality audits (ISO 13485 and MDD) without remarks
  • Karin Fischer hands in her resignation
  • Convatec is taking over the agreements with Swedish customers
  • ChloraSolv is now delivered to the Convatec central warehouse on a regular basis
  • ChloraSolv is reimbursed in the Netherlands
SUMMARY OF EVENTS DURING SECOND QUARTER
  • Annual General Meeting is held May 19
  • RLS signs distribution contract for Middle East
  • RLS introduces ChloraSolv for the animal segment in Scandinavia by signing distribution contract with Swevet
  • ChloraSolv is approved for leg ulcers in Kuwait
SUMMARY OF EVENTS DURING THIRD QUARTER
  • An article regarding ChloraSolv is published in Journal of Wound Care
  • RLS Global strengthens its solvency by transforming a loan to share capital

 

SUMMARY OF EVENTS DURING FOURTH QUARTER
  • Björn Larsson starts as CEO
  • RLS carries out a new share issue (rights issue) and thereby raises SEK 26.8 million in cash and cash equivalents after issue costs
  • The Swedish Medicines Agency approves RLS' application for a clinical study regarding pressure ulcers
  • RLS takes part in the conference Wounds UK in Harrogate, England
SUMMARY OF EVENTS AFTER FOURTH QUARTER
  • An extra General Meeting is held February 9, 2023
  • Lars Johansson is elected as Chairman of the Board
  • RLS visits Arab Health, a global health conference in the Middle East and performs on-site distributor meetings and training sessions

The Year-end Report Q4, 2022, is enclosed and is also available here. (https://rls.global/wp-content/uploads/2023/02/RLS_Global_Q4_2022_EN.pdf)

Publication
This information was submitted for publication through the agency of the below contact person, at 08.30 CET on Feb 28th 2023.