Photocure ASA: Results for the fourth quarter of 2022
Retrieved on:
Thursday, February 23, 2023
Photocure reported total group revenues of NOK 104.2 million in the fourth quarter of 2022 (NOK 94.5 million), and an EBITDA* of minus NOK 16.9 million (NOK -5.5 million).
Key Points:
- Photocure reported total group revenues of NOK 104.2 million in the fourth quarter of 2022 (NOK 94.5 million), and an EBITDA* of minus NOK 16.9 million (NOK -5.5 million).
- The Hexvix/Cysview revenues ended at NOK 94.9 million in the quarter (Q4 2021: NOK 94.2 million).
- The EBIT was NOK -23.1 million (NOK -11.5 million) and the cash balance at the end of the third quarter 2022 was NOK 268.1 million.
- Even with the unprecedented number of new Saphira and flexible BLC installations in the fourth quarter, the demand for blue light capital equipment remains strong," Schneider adds.