Revenio Group Oyj

REG1V

Equity

ISIN FI0009010912 / Valor 1304192

NASDAQ Helsinki Ltd, Equities (2024-11-22)

EUR 27.00-2.81%

Revenio Group Oyj
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About company

Revenio Group Oyj is a prominent player in the global market for ophthalmological devices and software solutions, specializing in intraocular pressure measurement devices, fundus imaging devices, perimeters, and clinical software under the iCare brand. The company's ophthalmic diagnostic solutions are designed to provide physicians with fast, easy-to-use, and reliable tools for the diagnosis of various eye conditions such as glaucoma, diabetic retinopathy, and macular degeneration. With a focus on innovation and quality, Revenio Group Oyj is a trusted partner in the field of ophthalmic diagnostics.

Summarized from source with an LLMView SourceSector: Technology

Net Sales Growth

In the second quarter of 2024, Revenio Group Oyj reported net sales totaling EUR 25.4 million, marking a 14.2% increase from the same period in the previous year. The currency-adjusted growth of net sales for this period was 13.5%, indicating a strong performance in their sales operations.

Operating Profit

Revenio Group Oyj's adjusted operating profit for Q2/2024 was EUR 6.0 million, or 23.5% of net sales, which is an 8.9% increase compared to the previous year. However, the reported operating profit was EUR 5.3 million, up by 12.6%, but was affected by write-offs of non-strategic capitalizations amounting to EUR 0.73 million.

EBITDA Performance

The EBITDA for Revenio Group Oyj in Q2/2024 was EUR 7.1 million, representing 27.8% of net sales. This is a significant increase of 25.6% compared to the same quarter in the previous year, showcasing strong operational efficiency and profitability.

Net Cash Flow

Revenio Group Oyj reported a net cash flow from operations of EUR 6.5 million in Q2/2024, a substantial improvement from the negative EUR 0.2 million in the same period last year. This increase was driven by year-on-year improvements in net profit and changes in working capital.

Earnings Per Share

For the second quarter of 2024, Revenio Group Oyj's earnings per share were EUR 0.155, up from EUR 0.122 in the same period of the previous year. This reflects the company's improved profitability and effective financial management during the quarter.

Summarized from source with an LLMView Source

Key figures

9.76%1Y

-52.0%3Y

3.45%5Y

Performance

35.6%1Y

40.2%3Y

40.0%5Y

Volatility