Dignitana AB Publishes Q4 2022 Interim Report

Focused growth of 25 percent: Scaling up with a commitment to patients

Financial highlights Q4 2022
  • Net sales amounted to 20.2 MSEK (16.2), an increase of 25 percent over the same period in 2021.
  • Operating result amounted to -10.9 MSEK (-11.4).
  • Net result after financial items amounted to -12.9 MSEK (-11.8).
  • Earnings per share were -0.17 SEK (-0.10).
  • Cash Balance amounted to 8.9 MSEK (14.5).
  • Average Daily Treatment Revenue (ADTR)* was 229 TSEK (155), an increase of 48 percent over the same period in 2021.

Financial highlights January - December 2022

  • Net sales amounted to 73.0 MSEK (57.1), an increase of 28 percent over the same period in 2021.
  • Operating result amounted to -20.6 MSEK (-41.6).
  • Net result after financial items amounted to -22.4MSEK (-43.1).
  • Earnings per share were -0.34 SEK (-0.66).
Significant events during the period
  • In October Dignitana announced a directed share issue of approximately 25 MSEK.
Business highlights during the period
  • Dignitana appointed the Nomination Committee for the 2023 Annual General Meeting.
  • Dignitana CEO Catarina Löwenadler was featured at the Aktiespararna Women’s Night in Stockholm. • In November Dignitana was featured at Stora Aktiedagen in Stockholm.
  • Dignitana appointed Johan Johansson as VP Operations, Research and Development.
Business highlights after the period
  • Dignitana’s prominent visibility in the breast cancer community continued with the Susan G. Komen® More Than Pink Walk in West Palm Beach, Florida.

Key Figures
DIGNITANA GROUP Q4 2022 Q4 2021 Full year 2021 Full year 2021
Net sales, TSEK 20,245 16,213 72,995 57,073
Total revenues, TSEK 21,421 17,322 83,849 62,376
Net profit after financial items, TSEK -11,996 -11,836 -22,396 -43,077
Cash and bank balances, TSEK 8,869 14,501 8,869 14,501
Earnings per share before and after dilution, SEK -0.17 -0.18 -0.34 -0.66
Average Daily Treatment revenue*, TSEK 229 155 203 147

*ADTR includes pay-per-treatment revenue from patients and facilities in the U.S. Does not include lease revenue or disposable sales.

"Patient satisfaction fuels the passion of our team, keeping us laser-focused on continuing to grow Dignitana to its full potential."  - Catarina Löwenadler, CEO Dignitana AB

All financial reports are available at www.dignitana.com/investor-relations/financial-reports/

This disclosure contains information that Dignitana AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 16-02-2023 08:00 CET.

For More Information Contact 

Melissa Bourestom, Chief Communications Officer,  melissa.bourestom@dignitana.com  +1 469-518-5031

About Dignitana

Dignitana AB is the world leader in clinically superior scalp cooling technology. The company produces The DigniCap® Scalp Cooling System, a patented medical cooling device that offers cancer patients the ability to minimize hair loss during chemotherapy. FDA cleared since 2015, DigniCap provides continuous cooling with high efficacy, safety and patient comfort. Hailed internationally as a life-changing medical advancement for cancer patients, The DigniCap Scalp Cooling System was invented in 1999 by a Swedish Oncology nurse and has been available in Europe since 2001.  Dignitana AB is listed on Nasdaq First North Growth Market in Sweden with headquarters in Lund, Sweden and US operations based in Dallas, Texas in the United States.  Company subsidiaries are Dignitana, Inc. in the United States and Dignitana S.r.l. in Italy. Certified Adviser is Redeye AB. Learn more at www.dignitana.com or www.dignicap.com