RaySearch Laboratories AB (publ)

RaySearch Laboratories AB (publ)

RAY-B · ST · Healthcare / Health Information Services

179.30SEK+3.30 (+1.88%)

Price History

Full chart

Market Stats

Previous Close176.00
Open175.90
Day Range175.70 – 180.10
52-Week Range153.10 – 259.02
Volume96.40K
Market Cap5.39B
P/E (TTM)29.05
Forward P/E31.15
EPS6.23
Dividend Yield2.21%
Beta0.92
50-Day Avg179.22
200-Day Avg196.72

About

RaySearch Laboratories AB (publ), a medical technology company, provides software solutions for cancer treatment worldwide. It offers RayStation, a treatment planning system for cancer centers; RayCare, an oncology information system for clinics; RayIntelligence, cloud-based oncology analytics system that cancer centers can use to gather, structure and analyze data; and RayCommand, a treatment control system designed to link the treatment machine and the treatment planning and oncology information systems. It also provides µ-RayStation* (Micro-RayStation), a software platform for planning and evaluation in small animal irradiation research; RayPlan, a treatment planning system; DrugLog, which verifies the identity and concentration of compounded injectables before administered to a patient; RayMigrate, allows users to convert Pinnacle patient data to RayStation format and/or to DICOM format; Machine Learning; and Liver Ablation Solutions. The company was founded in 2000 and is headquartered in Stockholm, Sweden.

Company Details

  • SectorHealthcare
  • IndustryHealth Information Services
  • CEODr. Johan Lof Ph.D.
  • Employees464
  • HeadquartersEugeniavAegen 18 C, Stockholm, Sweden, 113 68, Sweden
  • Websitehttps://www.raysearchlabs.com

Leadership

  • Dr. Johan Lof Ph.D.Founder, CEO, President & Director · b. 1969
  • Mr. Bjorn HardemarkDeputy Chief Executive Officer · b. 1977
  • Ms. Nina GrönbergChief Financial Officer · b. 1978
  • Mr. Kjell ErikssonChief Science Officer · b. 1973
  • Ms. Carolina Haglund StromlidHead of Investor Relations · b. 1972
  • Ms. Petra JanssonGeneral Counsel · b. 1973
  • Mr. Peter KemlinDirector of Sales & Marketing · b. 1974
  • Ms. Jenna StyanDirector of Corporate Development & Strategy
  • Ms. Tove AlteborgGlobal Human Resource Manager · b. 1980
  • Mr. Fredrik LofmanHead of Machine Learning · b. 1978

Financials

Income Statement

Currency: SEK2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue22.14M39.48M69.86M68.98M64.70M62.69M83.69M117.73M126.10M182.09M204.47M285.22M397.60M531.47M585.09M627.22M741.58M651.61M641.67M843.65M1.02B1.19B1.34B
Growth (%)-+78.28%+76.94%-1.26%-6.19%-3.11%+33.49%+40.68%+7.11%+44.40%+12.29%+39.49%+39.40%+33.67%+10.09%+7.20%+18.23%-12.13%-1.53%+31.48%+21.16%+16.62%+12.77%
Cost of Revenue1.75M1.24M1.12M849.00K863.00K661.00K1.01M92.00K442.00K3.03M6.06M11.63M23.69M26.87M36.65M56.02M72.36M43.37M50.40M94.99M106.58M99.49M392.90M
Gross Profit20.39M38.24M68.73M68.13M63.84M62.03M82.67M117.64M125.66M179.06M198.41M273.59M373.91M504.60M548.44M571.20M669.22M608.24M591.28M748.66M915.58M1.09B951.40M
Gross Margin92.08%96.86%98.40%98.77%98.67%98.95%98.79%99.92%99.65%98.34%97.04%95.92%94.04%94.94%93.74%91.07%90.24%93.34%92.15%88.74%89.57%91.65%70.77%
Operating Expense23.49M23.44M29.13M34.59M38.06M40.97M41.81M77.76M98.04M156.51M224.13M194.23M278.57M305.04M388.77M501.59M601.05M611.70M643.91M705.91M800.70M832.04M629.60M
Operating Income-3.10M14.80M39.61M33.54M25.78M21.06M40.86M39.87M27.62M22.55M-25.72M79.36M95.34M199.56M159.67M69.61M68.17M-3.47M-52.64M42.74M114.88M260.49M321.80M
Operating Margin-13.99%37.50%56.70%48.63%39.84%33.59%48.83%33.87%21.91%12.38%-12.58%27.82%23.98%37.55%27.29%11.10%9.19%-0.53%-8.20%5.07%11.24%21.85%23.94%
EBITDA9.00M15.04M45.29M40.85M28.35M24.16M41.29M40.13M62.97M68.60M28.13M133.67M145.62M266.93M230.83M112.97M138.31M75.82M197.36M340.85M405.94M571.28M612.80M
EBITDA Margin40.66%38.10%64.83%59.23%43.82%38.53%49.34%34.08%49.93%37.67%13.76%46.87%36.62%50.23%39.45%18.01%18.65%11.64%30.76%40.40%39.71%47.93%45.59%
Net Income-5.02M12.90M29.14M36.22M19.78M18.22M30.15M28.89M17.01M19.86M-20.84M59.83M70.21M151.41M117.63M78.52M50.41M-9.08M-47.31M23.78M81.57M203.51M227.80M
Net Income Margin-22.68%32.68%41.72%52.51%30.57%29.07%36.02%24.54%13.49%10.91%-10.19%20.98%17.66%28.49%20.10%12.52%6.80%-1.39%-7.37%2.82%7.98%17.07%16.95%
R&D3.30M10.80M11.05M11.56M24.23M29.18M24.72M53.50M57.58M78.66M90.72M95.07M101.51M93.21M104.30M147.69M174.67M185.04M233.44M238.77M237.74M269.38M50.70M
R&D as % of Total Revenue14.91%27.36%15.82%16.76%37.44%46.55%29.54%45.44%45.66%43.20%44.37%33.33%25.53%17.54%17.83%23.55%23.55%28.40%36.38%28.30%23.26%22.60%3.77%
Interest Expense48.00K80.00K1.07M19.00K310.00K49.00K4.00K3.00K29.00K36.00K97.00K973.00K2.13M1.51M4.14M3.98M6.82M5.75M6.04M11.48M9.69M9.05M7.80M
Interest Expense % of Total Revenue0.22%0.20%1.53%0.03%0.48%0.08%0.00%0.00%0.02%0.02%0.05%0.34%0.54%0.28%0.71%0.63%0.92%0.88%0.94%1.36%0.95%0.76%0.58%

Balance Sheet

Currency: SEK2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets30.76M45.42M107.18M146.27M173.23M188.09M233.10M255.93M261.00M293.03M299.16M389.75M484.49M717.25M915.06M1.11B1.26B1.28B1.74B1.88B1.95B2.09B1.99B
Total Liabilities10.94M12.69M25.33M28.20M35.38M37.66M48.24M59.16M64.30M75.47M102.56M138.21M164.97M257.07M334.64M447.97M558.76M590.55M1.09B1.22B1.22B1.21B1.01B
Total Equity19.82M32.72M81.85M118.07M137.85M150.44M184.86M196.76M196.70M217.55M196.60M251.55M319.52M460.19M580.42M657.45M705.47M694.35M649.28M657.16M735.23M876.71M985.30M
Cash6.22M8.43M53.61M66.83M79.14M70.64M80.01M75.02M28.70M61.88M38.23M56.09M59.70M87.72M104.16M112.20M113.86M168.75M102.53M160.27M343.68M462.74M407.30M
Total Debt----------1.67M41.10M38.16M61.53M83.78M131.50M170.73M146.31M562.28M556.13M529.36M471.93M394.80M
Net Debt-6.22M-8.43M-53.61M-66.83M-79.14M-70.64M-80.01M-75.02M-28.70M-61.88M-36.56M-14.99M-21.54M-26.19M-20.37M19.30M56.87M-22.44M458.86M395.12M185.68M9.19M-12.50M

Cash Flow

Currency: SEK2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow6.97M12.87M41.39M30.09M37.86M26.05M49.21M62.78M33.85M87.45M31.28M50.27M111.43M120.85M147.48M178.47M320.14M331.51M238.16M356.78M455.93M485.23M387.00M
Investing Cash Flow-5.90M-11.84M-14.64M-16.87M-25.56M-29.54M-43.15M-50.79M-63.09M-54.16M-56.54M-57.84M-103.86M-106.95M-148.13M-223.63M-212.05M-225.59M-237.63M-231.50M-209.33M-217.54M-228.10M
Financing Cash Flow19.00K-13.28M---5.00M3.31M-16.99M-16.99M-1.56M24.34M-3.95M12.29M19.77M46.96M-111.48M-44.02M-72.23M-72.49M-56.35M-159.78M-179.60M
Capital Expenditure5.70M11.93M14.59M17.02M2.16M497.00K1.09M2.40M2.52M54.16M56.54M57.84M103.86M106.95M148.82M223.63M212.05M225.59M255.22M231.50M209.33M217.54M28.10M
Free Cash Flow1.27M945.00K26.81M13.07M35.70M25.55M48.12M60.38M31.33M33.29M-25.26M-7.57M7.57M13.90M-1.34M-45.16M108.10M105.92M-17.06M125.28M246.60M267.69M358.90M
Dividends Paid-----5.64M-16.99M16.99M-8.57M8.57M8.57M8.57M0------68.57M102.80M
FCF to OCF18.27%7.34%64.76%43.43%94.30%98.09%97.79%96.18%92.56%38.06%-80.75%-15.06%6.79%11.50%-0.91%-25.30%33.77%31.95%-7.16%35.11%54.09%55.17%92.74%
Dividend Paid to FCF-----22.07%-28.14%54.23%--33.93%-113.20%113.20%61.66%0.00%------25.61%28.64%

Earnings

Report DateAug 24, 2005Nov 16, 2005Feb 7, 2006May 9, 2006Aug 29, 2006Nov 16, 2006Feb 7, 2007May 8, 2007Aug 29, 2007Nov 16, 2007Feb 5, 2008May 7, 2008Aug 27, 2008Nov 18, 2008Feb 11, 2009May 15, 2009Aug 27, 2009Nov 20, 2009Feb 18, 2010May 11, 2010Aug 27, 2010Nov 12, 2010Feb 18, 2011May 4, 2011Aug 30, 2011Nov 24, 2011Feb 16, 2012May 23, 2012Aug 28, 2012Nov 16, 2012Feb 13, 2013May 16, 2013Aug 27, 2013Nov 27, 2013Feb 12, 2014May 16, 2014Aug 27, 2014Nov 27, 2014Feb 12, 2015May 8, 2015Aug 28, 2015Nov 25, 2015Feb 18, 2016May 12, 2016Aug 25, 2016Nov 18, 2016Feb 17, 2017May 19, 2017Aug 24, 2017Nov 22, 2017Feb 15, 2018May 9, 2018Aug 23, 2018Nov 15, 2018Feb 20, 2019May 9, 2019Aug 20, 2019Nov 14, 2019Feb 14, 2020May 5, 2020Aug 26, 2020Nov 18, 2020Feb 23, 2021May 5, 2021Aug 25, 2021Nov 18, 2021Feb 23, 2022May 18, 2022Aug 29, 2022Nov 29, 2022Feb 28, 2023May 17, 2023Aug 25, 2023Nov 17, 2023Feb 23, 2024May 17, 2024Aug 16, 2024Nov 8, 2024Feb 21, 2025May 9, 2025Aug 8, 2025Nov 7, 2025Feb 12, 2026May 7, 2026Aug 12, 2026Nov 3, 2026
EPS Estimate0.370.400.400.310.230.280.470.310.150.210.250.200.140.040.120.150.130.080.370.340.300.020.310.220.130.130.350.200.19-0.620.20-0.36-0.301.160.290.010.060.830.370.390.591.340.540.580.651.800.920.720.021.600.800.550.370.840.880.53-0.611.080.07-0.30-0.290.740.32-0.13-0.60-0.200.660.310.050.060.390.080.060.730.760.750.651.321.451.001.471.63-0.601.95
EPS Actual0.280.200.240.160.090.240.580.150.160.180.090.090.030.090.320.210.150.010.510.240.270.010.330.05-0.010.260.200.13-0.25-0.040.740.15-0.47-0.440.930.170.000.391.190.73-0.080.420.970.520.840.842.210.770.59-0.032.110.340.600.390.950.500.64-0.220.551.18-0.27-0.76-0.410.21-0.48-0.64-0.470.56-0.580.290.410.510.320.630.921.071.791.321.751.660.902.092.001.550.57-
Surprise-24.32%-50.00%-40.00%-48.39%-60.87%-14.29%23.40%-51.61%6.67%-14.29%-64.00%-55.00%-78.57%125.00%166.67%40.00%15.38%-87.50%37.84%-29.41%-10.00%-50.00%6.45%-77.27%-111.15%100.00%-42.86%-35.00%-231.58%-19.35%-25.00%-30.56%-46.67%-19.83%-41.38%-100.00%550.00%43.37%97.30%-120.51%-28.81%-27.61%-3.70%44.83%29.23%22.78%-16.30%-18.06%-250.00%31.88%-57.50%9.09%5.41%13.10%-43.18%20.75%63.93%-49.07%1585.71%10.00%-162.07%-155.41%-34.38%-269.23%-6.67%-135.00%-15.15%-287.10%480.00%583.33%30.77%300.00%950.00%26.03%40.79%138.67%103.08%32.58%14.48%-10.00%42.18%22.70%--5.00%-
TimingPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursPre-market-After-hours-After-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap5.39B
Enterprise Value5.89B
Trailing P/E29.05
Forward P/E31.15
PEG Ratio25.65
Price / Sales4.25
Price / Book6.53
EPS6.23
Book Value30.42
Revenue (TTM)1.27B
Gross Profit (TTM)1.18B
EBITDA344.30M
Profit Margin16.77%
Operating Margin10.32%
Return on Equity26.02%
Return on Assets10.32%
Shares Outstanding29.80M
Shares Float27.41M
Beta0.92
Dividend Yield2.21%
Dividend Rate4.00
Payout Ratio64.39%

Dividends

20261×
4.00May 8, 2026
20251×
3.00May 23, 2025
20241×
2.00May 23, 2024
20161×
0.25May 18, 2016
20111×
0.50May 26, 2011
20101×
0.50May 26, 2010
20081×
0.17May 23, 2008

Stock Splits

  • Jun 25, 20083:1
  • Jun 10, 20031:20