Welfare technology company Careium reported increased revenue for the third quarter compared to the same period last year, but saw a decrease in operating profit.
Revenue rose by 5.9 percent to SEK 213.7 million (201.7). Organic sales growth was 6.0 percent (-7.2).
EBITDA reached SEK 31.8 million (34.3), with an EBITDA margin of 14.9 percent (17.0).
Operating profit amounted to SEK 14.3 million (16.5), corresponding to an operating margin of 6.7 percent (8.2).
Net profit after tax was SEK 8.6 million (10.8), a decrease of 20.4 percent compared to the previous year.
Earnings per share amounted to SEK 0.32 (0.41), a decrease of 22.0 percent year-on-year.
Cash and cash equivalents totaled SEK 28.1 million (29.0).
"In the short term, we reiterate our financial targets for 2025. The impact from the reporting of financial lease agreements will be significantly lower from the first quarter of 2026. I see this as a first positive step towards increasing transparency for the capital market," CEO Peter Heuman wrote.
Careium AB (publ) is a Sweden-based company engaged in the welfare technology. The Company's solutions contribute to better safety and independence of elderly people inside and outside of their home environment. Careium's offering in welfare technology is wide; software platform, stationary and mobile security alarms, remote monitoring, and alarm reception are offered to civil society and private companies. The company provides security alarms, sensors (fall sensors, smoke detectors, motion detectors, etc.) accessories (cameras, electronic locks, drug robots, etc.) and secure communication with alarm reception. Careium delivers it's services to people in Sweden, Norway, Netherlands and United Kingdom. The majority of the customers are connected to alarm centers in Sweden, Norway and United Kingdom.
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