Coala Life October monthly KPI´s USA and preliminary figures Q3 2023

Coala Life Group today provides preliminary figures for the quarterly report that will be published on 23 November 2023 as well as key figures for October 2023

Third quarter 2023

  • Net sales increased to approximately SEK 14 M (5.0).
  • EBITDA amounted to approximately SEK -30 M (-27.8).
  • Operating income totaled approximately SEK -32 M (-28.2).
  • Profit after tax was approximately SEK -31 M (-18.5).
  • Cash flow from operating activities was approximately SEK -6 M (-36.1).

The period: January 1, 2023 – September 30, 2023

  • Net sales increased to approximately SEK 40 M (7.5).
  • EBITDA amounted to approximately SEK -90 M (-99.4).
  • Operating income totaled approximately SEK -97 M (-101.7).
  • Profit after tax was approximately SEK -94 M (-88.6).
  • Cash flow from operating activities was approximately SEK -65 M (-122.5).

Key figures for October 2023:

  • Patients in RPM as of October 31, 2023: 4,400
  • Annual revenue rate as of October 31, 2023: USD 4.6 MUSD

Explanations of KPI´s
Patients in RPM as of October 31, 2023 – Number of patients that the company monitors in USA at the end of October.
Annual revenue rate as of October 31, 2023 – Estimated recurring revenue in USD based on October month’s revenue, measured at an annual rate.

Comments of KPI´s October 2023

The number of patients is unchanged compared to previous periods. Reveneus was however exceptionally affected in October due to a large number of patients not taking their measurements, which led to a large decrease in the number of measurements that could be invoiced. The company works actively to increase the compliance.

Historical KPI´s

Month Patients in RPM Annual rate of turnover
October 2023 4,400 4.6 MUSD
September 2023 4,400 5.0 MUSD
August 2023 4,400 5.2 MUSD
July 2023 4,100 5.0 MUSD
July 2023 4,100 5.0 MUSD
June 2023 4,100 5.6 MUSD
May 2023 3,800 5.7 MUSD
April 2023 3,700 5.4 MUSD
March 2023 3,700 4.8 MUSD
February 2023 3,700 4.6 MUSD
January 2023 3,800 3.7 MUSD
December 2022 3,500 3.6 MUSD
November 2022 3,100 3.2 MUSD
October 2022 2,800 3.2 MUSD
September 2022 2,600 2.7 MUSD

The figures in this press release are preliminary and unaudited.