CellaVision AB
OTC:CLVSF

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CellaVision AB
OTC:CLVSF
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Price: 16.8262 USD Market Closed
Market Cap: 401.3m USD

CellaVision AB
Investor Relations

CellaVision AB engages in the provision of automated microscopy systems in the field of hematology. The company is headquartered in Lund, Skane and currently employs 200 full-time employees. The company went IPO on 2007-05-28. The firm develops and sells digital solutions for medical microscopy, as well as products enabling blood cell analysis and morphology diagnosis. CellaVision AB’s product portfolio consists of analyzers for automated medical microscopy analysis and software applications designed for remote access, competency testing and education. The analyzers include such brands as CellaVision DM96 and CellaVision DM1200, whereas the software applications are divided into CellaVision Body Fluid Application, CellaVision Remote Review Software and CellaVision Competency Software, among others. The firm operates four subsidiaries, based in Sweden, Canada, the United States and Japan. In June 2014, CellaVision AB acquired technology platform from Clear Lake Medical Foundation.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

Revenue: Net sales were SEK 176 million, down 1.7%, but organic growth was 2.6% due to FX headwinds.

Margins: Gross margin improved by 1 percentage point to 69%, helped by price increases and product mix.

EBITDA: EBITDA rose to SEK 50 million, a small increase from last year, with margin up to 28%.

Cash Flow: Operating cash flow was SEK 29.6 million, impacted by higher accounts receivable after a surge in late Q3 orders.

Regional Performance: Americas and EMEA saw modest organic growth; APAC remained soft but saw strong reagent momentum.

Strategic Progress: Key milestones include completion of bone marrow CE mark submission and rollout of a major software upgrade.

Guidance & Outlook: Management remains confident in ongoing R&D investment and expects the bone marrow CE mark in early 2026, with continued growth focus.

China & APAC: Local manufacturing in China allows participation in tenders but the market is very competitive and sales may remain lumpy.

Key Financials
Net Sales
SEK 176 million
Organic Sales Growth
2.6%
Gross Margin
69%
EBITDA
SEK 50 million
EBITDA Margin
28%
Operating Expenses
SEK 82 million
Operating Cash Flow
SEK 29.6 million
Total Cash Flow
SEK 4 million
Capitalized R&D
SEK 14 million
R&D Investment
24% of sales
Americas Revenue
SEK 68 million
EMEA Revenue
SEK 96 million
APAC Revenue
SEK 13 million
Reagent Revenue
SEK 40 million
Instrument Revenue
SEK 93 million
Software Revenue
SEK 43 million
Spare Parts and Consumables Revenue
SEK 23 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Christer Fahraeus B.Sc. Maths, h.c., MSc Bio Eng, Ph.D.
Founder & Director
No Bio Available
Mr. Simon Ostergaard Ph.D.
CEO & President
No Bio Available
Mr. Magnus Blixt
Chief Financial Officer
No Bio Available
Ms. Adele Horn
Corporate Communications & Investor Relations Manager
No Bio Available
Mr. Peter Wilson
Vice President of Global Marketing
No Bio Available
Mr. Urban Strindlov
Vice President of Global Sales
No Bio Available
Nina Wallander
Vice President of Human Resources
No Bio Available

Contacts

Address
SKANE
Lund
Mobilvagen 12
Contacts
+46464601600.0
www.cellavision.com