RaySearch Laboratories AB (publ) (STO:RAY.B)
Sweden flag Sweden · Delayed Price · Currency is SEK
176.20
-3.40 (-1.89%)
Sep 2, 2026, 5:29 PM CET

RaySearch Laboratories AB Financials Overview

Millions SEK. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,2701,3441,1921,022843.65641.67
Revenue Growth
1.39%12.78%16.62%21.16%31.48%-1.52%
Gross Profit
1,1811,2421,093915.58748.66591.28
Operating Income
314.1329.6251.5122.4830.31-64.04
Net Income
213227.8203.581.5723.78-47.32
Earnings Per Share
6.236.645.942.380.69-1.38
EPS Growth
10.73%11.94%149.47%244.84%--

Revenue by Geography

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
U.s
455.3484.7392.93321.94-
France
139.3112.791.5461.3845.74
China
134.546.563.4829.5815.95
UK
89.496.267.6139.2543.72
Japan
83.7115.790.62102.31100.97
Germany
7934.132.2734.4832.49
Taiwan
40.214.213.26--
Italy
36.620.526.0912.17-
South Korea
30.411.3-12.587.35
Poland
27.33.7---
Canada
23.519.921.7975.98-
The Netherlands
20.624.119.6413.4114.32
Denmark
19.59.5---
New Zealand
18.32---
Austria
17.855.125.768.736.36
Switzerland
16.71747.478.33-
Sweden
12.44.73.16-4.95
Other Countries
99.8120.190.08100.1139.8
Total
1,3441,1921,022843.65641.67

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
213.1407.3462.7343.68160.27102.54
Total Debt
359.2394.8472529.36555.39561.4
Net Cash (Debt)
-146.112.5-9.3-185.68-395.12-458.86
Net Cash Growth
------
Net Cash Per Share
-4.270.36-0.27-5.42-11.53-13.38

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
419.8387485.2455.93320.66238.16
Capital Expenditures
-30.5-28.1-13.3-24.3-13.4-51.97
Free Cash Flow
389.3358.9471.9431.64307.26186.19
Free Cash Flow Growth
7.15%-23.95%9.33%40.48%65.03%-38.31%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
93.02%92.42%91.65%89.57%88.74%92.15%
Operating Margin
24.73%24.52%21.10%11.98%3.59%-9.98%
Pretax Margin
21.36%21.41%22.06%10.77%3.84%-9.14%
Profit Margin
16.77%16.95%17.07%7.98%2.82%-7.37%
FCF Margin
30.66%26.70%39.59%42.23%36.42%29.02%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023
Period EndingSep '26 Dec '25 Dec '24 Dec '23
Dividend Per Share
4.0004.0003.0000.700
Dividend Per Share Growth
33.33%33.33%328.57%-
Dividend Yield
2.07%1.79%1.43%0.81%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
28.2934.3136.3937.9598.04-
Forward PE
19.6227.3733.9025.8075.3514.69
P/FCF Ratio
15.2221.7815.697.177.5910.40
PS Ratio
4.665.826.213.032.763.02