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Redsense Medical NGM:REDS Stock Report

Last Price

SEK 7.16

Market Cap

SEK 117.7m

7D

7.5%

1Y

-10.5%

Updated

22 Dec, 2024

Data

Company Financials

Redsense Medical AB (publ)

NGM:REDS Stock Report

Market Cap: SEK 117.7m

REDS Stock Overview

Develops, markets, and sells monitoring systems for medical treatments primarily in Europe and the United States. More details

REDS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Redsense Medical AB (publ) Competitors

Price History & Performance

Summary of share price highs, lows and changes for Redsense Medical
Historical stock prices
Current Share PriceSEK 7.16
52 Week HighSEK 8.44
52 Week LowSEK 4.51
Beta0.49
1 Month Change13.65%
3 Month Change16.99%
1 Year Change-10.50%
3 Year Change-65.90%
5 Year Change-49.75%
Change since IPO50.74%

Recent News & Updates

Recent updates

Here's Why We're Watching Redsense Medical's (NGM:REDS) Cash Burn Situation

Jun 15
Here's Why We're Watching Redsense Medical's (NGM:REDS) Cash Burn Situation

Redsense Medical (NGM:REDS) Is In A Good Position To Deliver On Growth Plans

Mar 01
Redsense Medical (NGM:REDS) Is In A Good Position To Deliver On Growth Plans

We're Not Very Worried About Redsense Medical's (NGM:REDS) Cash Burn Rate

Nov 10
We're Not Very Worried About Redsense Medical's (NGM:REDS) Cash Burn Rate

Is Redsense Medical (NGM:REDS) In A Good Position To Deliver On Growth Plans?

Apr 20
Is Redsense Medical (NGM:REDS) In A Good Position To Deliver On Growth Plans?

Shareholders Are Thrilled That The Redsense Medical (NGM:REDS) Share Price Increased 236%

Feb 24
Shareholders Are Thrilled That The Redsense Medical (NGM:REDS) Share Price Increased 236%

Shareholder Returns

REDSSE Medical EquipmentSE Market
7D7.5%0.4%-2.7%
1Y-10.5%-8.1%4.6%

Return vs Industry: REDS underperformed the Swedish Medical Equipment industry which returned -8.1% over the past year.

Return vs Market: REDS underperformed the Swedish Market which returned 4.6% over the past year.

Price Volatility

Is REDS's price volatile compared to industry and market?
REDS volatility
REDS Average Weekly Movement10.1%
Medical Equipment Industry Average Movement6.9%
Market Average Movement5.6%
10% most volatile stocks in SE Market11.3%
10% least volatile stocks in SE Market3.2%

Stable Share Price: REDS's share price has been volatile over the past 3 months compared to the Swedish market.

Volatility Over Time: REDS's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

FoundedEmployeesCEOWebsite
20005Sebastien Bollueredsensemedical.com

Redsense Medical AB (publ) develops, markets, and sells monitoring systems for medical treatments primarily in Europe and the United States. The company offers Redsense System, a medical technology product that is used for monitoring and alarming in the event of blood leakage in connection with a hemodialysis treatment. It also provides Redsense Clamp, which clamps the bloodline to stop blood flow when the alarm unit detects a blood leakage.

Redsense Medical AB (publ) Fundamentals Summary

How do Redsense Medical's earnings and revenue compare to its market cap?
REDS fundamental statistics
Market capSEK 117.75m
Earnings (TTM)-SEK 6.24m
Revenue (TTM)SEK 24.22m

4.9x

P/S Ratio

-18.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REDS income statement (TTM)
RevenueSEK 24.22m
Cost of RevenueSEK 9.90m
Gross ProfitSEK 14.32m
Other ExpensesSEK 20.56m
Earnings-SEK 6.24m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.38
Gross Margin59.14%
Net Profit Margin-25.76%
Debt/Equity Ratio0%

How did REDS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:19
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Redsense Medical AB (publ) is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Maria Karlsson OsipovaPenser Access