RaySearch Laboratories AB (publ)

OM:RAY B Stock Report

Market Cap: SEK 7.0b

RaySearch Laboratories Past Earnings Performance

Past criteria checks 6/6

RaySearch Laboratories has been growing earnings at an average annual rate of 32.9%, while the Healthcare Services industry saw earnings growing at 6.8% annually. Revenues have been growing at an average rate of 11% per year. RaySearch Laboratories's return on equity is 21.6%, and it has net margins of 15%.

Key information

32.9%

Earnings growth rate

32.9%

EPS growth rate

Healthcare Services Industry Growth-11.7%
Revenue growth rate11.0%
Return on equity21.6%
Net Margin15.0%
Next Earnings Update21 Feb 2025

Recent past performance updates

Recent updates

RaySearch Laboratories AB (publ)'s (STO:RAY B) Shares Climb 28% But Its Business Is Yet to Catch Up

Nov 09
RaySearch Laboratories AB (publ)'s (STO:RAY B) Shares Climb 28% But Its Business Is Yet to Catch Up

RaySearch Laboratories AB (publ) (STO:RAY B) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

May 21
RaySearch Laboratories AB (publ) (STO:RAY B) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

The Returns At RaySearch Laboratories (STO:RAY B) Aren't Growing

May 11
The Returns At RaySearch Laboratories (STO:RAY B) Aren't Growing

RaySearch Laboratories (STO:RAY B) Will Want To Turn Around Its Return Trends

Oct 04
RaySearch Laboratories (STO:RAY B) Will Want To Turn Around Its Return Trends

Does RaySearch Laboratories (STO:RAY B) Have A Healthy Balance Sheet?

Jul 10
Does RaySearch Laboratories (STO:RAY B) Have A Healthy Balance Sheet?

Is RaySearch Laboratories (STO:RAY B) Using Too Much Debt?

Nov 17
Is RaySearch Laboratories (STO:RAY B) Using Too Much Debt?

One Forecaster Is Now More Bearish On RaySearch Laboratories AB (publ) (STO:RAY B) Than They Used To Be

Mar 15
One Forecaster Is Now More Bearish On RaySearch Laboratories AB (publ) (STO:RAY B) Than They Used To Be

Is RaySearch Laboratories (STO:RAY B) A Risky Investment?

Feb 22
Is RaySearch Laboratories (STO:RAY B) A Risky Investment?

Is RaySearch Laboratories (STO:RAY B) Using Debt In A Risky Way?

Nov 04
Is RaySearch Laboratories (STO:RAY B) Using Debt In A Risky Way?

Revenue & Expenses Breakdown

How RaySearch Laboratories makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OM:RAY B Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,169175567267
30 Jun 241,129151565260
31 Mar 241,049101560249
31 Dec 231,02282558238
30 Sep 2398764540229
30 Jun 2394553529230
31 Mar 2386622498232
31 Dec 2284424481239
30 Sep 22768-6477243
30 Jun 22693-38455241
31 Mar 22688-35442238
31 Dec 21642-47422233
30 Sep 21613-46390218
30 Jun 21596-50376204
31 Mar 21605-42368194
31 Dec 20652-9398185
30 Sep 2072624421183
30 Jun 2075143454181
31 Mar 2077774472180
31 Dec 1974250446175
30 Sep 1972764438168
30 Jun 1973385405159
31 Mar 1968484384152
31 Dec 1862779354148
30 Sep 18613118313135
30 Jun 18574104297124
31 Mar 18575103278115
31 Dec 17585118268104
30 Sep 17571121252102
30 Jun 17586151247100
31 Mar 1756316023398
31 Dec 1653115122393
30 Sep 1647210921889
30 Jun 164479420392
31 Mar 164056319396
31 Dec 1539870182102
30 Sep 1537378158105
30 Jun 1534476140100
31 Mar 153197912196
31 Dec 142856010995
30 Sep 142682414196
30 Jun 14235-413896
31 Mar 14211-2013694
31 Dec 13204-2113391

Quality Earnings: RAY B has high quality earnings.

Growing Profit Margin: RAY B's current net profit margins (15%) are higher than last year (6.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: RAY B's earnings have grown significantly by 32.9% per year over the past 5 years.

Accelerating Growth: RAY B's earnings growth over the past year (172.8%) exceeds its 5-year average (32.9% per year).

Earnings vs Industry: RAY B earnings growth over the past year (172.8%) exceeded the Healthcare Services industry 3.6%.


Return on Equity

High ROE: RAY B's Return on Equity (21.6%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies