RaySearch Laboratories AB (publ)

RaySearch Laboratories AB (publ)

RSLBF
RaySearch Laboratories AB (publ)US flagOther OTC
24.00
USD
- -
- -
822.79MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.01
8.32
11.6
15.5
17.07
18.3
21.63
19.01
18.72
24.61
29.82
34.77
39.21
38.03
Basic EPS, GAAP
-0.61
1.75
2.05
4.42
3.43
2.29
1.47
-0.26
-1.38
0.69
2.38
5.94
6.64
6.54
Free Cash Flow per Basic Share
-0.74
-0.22
0.22
0.41
-0.04
-1.32
3.15
8.8
5.43
8.96
12.59
13.56
10.47
9.38
Dividend per Share
- -
- -
- -
0.25
- -
- -
- -
- -
- -
- -
- -
2
3
3
Book Value per Share
5.72
7.39
9.44
13.61
17.04
19.33
20.74
20.48
18.49
19.18
21.56
25.49
29.14
- -
Tangible Book Value per Share
0.88
2.55
3.63
6.33
7.52
8.17
8.08
6.05
3.07
4.04
5.97
9.58
12.44
13.61
Basic Weighted Avg Shares
34
34
34
34
34
34
34
34
34
34
34
34
34
34
Sales/Revenue/Turnover
204
285
398
531
585
627
742
652
642
844
1,022
1,192
1,344
1,303
Operating Margin (%)
-12.44
24.32
22.84
35.42
30.09
11.1
6.61
3.94
-9.98
3.59
11.98
21.09
24.52
21.87
Depreciation Expense
53
54
57
67
70
114
183
214
250
297
286
299
291
- -
Net Income, GAAP
-21
60
70
151
118
79
50
-9
-47
24
82
204
228
224
Effective Tax Rate (%)
- -
23.98
24.9
23.56
24.55
13.49
19.48
- -
- -
26.55
25.9
22.59
20.85
21.28
Profit Margin (%)
-10.19
20.98
17.66
28.49
20.1
12.52
6.8
-1.39
-7.37
2.82
7.98
17.07
16.95
17.21
Working Capital
83
156
172
311
311
267
224
149
- -
-9
127
281
401
446
LT Debt
- -
41
38
62
10
7
86
54
491
474
432
395
317
299
Total Equity
197
252
320
460
580
657
705
694
628
657
735
877
985
1,043
Return on Invested Capital (%)
- -
20.99
20.6
32.35
22.14
8.32
4.78
- -
- -
1.91
7.55
14.9
18.87
16.07
Return on Capital (%)
- -
24.68
21.88
34.29
19.94
11.01
6.66
- -
- -
2.67
7.15
16.1
17.08
54.23
Return on Common Equity (%)
-10.16
26.7
24.33
38.32
22.39
12.6
7.34
-1.29
-7.08
3.68
11.68
25.23
24.32
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
77
78
78
LT Borrowings
- -
- -
- -
LT Finance Leases
334
317
299
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
34
34
34
Market Capitalization
8,931
7,535
6,822

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
911
971
1,009
Cash, Cash Equivalents & STI
323
407
439
Accounts Receivable, Net
209
-9
196
Inventories
26
22
49
Total Current Liabilities
573
570
563
Payables & Accruals
- -
- -
- -
ST Debt
77
78
78
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.77%
7.72%
12.39%
Free Cash Flow
312.61%
10.42%
-22.8%
Net Income, GAAP
58.16%
135.06%
11.94%
Sales/Revenue/Turnover
13.76%
16.1%
12.78%
Total Cash Common Dividend
- -
- -
49.85%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
257
319
293
322
1,192
2025
332
305
332
375
1,344
2026
290
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.07
1.79
1.32
1.75
5.94
2025
1.66
0.9
2.09
2
6.64
2026
1.55
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
2
- -
- -
2
2025
- -
3.01
- -
- -
3
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Johan Lof
Full Time Employees
416
Sector
Healthcare
Industry
Medical - Healthcare Information Services
Address
Sveavägen 44 Stockholm Sweden 111 34
IPO Date
Jun 9, 2015
Business
RaySearch Laboratories AB (publ) RaySearch Laboratories AB is a Sweden-based medical technology company that develops advanced software solutions for radiation therapy and oncology, supporting thousands of clinics worldwide in cancer treatment. Founded in 2000 as a spin-off from Karolinska Institutet and headquartered at Eugeniavägen 18 in Stockholm, the company offers core products including RayStation, a flexible treatment planning system with adaptive therapy, multi-criteria optimization, and support for external beam therapy using photons, electrons, protons, helium, and carbon ions as well as HDR brachytherapy; RayPlan, a cost-effective planning system for essential radiation therapy techniques; RayCare, an oncology information system; and DrugLog, a chemotherapy quality assurance solution acquired from Pharmacolog AB. RaySearch operates globally through subsidiaries in the United States, Singapore, Belgium, France, Germany, and the United Kingdom, serving leading cancer centers with professional services in radiation oncology, project management, medical dosimetry, and medical physics. In July 2025, RaySearch entered a strategic partnership with Radiology Oncology Systems to integrate refurbished linear accelerators with its software, enhancing access to advanced cancer care and sustainability in radiation therapy practices while anticipating increased adoption of RayStation and RayCare.

Company News

APIChat
  • RaySearch Laboratories AB (publ) (RSLBF) Q1 2026 Earnings Call Transcript

  • RaySearch Laboratories AB (publ) (RSLBF) Q4 2025 Earnings Call Transcript

  • RaySearch Laboratories AB (publ) (RSLBF) Q3 2025 Earnings Call Transcript

  • RaySearch Laboratories: Interim report April - June 2025

  • Interim report January 1 - March 31, 2025: RaySearch Laboratories

  • RaySearch Laboratories and Vision RT present innovations in surface guided treatment planning at ESTRO

  • Completed placing of shares in RaySearch Laboratories AB (publ)

  • Contemplated placement of existing shares in RaySearch Laboratories AB

  • RaySearch Laboratories: Year-end report 2024

  • RaySearch Laboratories to present ongoing development in liver ablation therapy* at RSNA 2024

  • RaySearch Laboratories: Interim report July - September 2024

  • RaySearch Laboratories: Interim report April - June 2024

  • RaySearch Laboratories: Interim report January 1 - March 31, 2024

  • RaySearch Laboratories: Year-end report 2023

  • RaySearch Laboratories: Interim report January 1 - September 30, 2023

  • Invitation to presentation of RaySearch's interim report for the third quarter of 2023

  • RaySearch Laboratories : Interim report January 1 - June 30, 2023

  • Invitation to presentation of RaySearch's interim report for the second quarter of 2023

  • UMCG in the Netherlands purchases Micro-RayStation for pre-clinical research, RaySearch Laboratories