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LUMITO Lumito AB (publ) News Story

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Sweden's Lumito posts first commercial sales, Q1 net loss narrows

Overview

Sweden medical imaging firm's Q1 net sales reached 78 KSEK, marking initial commercial revenue

Q1 net loss narrowed year-over-year as operating costs declined post-development phase

Company secured initial customer orders and launched multiple pilot projects during the quarter

Outlook

Lumito says it will focus on converting collaborations into long-term business and commercial scaling

Result Drivers

INITIAL CUSTOMER ORDERS - Company said first net sales were driven by initial and recurring orders for SCIZYS Erbium kits, marking transition to commercial use

SCAN-AS-A-SERVICE MODEL - CEO said Scan-as-a-Service offering enabled low-barrier adoption and supports recurring and scalable revenue streams

PARTNERSHIPS AND PILOT PROJECTS - Strategic partnerships and pilot collaborations cited as validating technology and expanding commercial opportunities

Company press release: ID:nMFN9B22Mv

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 SalesSEK 78,000
Q1 Adjusted EPS-SEK 3.05
Q1 Cash flow from operating activities-SEK 6.73 mln
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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