11/19/2025

speaker
Unknown Speaker
Chief Financial Officer

Welcome to our presentation of the third quarter of 2025. One that goes to the books as the best so far. What is it you want to highlight, Magnus?

speaker
Magnus
Chief Executive Officer

I want to highlight that we have an increase of 21% and that we are growing with 32% in the currency market. And another important thing to highlight is that the revenue from the implant business, our core business, is growing by a whole 51%. Our customers have We have received five new products approved on the market and in total we now have 73 products with our technology that are approved for clinical use. Another important thing is that during the month of August our process installation in Warsaw, Indiana was approved and validated to be used. This means that MPI This new facility will increase its capacity three times compared to the current situation. This means that we can receive work from the largest customers on the market and we are ready to scale up both the business and process customer implants. Can you tell us a little more about the numbers?

speaker
Unknown Speaker
Chief Financial Officer

Of course. The sales fell to 12.9 million kronor, or 14.1 million kronor, and that is 21% growth and 32% interest rates. The result before the deadline was 254,000 kronor negative, and the cash flow has also decreased in the quarter and fell to minus 3.5 million kronor. If we only look at the ongoing business, it is a clear improvement both in the quarter and in the whole year. And in the whole year, we double our development costs to invest in future growth. Can you tell us more about the five new products that have been approved?

speaker
Magnus
Chief Executive Officer

Yes, I can. Our customer in Brazil, SIN, introduces a new dental implant, both in Brazil and in the USA. Curiteva, one of our customers who works with a unique 3D printed peak technology, has now completed the entire family with the back implant. They have an entire product family introduced to the market in the USA. Alphatec, which is our biggest customer, has introduced a new expandable back implant, and that is actually the part of the spine market that is growing the fastest right now. To summarize the quarter, we can say that we are doing our best quarter so far, as we have said. It can fluctuate a little up and down from quarter to quarter, of course. But our goal is to achieve an average annual growth of over 25% over time. The reason for our growth is that our customers introduce new implants on the market, of course, and that we, in the extension of that, get higher revenues and higher royalty and process revenues.

speaker
Unknown Speaker
Chief Financial Officer

Thank you for listening.

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