Financial Ratios Qlucore AB

Stocks

QCORE

SE0016829824

Software

Market Closed - Nasdaq Stockholm Other stock markets 02:00:00 12/06/26 am AEST			5-day change	1st Jan Change
0.3700 ^SEK	-2.63%		-16.29%	-25.70%

28/05	Qlucore AB Reports Earnings Results for the Fourth Quarter and Full Year Ended April 30, 2026	CI
20/04	Qlucore Launches AI-powered Software Test for Bladder Cancer Research	MT

196.oph_r_XlmpzDWb2-2Se7qD8jFUCmDTjPIi0MALDmHT4.ltER7Le3-dewBveLulPC5gt8J3H1SF35D3hKS-m0d2vr6yvnvbbzxZIK8A

Published financial data: QLUCORE AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: April	2021	2022	2023	2024	2025
Revenues	16.84M	22.5M	31.45M	36.7M	18.43M
Other Revenues, Total	-	-	-1K	-	-
Total Revenues	16.84M	22.5M	31.45M	36.7M	18.43M
Cost of Goods Sold, Total	12.42M	17.07M	25.65M	29.3M	28.18M
Gross Profit	4.42M	5.43M	5.8M	7.4M	-9.75M
Selling General & Admin Expenses, Total	7.56M	16.47M	22.86M	22.35M	16.34M
Depreciation & Amortization - (IS)	2.61M	3.5M	3.74M	4.04M	4.62M
Other Operating Expenses	-189K	-3.05M	-4.5M	-2.16M	-10.2M
Other Operating Expenses, Total	9.98M	16.92M	22.11M	24.22M	10.76M
Operating Income	-5.56M	-11.49M	-16.3M	-16.82M	-20.51M
Interest Expense, Total	-389K	-140K	-297K	-353K	-447K
Interest And Investment Income	-	-	700K	1.52M	450K
Net Interest Expenses	-389K	-140K	403K	1.17M	3K
Other Non Operating Income (Expenses)	-1K	-1K	-	-	-
EBT, Excl. Unusual Items	-5.95M	-11.63M	-15.9M	-15.65M	-20.51M
EBT, Incl. Unusual Items	-5.95M	-11.63M	-15.9M	-15.65M	-20.51M
Income Tax Expense	81K	31K	35K	27K	24K
Earnings From Continuing Operations	-6.04M	-11.66M	-15.94M	-15.68M	-20.54M
Net Income to Company	-6.04M	-11.66M	-15.94M	-15.68M	-20.54M
Net Income - (IS)	-6.04M	-11.66M	-15.94M	-15.68M	-20.54M
Net Income to Common Incl Extra Items	-6.04M	-11.66M	-15.94M	-15.68M	-20.54M
Net Income to Common Excl. Extra Items	-6.04M	-11.66M	-15.94M	-15.68M	-20.54M
Per Share Items
Net EPS - Basic	-2.29	-2.9	-3.96	-3.89	-5.1
Basic EPS - Continuing Operations	-2.29	-2.9	-3.96	-3.89	-5.1
Basic Weighted Average Shares Outstanding	2.63M	4.03M	-	-	-
Net EPS - Diluted	-2.29	-2.9	-3.96	-3.89	-5.1
Diluted EPS - Continuing Operations	-2.29	-2.9	-3.96	-3.89	-5.1
Diluted Weighted Average Shares Outstanding	2.63M	4.03M	-	-	-
Normalized Basic EPS	-1.41	-1.8	-2.47	-2.43	-3.18
Normalized Diluted EPS	-1.41	-1.8	-2.47	-2.43	-3.18
Supplemental Items
EBITDA	-5.45M	-11.21M	-16M	-16.5M	-20.31M
EBITA	-5.56M	-11.49M	-16.3M	-16.82M	-20.51M
EBIT	-5.56M	-11.49M	-16.3M	-16.82M	-20.51M
EBITDAR	-4.86M	-10.51M	-15.05M	-15.27M	-18.74M
Total Revenues (As Reported)	17.76M	25.98M	36.41M	39.51M	29.24M
Effective Tax Rate - (Ratio)	-1.36	-0.27	-0.22	-0.17	-0.12
Total Current Taxes	81K	31K	35K	27K	24K
Normalized Net Income	-3.72M	-7.27M	-9.94M	-9.78M	-12.82M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	2.5M	3.22M	3.44M	3.72M	4.42M
Net Rental Expense, Total	587K	701K	953K	1.24M	1.58M
Imputed Operating Lease Interest Expense	391K	158K	463K	914K	2.17M
Imputed Operating Lease Depreciation	196K	543K	490K	323K	-598K

Fiscal Period: April	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	27.56M	97.97M	69.73M	28.62M	5.26M
Total Cash And Short Term Investments	27.56M	97.97M	69.73M	28.62M	5.26M
Accounts Receivable, Total	2.83M	2.41M	2.2M	4.24M	2.87M
Other Receivables	639K	669K	1.34M	664K	189K
Total Receivables	3.47M	3.08M	3.54M	4.91M	3.06M
Prepaid Expenses	415K	603K	571K	2.48M	3.02M
Other Current Assets, Total	-	-1K	-	1K	1.01M
Total Current Assets	31.45M	102M	73.84M	36M	12.34M
Gross Property Plant And Equipment	1.03M	1.58M	1.8M	1.58M	1.35M
Accumulated Depreciation	-769K	-1.02M	-1.31M	-1.22M	-1.19M
Net Property Plant And Equipment	262K	557K	487K	362K	158K
Long-term Investments	-	-	-	-	-
Other Intangibles, Total	14.53M	19.69M	35.03M	53.65M	57.45M
Other Long-Term Assets, Total	-	-1K	-	-1K	-
Total Assets	46.24M	122M	109M	90.01M	69.95M
Liabilities
Accounts Payable, Total	1.08M	1.57M	4.36M	2.16M	355K
Accrued Expenses, Total	1.92M	2.24M	3.35M	2.75M	3.44M
Short-term Borrowings	1.5M	-	-	-	-
Current Portion of Long-Term Debt	875K	875K	1.28M	1.18M	600K
Unearned Revenue Current, Total	383K	1.42M	2.26M	1.43M	4.63M
Other Current Liabilities	1.66M	766K	205K	1.37M	1.06M
Total Current Liabilities	7.42M	6.88M	11.44M	8.9M	10.09M
Long-Term Debt	2.26M	4.46M	3.18M	2M	1.4M
Other Non Current Liabilities	-	-	1K	-	-
Total Liabilities	9.68M	11.34M	14.63M	10.9M	11.49M
Common Stock, Total	263K	765K	765K	765K	765K
Additional Paid In Capital	46.58M	132M	132M	132M	132M
Retained Earnings	-10.28M	-22.08M	-37.98M	-	-
Comprehensive Income and Other	-	-	-1K	-53.6M	-74.24M
Total Common Equity	36.56M	111M	94.73M	79.11M	58.46M
Total Equity	36.56M	111M	94.73M	79.11M	58.46M
Total Liabilities And Equity	46.24M	122M	109M	90.01M	69.95M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.63M	4.03M	4.03M	4.03M	4.03M
ECS Total Common Shares Outstanding	2.63M	4.03M	4.03M	4.03M	4.03M
Book Value / Share	13.89	27.45	23.52	19.64	14.51
Tangible Book Value	22.03M	90.87M	59.7M	25.46M	1.01M
Tangible Book Value Per Share	8.37	22.56	14.82	6.32	0.25
Total Debt	4.64M	5.33M	4.46M	3.18M	2M
Net Debt	-22.92M	-92.64M	-65.27M	-25.44M	-3.26M
Debt Equivalent Oper. Leases	4.7M	5.61M	7.62M	9.9M	12.6M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	1.03M	1.58M	1.8M	1.58M	1.35M
Full Time Employees	11	17	21	22	20

Fiscal Period: April	2021	2022	2023	2024	2025
Net Income	-6.04M	-11.66M	-15.94M	-15.68M	-20.54M
Depreciation & Amortization - CF	114K	278K	299K	318K	203K
Depreciation & Amortization, Total	114K	278K	299K	318K	203K
Amortization of Deferred Charges, Total - (CF)	2.5M	3.22M	3.44M	3.72M	4.42M
Other Operating Activities, Total	-148K	189K	408K	423K	-308K
Change In Accounts Receivable	1.62M	426K	206K	-2.04M	1.38M
Change In Accounts Payable	749K	490K	2.79M	-2.2M	-1.8M
Change in Other Net Operating Assets	126K	253K	744K	-1.48M	2.49M
Cash from Operations	-1.08M	-6.81M	-8.05M	-16.95M	-14.15M
Capital Expenditure	-70K	-569K	-234K	-192K	-
Sale (Purchase) of Intangible assets	-4.09M	-8.38M	-18.78M	-22.33M	-8.22M
Other Investing Activities, Total	-	1K	-	1K	-
Cash from Investing	-4.16M	-8.95M	-19.02M	-22.52M	-8.22M
Long-Term Debt Issued, Total	-	3M	-	-	-
Total Debt Issued	-	3M	-	-	-
Long-Term Debt Repaid, Total	-73K	-2.3M	-875K	-1.28M	-1.18M
Total Debt Repaid	-73K	-2.3M	-875K	-1.28M	-1.18M
Issuance of Common Stock	30.25M	90.26M	67K	-	-
Other Financing Activities, Total	-1.9M	-4.71M	-	-	-
Cash from Financing	28.28M	86.25M	-808K	-1.28M	-1.18M
Foreign Exchange Rate Adjustments	45K	-87K	-366K	-366K	198K
Miscellaneous Cash Flow Adjustments	-	-2K	1K	-1K	-
Net Change in Cash	23.09M	70.41M	-28.24M	-41.11M	-23.36M
Supplemental Items
Cash Income Tax Paid (Refund)	53K	31K	35K	27K	24K
Levered Free Cash Flow	-2.78M	-11.55M	-21.91M	-34.95M	-14.63M
Unlevered Free Cash Flow	-2.53M	-11.47M	-21.73M	-34.73M	-14.35M
Change In Net Working Capital	-2.49M	-1.17M	-3.74M	5.73M	-2.07M
Net Debt Issued / Repaid	-73K	698K	-875K	-1.28M	-1.18M

Fiscal Period: April	2021	2022	2023	2024	2025
Profitability
Return on Assets	-10.08	-8.54	-8.81	-10.55	-16.03
Return on Total Capital	-11.54	-9.14	-9.48	-11.59	-17.96
Return On Equity %	-23.71	-15.85	-15.53	-18.04	-29.85
Return on Common Equity	-23.71	-15.85	-15.53	-18.04	-29.85
Margin Analysis
Gross Profit Margin %	26.25	24.12	18.45	20.16	-52.9
SG&A Margin	44.9	73.19	72.69	60.89	88.67
EBITDA Margin %	-32.36	-49.84	-50.89	-44.97	-110.21
EBITA Margin %	-33.04	-51.07	-51.84	-45.84	-111.31
EBIT Margin %	-33.04	-51.07	-51.84	-45.84	-111.31
Income From Continuing Operations Margin %	-35.84	-51.84	-50.67	-42.73	-111.42
Net Income Margin %	-35.84	-51.84	-50.67	-42.73	-111.42
Net Avail. For Common Margin %	-35.84	-51.84	-50.67	-42.73	-111.42
Normalized Net Income Margin	-22.1	-32.31	-31.6	-26.66	-69.56
Levered Free Cash Flow Margin	-16.49	-51.35	-69.67	-95.23	-79.4
Unlevered Free Cash Flow Margin	-15.05	-50.96	-69.08	-94.63	-77.89
Asset Turnover
Asset Turnover	0.49	0.27	0.27	0.37	0.23
Fixed Assets Turnover	59.3	54.94	60.25	86.45	70.88
Receivables Turnover (Average Receivables)	4.62	8.58	13.64	11.39	5.19
Short Term Liquidity
Current Ratio	4.24	14.78	6.45	4.05	1.22
Quick Ratio	4.18	14.69	6.4	3.77	0.82
Operating Cash Flow to Current Liabilities	-0.15	-0.99	-0.7	-1.9	-1.4
Days Sales Outstanding (Average Receivables)	78.93	42.53	26.75	32.13	70.39
Average Days Payable Outstanding	20.76	28.34	42.19	40.69	16.27
Long Term Solvency
Total Debt/Equity	12.68	4.82	4.71	4.02	3.42
Total Debt / Total Capital	11.25	4.6	4.49	3.87	3.31
LT Debt/Equity	6.18	4.03	3.36	2.53	2.39
Long-Term Debt / Total Capital	5.49	3.85	3.21	2.43	2.32
Total Liabilities / Total Assets	20.93	9.3	13.38	12.11	16.42
EBIT / Interest Expense	-14.3	-82.08	-54.9	-47.65	-45.89
EBITDA / Interest Expense	-14.01	-80.09	-53.89	-46.75	-45.44
(EBITDA - Capex) / Interest Expense	-14.19	-84.16	-54.68	-47.3	-45.44
Total Debt / EBITDA	-0.85	-0.48	-0.28	-0.19	-0.1
Net Debt / EBITDA	4.21	8.26	4.08	1.54	0.16
Total Debt / (EBITDA - Capex)	-0.84	-0.45	-0.27	-0.19	-0.1
Net Debt / (EBITDA - Capex)	4.15	7.86	4.02	1.52	0.16
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-15.98	33.6	39.79	16.69	-49.78
Gross Profit, 1 Yr. Growth %	-48.98	22.78	6.93	27.49	-231.78
EBITDA, 1 Yr. Growth %	-454.59	105.74	42.74	3.12	23.07
EBITA, 1 Yr. Growth %	-492.66	106.52	41.88	3.18	21.95
EBIT, 1 Yr. Growth %	-492.66	106.52	41.88	3.18	21.95
Earnings From Cont. Operations, 1 Yr. Growth %	-592.25	93.26	36.64	-1.6	30.95
Net Income, 1 Yr. Growth %	-592.25	93.26	36.64	-1.6	30.95
Normalized Net Income, 1 Yr. Growth %	-567.71	95.36	36.7	-1.55	31.03
Diluted EPS Before Extra, 1 Yr. Growth %	-	26.31	36.64	-1.6	30.95
Accounts Receivable, 1 Yr. Growth %	-36.31	-15	-8.59	92.64	-32.44
Net Property, Plant and Equip., 1 Yr. Growth %	-14.38	112.6	-12.57	-25.67	-56.35
Total Assets, 1 Yr. Growth %	102.89	163.61	-10.28	-17.7	-22.28
Tangible Book Value, 1 Yr. Growth %	1.47K	312.46	-34.3	-57.35	-96.02
Common Equity, 1 Yr. Growth %	154.85	202.38	-14.32	-16.49	-26.1
Cash From Operations, 1 Yr. Growth %	-167.46	529.02	18.26	110.57	-16.49
Capital Expenditures, 1 Yr. Growth %	-45.74	712.86	-58.88	-17.95	-
Levered Free Cash Flow, 1 Yr. Growth %	-33.88	316.09	89.66	59.49	-58.13
Unlevered Free Cash Flow, 1 Yr. Growth %	-38.35	352.57	89.49	59.84	-58.67
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	6.35	5.94	36.66	27.72	-23.45
Gross Profit, 2 Yr. CAGR %	-9.77	-20.85	14.58	16.76	29.61
EBITDA, 2 Yr. CAGR %	112.88	170.1	71.37	21.32	12.65
EBITA, 2 Yr. CAGR %	231.6	184.77	71.18	20.99	12.17
EBIT, 2 Yr. CAGR %	231.6	184.77	71.18	20.99	12.17
Earnings From Cont. Operations, 2 Yr. CAGR %	208.62	208.43	62.5	15.95	13.52
Net Income, 2 Yr. CAGR %	208.62	208.43	62.5	15.95	13.52
Normalized Net Income, 2 Yr. CAGR %	206.55	202.28	63.42	16.01	13.57
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	31.37	15.95	13.52
Accounts Receivable, 2 Yr. CAGR %	128.98	-26.42	-11.85	32.7	14.09
Net Property, Plant and Equip., 2 Yr. CAGR %	-5.66	34.92	36.34	-19.38	-43.04
Total Assets, 2 Yr. CAGR %	62.21	131.27	53.79	-14.07	-20.02
Tangible Book Value, 2 Yr. CAGR %	204.95	703.92	64.61	-47.06	-86.97
Common Equity, 2 Yr. CAGR %	106.64	177.6	60.96	-15.41	-21.44
Cash From Operations, 2 Yr. CAGR %	-	106.18	172.75	57.81	32.61
Capital Expenditures, 2 Yr. CAGR %	-	110.02	82.83	-41.91	-
Levered Free Cash Flow, 2 Yr. CAGR %	-	65.84	180.92	73.93	-18.28
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	67	192.85	74.04	-18.72
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	14.75	16.2	29.65	-6.43
Gross Profit, 3 Yr. CAGR %	-	-0.01	-12.5	18.73	21.56
EBITDA, 3 Yr. CAGR %	-	110.48	118.37	44.68	21.9
EBITA, 3 Yr. CAGR %	-	183.18	125.76	44.6	21.31
EBIT, 3 Yr. CAGR %	-	183.18	125.76	44.6	21.31
Earnings From Cont. Operations, 3 Yr. CAGR %	-	164.04	135.12	37.48	20.75
Net Income, 3 Yr. CAGR %	-	164.04	135.12	37.48	20.75
Normalized Net Income, 3 Yr. CAGR %	-	163.8	132.02	38.02	20.81
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	19.31	20.75
Accounts Receivable, 3 Yr. CAGR %	-	64.57	-20.9	14.39	5.96
Net Property, Plant and Equip., 3 Yr. CAGR %	-	23.68	16.75	11.38	-34.29
Total Assets, 3 Yr. CAGR %	-	90.71	68.67	24.86	-16.9
Tangible Book Value, 3 Yr. CAGR %	-	237.24	248.87	4.95	-77.65
Common Equity, 3 Yr. CAGR %	-	134.6	87.61	29.34	-19.13
Cash From Operations, 3 Yr. CAGR %	-	-	71.31	150.21	27.64
Capital Expenditures, 3 Yr. CAGR %	-	-	21.96	39.98	-
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	73.43	132.62	8.2
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	74.19	139.33	7.78
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	19.77	-1.67
Gross Profit, 5 Yr. CAGR %	-	-	-	6.38	2.39
EBITDA, 5 Yr. CAGR %	-	-	-	68.85	67.58
EBITA, 5 Yr. CAGR %	-	-	-	101.53	70.66
EBIT, 5 Yr. CAGR %	-	-	-	101.53	70.66
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	89.98	75.71
Net Income, 5 Yr. CAGR %	-	-	-	89.98	75.71
Normalized Net Income, 5 Yr. CAGR %	-	-	-	89.92	74.35
Accounts Receivable, 5 Yr. CAGR %	-	-	-	50.99	-8.42
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	4.22	-12.38
Total Assets, 5 Yr. CAGR %	-	-	-	38.64	25.14
Tangible Book Value, 5 Yr. CAGR %	-	-	-	60.79	-6.33
Common Equity, 5 Yr. CAGR %	-	-	-	56	32.44
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	54.63
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	28.35
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	28.41