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Mentice AB
STO:MNTC

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Mentice AB
STO:MNTC
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Price: 24.7 SEK Market Closed
Market Cap: 631.6m SEK

Mentice AB
Investor Relations

Mentice AB provides software and hardware simulation solutions for endovascular therapies. The company is headquartered in Goeteborg, Vastra Gotalands. The company went IPO on 2019-06-18. The company provides software and hardware simulation solutions and related services for endovascular therapies. The Company’s solutions help healthcare professionals acquire, retain, and enhance their procedural skills. The Company’s solutions are scientifically validated and have been specifically developed for healthcare providers and the medical device industry. The firm also covers neurovascular, cardiovascular and peripheral interventions, among others. The company is active globally.

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Earnings Calls

2024 Q3
Nov 7, 2024
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Mentice's Q3 Performance Shows Consistent Growth Despite Seasonal Challenges
2024 Q3
Nov 7, 2024

In the third quarter, Mentice reported net sales of SEK 58 million, a 10% decline year-over-year, largely due to weaker performance in the MDI segment, particularly in the U.S. In contrast, sales in the APAC region increased by 4% to SEK 40 million. The company remains optimistic, targeting 20-30% annual sales growth and aims for 20% EBITDA within three years, eventually reaching 30%. Notably, two large orders were secured post-quarter related to their VIST products. The order book stands at SEK 117 million, with SEK 37 million expected in revenues this year, showcasing their long-term growth strategy.

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Management

Mr. Göran Malmberg
Group CEO & President
No Bio Available
Ms. Ulrika Drotz Voksepp
Chief Financial Officer
No Bio Available
Mr. Jonatan Sjostrom
Chief Operating Officer
No Bio Available
Mr. Henrik Storm
Chief Technology Officer
No Bio Available
Mr. Martin Harris
Vice President of Marketing
No Bio Available
Mr. Matar Dakhil
Executive Vice President of Business Development
No Bio Available
Mr. Edward Fält
Chief Strategy Officer
No Bio Available
Ms. Stacy Hammar
Corporate Marketing Manager of Medical Device
No Bio Available
Dominic Steffel
Senior Product Manager
No Bio Available

Contacts

Address
VASTRA GOTALANDS
Goeteborg
Odinsgatan 10
Contacts