Year-end report for the fiscal year May 2013 - April 2014

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News Desk 2018
Year-end report for the fiscal year May 2013 - April 2014

Uppsala, Sweden, 2014-06-05 09:00 CEST (GLOBE NEWSWIRE) --  

FOURTH QUARTER February 1 – April 30, 2014

  • Consolidated Net sales amounted to € 2 thousand (-) [1]
  • Operating income amounted to € -3,886 thousand (-2,417)
  • Net income after tax amounted to € -4,168 thousand (-2,531)
  • Earnings per share amounted to € -0.05 (-0.03)
  • Comprehensive income amounted to € -4,168 thousand (-2,531)  
  • Conditional FDA approval for Paccal® Vet
  • MSEK 72 private placement completed
  • MSEK 40 bank loan received

THE FISCAL YEAR May 1, 2013 – April 30, 2014

  • Consolidated Net sales amounted to € 7 thousand (-)
  • Operating income amounted to € -10,818 thousand (-7,453)
  • Net income after tax amounted to € -11,592 thousand (-7,983)
  • Earnings per share amounted to  € -0.14 (-0.12)
  • Comprehensive income amounted to € -11,592 thousand (-7,983)  
  • Increased funding of loans
  • FDA approved Oasmia’s production facility
  • Oasmia initiated a clinical program for treatment of breast cancer with Paclical®
  • Oasmia initiated pre-clinical studies with OAS-19, which is the first pharmaceutical project with a combination of two active cytostatics in one infusion.
  • The Board does not propose a dividend for the past fiscal year

EVENTS AFTER THE CLOSING DAY 

  • The Swedish Medical Products Agency approved Oasmia’s production facility
  • First shipment of Paccal Vet-CA1 to Abbott Animal Health was accomplished
  • Paccal Vet-CA1 and XR-17 is presented at ACVIM Forum in Nashville

[1] The numbers in parentheses show the results from the corresponding period of the previous year

         Mikael Widell, Vice President Communications          Phone +46 70 311 99 60          E-mail: Mikael.Widell@oasmia.com

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