November, 2019 - SciBase

Thomas Eklund, member of the board, has announced that he resigns effective today from the Board of SciBase Holding AB at his own request.

Thomas has decided to resign from SciBase and other Board positions due to lack of time.

"Thomas' valuable contributions and insights during his time at SciBase have been highly appreciated by both the Board of Directors and the management. I want to take the opportunity to thank Thomas for all the time he has spent and his contributions to make SciBase a successful Company. Unfortunately, time is a scarce resource and I wish him all the best in his future endeavors," says Tord Lendau, chairman of the Board, SciBase Holding AB.

The Board of Directors retains a quorum despite Thomas Eklund leaving. The Nomination Committee has not yet drafted a proposal for resolution at the 2020 AGM, concerning Members of the Board.

Stockholm, November 13, 2019

SciBase Holding AB (publ)

For more information, please contact:
Tord Lendau, Chairman of the board, phone +46 (0)70 810 01 67

Certified Advisor (CA):

Avanza

Tel: +46 8 409 421 20

Email: corp@avanza.se

About SciBase and Nevisense
SciBase AB is a Swedish medical technology company, headquartered in Stockholm that has developed and sells a unique point-of-care device for evaluation of skin disorders such as skin cancer and atopic dermatitis. Its first product, Nevisense, helps doctors to detect malignant melanoma, the most dangerous type of skin cancer. Further development has led to Nevisense also being used as a tool to assess the skin barrier and inflammation. SciBase was founded by Stig Ollmar, Associate Professor at The Karolinska Institute in Stockholm, Sweden. Nevisense is based on substantial research and has achieved excellent results in the largest clinical study ever conducted on the detection of malignant melanoma. Nevisense is CE marked in Europe, has TGA approval in Australia and an FDA approval (PMA) in the United States. Nevisense is based on a method called Electrical Impedance Spectroscopy (EIS), which uses the varying electrical properties of human tissue to categorize cellular structures and thereby detect malignancies and abnormalities. SciBase is listed on First North Growth Market ("SCIB"). Further information is available at www.scibase.com.

The first quarter in figures

Net sales were TSEK 6,057 (5,149), +18%.
The loss after tax was TSEK 10,861 (10,906).
The loss per share was SEK 0.09 (0.15).
The cash flow from current operations was negative in the amount of TSEK 13,182 (3,751).
The gross margin was 69.9% (68.7%).
Electrode sales volume increased by 18% and was 13,724 (11,614) units. Repeat sales of electrodes to existing customers increased by 19%.

Important events during the quarter

Overall sales increased by 18% (+17, before currency effects). Sales in Germany within the skin cancer segment increased by 15% (15% in local currency). Sales in the US skin cancer market increased by 67% while the sales within the skin barrier segment decreased by 15%.
The first direct comparison between electrical impedance spectroscopy (EIS) using Nevisense and trans-epidermal water loss (TEWL) was published in the scientific journal Annals of Dermatology. The study demonstrates Nevisense as a more robust technique to assess skin barrier function than the commonly accepted TEWL measurement technique. The authors concluded that EIS (Nevisense) can assess skin barrier function with less sensitivity to confounding lifestyle factors than TEWL.

SciBase initiated a partnership with Skinobs, a leading global platform connecting researchers with the tools they need for their cosmetic and medical research. Through this partnership, SciBase will now offer Nevisense for assessing skin barrier function within cosmetic testing on the Skinobs platform.

Important events after the end of the period

SciBase resolves on a directed issued of approximately SEK 33 million and a rights issue of approximately SEK 15 million and postponed the Annual General Meeting and publication of the interim report for the first quarter of 2024.

SciBase published a prospectus and the summons to an EGM and the AGM.

SciBase announced a new partnership with Al Shirawi Healthcare solutions for distribution of Nevisense in the UAE.

SciBase published the outcomes in the directed issue, were MSEK 33 were subscribed for and in the rights offering were MSEK were subscribed for corresponding to a subscription rate of 61%.

New German study shows Nevisense significantly improves dermatologists’ clinical decisions.

SciBase Announces the launch of eBarrier Score, the First AI-Driven Skin Barrier Assessment tool for research and Cosmetic Testing.

SciBase receives first order in Austria.

			Apr 1, 2023 -
	Jan 1 - Mar 31		Mar 31, 2024	Jan 1 - Dec 31
THE GROUP	2024	2023	Rolling-12	2023
Net sales, SEK ths	6 057	5 149	24 154	23 245
Gross margin, %	69,9%	68,7%	69,3%	69,0%
Equity/Asset ratio, %	58,2%	77,9%	71,7%	66,9%
Net indebtness, multiple	0,72	0,28	0,39	0,49
Cash equivalents, SEK ths	20 272	14 394	20 272	34 121
Cashflow from operating activities, SEK ths	-13 182	-3 751	-61 415	-51 984
Earnings per share (before and after dilution), SEK	-0,09	-0,15	-0,46	-0,51
Shareholder's equity per share, SEK	0,25	1,19	0,48	0,40
Average number of shares, 000'	119 831	72 426	119 831	107 980
Number of shares at closing of period, 000'*	119 831	119 831	119 831	119 831
Share price at end of period, SEK	0,39	1,80	0,39	0,83
Number of sold electrodes, pieces	13 724	11 614	54 030	51 920
Average number of employees	26	21	23	23

This information is information that SciBase Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 08.00 CET on May 31, 2024.

This year-end report has not been subject to review by the Company’s auditors

Contact person:

Michael Colérus, CFO, +46 70 341 34 72

For more information, please contact: Pia Renaudin, CEO SciBase Tel: +46 73 206 98 02 Email: pia.renaudin@scibase.com

Certified Advisor (CA):

Vator Securities

Tel: +46 8 580 065 99

Email: ca@vatorsec.se

About SciBase
SciBase is a global medical technology company, specializing in early detection and prevention in dermatology. SciBase develops and commercializes Nevisense, a unique point-of-care platform that combines AI (artificial intelligence) and advanced EIS technology to elevate diagnostic accuracy, ensuring proactive skin health management.

Our commitment is to minimize patient suffering, allowing clinicians to improve and save lives through timely detection and intervention and reduce healthcare costs.

Built on more than 20 years of research at Karolinska Institute in Stockholm, Sweden, SciBase is a leader in dermatological advancements.

The company has been on the Nasdaq First North Growth Market exchange since June 2, 2015. Learn more at www.scibase.com. All press releases and financial reports can be found here: http://investors.scibase.se/en/pressreleases

STOCKHOLM, Sweden, - November 12, 2019 - SciBase a leading developer of electrical impedance spectroscopy systems in dermatology, announced today that The Kimberly and Eric J. Waldman Department of Dermatology at Mount Sinai has become the first Health System in the United States to order multiple Nevisense systems in their new melanoma center. The Mount Sinai health system encompasses eight hospitals, a leading medical school, and a vast network of ambulatory practices throughout the greater New York region making it the largest system in the region.

"We are excited about integrating the Nevisense system in our new melanoma center and offer our patients advanced technology to optimize the clinical management of their atypical lesions. It further supports our commitment to adopt next-generation solutions to improve patient care and outcomes while offering our providers state-of-the-art tools to do so" said Dr. Mark Lebwohl, Waldman Professor and Chairman of the Kimberly and Eric J. Waldman Department of Dermatology at the Icahn School of Medicine at Mount Sinai.

"The inclusion of EIS technology will allow us to provide patients with important risk information. This will help differentiate the Mount Sinai melanoma center while also providing our patients with best in class care", said Dr. Jonathan Ungar, assistant professor of dermatology and medical education at Mount Sinai.

"We are observing a demand for augmented intelligence within dermatology in the US and SciBase is proud to install multiple Nevisense systems within one of the largest health systems in the US and the largest in the New York region." said Simon Grant, Chief Executive Officer of Scibase. "This multi system order marks a key milestone in SciBase' US market penetration strategy and we are excited about the growing adoption of the Nevisense method."

For more information, please contact:
Simon Grant, CEO SciBase
Tel: +46 72 887 43 99
Email: simon.grant@scibase.com

Certified Advisor:

Avanza

Tel: +46 409 421 20

Email: corp@avanza.se

About SciBase and Nevisense

SciBase AB is a Swedish medical technology company and a global leader in breakthrough point-of-care technology for the evaluation of skin disorders such as skin cancer and atopic dermatitis. Their flagship product Nevisense assists physicians in the detection of melanoma at its earliest, most curable stage. Melanoma is the deadliest form of skin cancer and has an almost 100% cure rate if caught early. Further development has led to Nevisense also being used as a tool to assess the skin barrier and inflammation in research. SciBase was founded by Stig Ollmar, Associate Professor at The Karolinska Institute in Stockholm, Sweden. Nevisense is based on substantial research and has achieved excellent results in the largest clinical study ever conducted on the detection of malignant melanoma. Nevisense is CE marked in Europe, has TGA approval in Australia and is FDA Approved in the United States. Nevisense is based on a method called Electrical Impedance Spectroscopy (EIS), which uses the varying electrical properties of human tissue to categorize cellular structures and thereby detect malignancies and abnormalities. SciBase is listed on First North Growth Market ("SCIB"). Further information is available at www.scibase.com.

Frederick Johansson (representing SEB Venture Capital,

Filip Petersson (SEB pensionsstiftelse),

Christer Jönsson (Fouriertransform),

Tord Lendau (Chairman of the Board).

The appointments have been made in accordance with the instructions regarding principles for the appointment of the company nominating committee which were determined at the Annual General Meeting of SciBase Holding on May 16, 2019.

The Annual General Meeting of SciBase Holding AB (publ) will be held on May 14, 2020 in Stockholm.

Shareholders who wish to have an item considered at the Annual General Meeting can submit a request to the Board to this effect. Such a request for an item to be considered is to be sent to SciBase Holding AB (publ), Att: Chairman of the Board, Box 3337, 103 67 Stockholm, and must have been received by the Board no later than seven weeks before the Annual General Meeting, or otherwise in such good time that the matter, where necessary, can be included in the notice to attend the Annual General Meeting.

Stockholm, November 8, 2019

SciBase Holding AB (publ)

For more information, please contact:
Tord Lendau, Chairmain of the board, phone +46 (0)70 810 01 67

Michael Colérus, CFO, phone +46 70 341 34 72

Certified Advisor (CA):

Avanza

Tel: +46 8 409 421 20

Email: corp@avanza.se

The initial order consists of six Nevisense systems and electrodes. Advanced Dermatology, P.C. with a total of over 40 dermatology clinics is one of the largest practice groups in the New York tri-state area; and has the potential to become a key customer for SciBase.

"We are looking forward to integrating Nevisense into our practice group and providing our patients with innovative FDA approved technology for the earliest detection possible of melanoma" said Dr. Fox, founder and director of Advanced Dermatology, P.C., the Center for Laser and Cosmetic Surgery.

"Part of our US strategy focuses on large groups of dermatology practices. This is the first multiple site order we receive from such a group. They have tested Nevisense in a pilot and have now placed an initial order for six Nevisense systems and electrodes. Though a relatively moderate order size, this is an important recognition of the potential of Nevisense as we work to penetrate the large US market", says Simon Grant, CEO of SciBase.

For more information, please contact:
Simon Grant, CEO SciBase
Tel: +46 72 887 43 99
Email: simon.grant@scibase.com

Certified Advisor:

Avanza

Tel: +46 409 421 20

Email: corp@avanza.se

About SciBase and Nevisense

SciBase AB is a Swedish medical technology company, headquartered in Stockholm that has developed and sells a unique point-of-care device for evaluation of skin disorders such as skin cancer and atopic dermatitis. Its first product, Nevisense, helps doctors to detect malignant melanoma, the most dangerous type of skin cancer. Further development has led to Nevisense also being used as a tool to assess the skin barrier and inflammation. SciBase was founded by Stig Ollmar, Associate Professor at The Karolinska Institute in Stockholm, Sweden. Nevisense is based on substantial research and has achieved excellent results in the largest clinical study ever conducted on the detection of malignant melanoma. Nevisense is CE marked in Europe, has TGA approval in Australia and an FDA approval (PMA) in the United States. Nevisense is based on a method called Electrical Impedance Spectroscopy (EIS), which uses the varying electrical properties of human tissue to categorize cellular structures and thereby detect malignancies and abnormalities. SciBase is listed on First North Growth Market ("SCIB"). Further information is available at www.scibase.com.