Providing proven, focused software for health and emergency professionals to know more and work smarter.
3
Software niches - business areas
Emergency
Woman & Child
Medication Management
Managing every aspect of the
Safeguarding pregnancy,
Decision support, safe and
emergency response value chain
childbirth and infancy
effective oncology treatments
Connected Imaging
LIMS
Health Analytics
Leading imaging solutions and
End-to-end blood, cell, and tissue
secure information sharing
management
Improving the quality of medical data from collection to analysis
4
Long-term recurring revenue with minimal churn….
1
Recurring Revenue
79%
1
4 Otherincome
Sales
2
License Sales
split Q1 2024 4
2
3
3
Professional
Services
2%
4%
16%
Recurring revenue
Software revenue
Semi-recurring
5
…from solid public healthcare customers
>20
years
>10
years
Note: 1) Churn of recurring revenue from lost contracts
Solid counterparties
+90% of revenue from public healthcare accounts
High stickiness
Predictable revenues for years, sometimes decades
High diversification
+600 contracts across
27 countries
2% churn1)
Mission-critical systems favours contract continuity
6
Performance Q1-2024 compared to Q1-2023
106 MNOK
Q1'24
vs 102 MNOK Q1'23
7,1%
COGS Q1'24
vs 8,4% Q1'23
5%
Organic growth
Q1'24 vs Q1'23
63,4%
Salary cost Q1'24
vs 70,7% Q1'23
(% of total revenue)
83%
License sales & recurring revenue
291
Employees
Q1'24
vs 297 Q1'23
14%
EBITDA margin Q1'24
vs 5% Q1'23
14,8%
Other cost Q1'24
vs 15,6% Q1'23
(% of total revenue)
7
Q1-2024 - Overall income & cost reflections
Ok
Ok
Weak
Ok
High
Ok
Professional Services in Q1'24 are lower than expected
Q1'24 has a resource pool cost with higher income potential than displayed in the quarter
8
Omda's key building blocks and value creation model
Revenue build-up
IV
III
II
I
M&A as an integral part of Omda's DNA through a clearly defined BIB strategy
Acquired revenue
Profitable organic growth
Public customer base of long-term recurring revenues
Specialised software for healthcare and emergency response
Large underlying market with structural growth
9
Omda's history and direction
Start-up
Export
#1
Profitability
Europe
Worldwide
Norwegian
Export to
The #1 in niche
Decentralisation
Focus on strong
Leader in
start-up in
Sweden & small
software in the
and margin
growth in
specialised
hospital
acquisitions
Nordics
improvement
Europe
niches
1999 - 2009
2010 - 2014
2015 - 2021
2022 - 2023
2025
2030
15 companies acquired & integrated
Business plan priorities
SmartWare
Organic
Profitability
growth
Natus
Cash discipline
Acquisitions
Attachments
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Disclaimer
Omda AS published this content on
13 May 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
14 May 2024 05:32:03 UTC.
Omda AS, formerly known as CSAM HEALTH GROUP AS, is a Norway-based provider of specialised software for healthcare sector. Its specialized software solutions are instrumental in the clinical care processes of healthcare providers and in enabling emergency responders to enhance public safety. The Companyâs product portfolio includes solutions in public safety, connected healthcare, women and children's health, laboratory information management systems, medical imaging, medication management, and health analytics. Its headquartered in Oslo, Norway with local offices in Sweden, Denmark, Finland, UK, Lithuania, Spain, New Zealand, the United States and the Philippines. The Company delivers software and services to almost all hospitals in the Nordic region.