Diskussion zur BICO Group Aktie WKN: A2PX00 ISIN: SE0013647385 Forum: Aktien User: Hedgehog3

All amounts stated in this press release are preliminary and unaudited. As communicated in the Year-end report 2023, Ginolis has been classified as discontinued operations from Q4 2023 with retroactive effect. BICO’s full financial performance will be presented in the interim report January – March 2024 which will be released, tomorrow, on May 7, 2024, at 07:00am CEST.

Intangible assets including goodwill: the retroactive change has decreased intangible assets with SEK -2,668m as per December 31, 2022, compared to the previously reported balance. The corresponding effect as per December 31, 2023, was SEK -1,838m. Deferred tax liabilities: the retroactive change has decreased deferred tax liabilities with SEK -5m as per December 31, 2022, compared to the previously reported balance. The corresponding effect as per December 31, 2023, was SEK -30m. Equity: the retroactive change has decreased equity with SEK -2,663m as per December 31, 2022, compared to the previously reported balance. The corresponding effect as per December 31, 2023, was SEK -1,808m. Preliminary figures Q1 2024 Net sales is expected to amount to SEK 510.3m (488.7). Adjusted EBITDA is expected to amount to SEK -9m (26.1) corresponding to a margin of -1.8 percent (5.3) and EBITDA is expected to amount to SEK -19.0m (15.7) corresponding to a margin of -3.7 percent (3.2). The cash flow from operating activities is expected to amount to SEK -17.3m (60.4) and cash and cash closing balance per March 31, 2024, amounted to SEK 795.7m.

Wo ist was?

BICO changes method for impairment test of goodwill resulting in retroactive impairment of goodwill for 2022 and 2023 and provides preliminary figures for Q1 2024 BICO Group AB (publ) (“BICO or the company”) has resolved to change method for impairment test of goodwill. This results in a retroactive impairment of goodwill and other intangible assets with an accumulated non-cash effect on EBIT in 2022 and 2023 of SEK -1,788m. The impairment follows discussions with the Council for Swedish Financial Reporting Supervision regarding impairment tests of goodwill made by BICO in 2022 and 2023. The retroactive adjustments regarding impairment of goodwill will be disclosed in the Q1 interim report 2024, to be released tomorrow on May 7, 2024. BICO is also providing preliminary figures for Q1 2024. Impairment tests of goodwill, IAS 36 The Council for Swedish Financial Reporting Supervision (“the Council”) is responsible for reviewing periodic financial information that all Swedish listed companies are obliged to provide pursuant to the Securities Market Act (2007:528). The Council has, as part of their normal oversight of listed companies, reviewed BICO’s Annual report 2022 and more specifically the impairment tests of goodwill, IAS 36, prepared by the Company in 2022. As disclosed in its Annual Reports BICO has historically in its impairment test applied a forecast period of ten years (note 12, Annual report 2022). The ten-year forecast period has also been applied to the goodwill impairments made during 2023 (note 12, Annual report 2023). The chosen period, which has been audited and accepted, was used to reflect the value of the business given its growth prospects. The Company's auditors have reviewed and approved the Annual reports of 2022 and 2023. BICO changes method to a five-year forecast period The Council has advocated that the Company should use a five-year forecast period. BICO has therefore decided to change method for impairment test of goodwill resulting in retroactive effects on the balance sheet and profit and loss statements described further below. The adjustments will have the following effects: Financial reporting When applying a five-year forecast period BICO has concluded an adjusted impairment need in goodwill and other intangible assets with an EBIT effect in 2022 of SEK -2,574m and in 2023 of SEK +785m. The goodwill value per December 31, 2023, has decreased by SEK -1,736m. The adjustments will be disclosed in the Q1 interim report 2024 which will be released, tomorrow, on May 7 2024, 07:00 am CEST. The retroactive impairment of goodwill and other intangible assets and is non-cashflow affecting and will not negatively impact the P&L Q1 2024 figures. The retroactive impairment in the Q1 report will lead to adjustments in the Annual report 2023 and a new adjusted version will be published as soon as possible and before the Annual General Meeting 2024. The table below shows how the adjustment affects the balance sheet for 2022 and 2023

Da isses

Das ist schön, aber ich habe meine Zweifel, die Vergangenheit hat es ja oft gezeigt, nur enttäuschend alles momentan, kein Vorwärtskommen

Nein Madami, aber ich hab so das Gefühl das wird hier heut nen riesen Ding, das wird die Party des Jahres, ja das sagt mir mein instinkt

Woher weißt Du das? Bist Du bei bico beschäftigt? 😄

Timo, die Zahlen morgen werden bombe. Jetzt hab ichs gesagt und so wirds eintreffen

Immerhin 👌🏼 Ja bin auch lange genug und groß genug dabei, deshalb ist es immer wieder spannend. Wenn die Rechnung irgendwann aufgeht lohnt es sich mehr als deutlich :-)

Warum hat der cfo letztes Mal gekauft und die Zahlen waren „schlecht“ - Regulierung etc ist sicher nicht einfach..

Naja, lassen wir uns morgen einfach positiv überraschen

Oder es gibt Leute die schon vorher insider Infos bekommen haben... Ich meine, wenn der quartalsbericht super werden sollte...warum gibt es keine insider Käufe? Ich weiss dass insider Käufe streng reguliert sind und dass es da immer nur bestimmte Zeitfenster für gibt. Aber dennoch ist der letzte insiderkauf fast ein halbes Jahr her, kurz bevor die Info über den mega Deal von Biosero über 28Mio USD veröffentlicht wurde...

Vlt hatten auch welche Angst,vor schlechten Nachrichten und haben verkauft

Auch da bin ich dieses Jahr nach viel hin und her eingestiegen 😄 bin da auch recht optimistisch. Aber bico ist mittlerweile ein herzensprojekt geworden, weil ich schon sehr lange dabei bin, sehr viel recherche betrieben habe und auch mit recht viel drin bin. Deswegen wünsche ich mir einfach mal einen guten quartalsbericht. Das Potenzial ist enorm und wurde teilweise auch gut durch die Story von gatenholm geritten. Aber da muss jetzt echt mal Tacheles her. Ich hoffe unsere neue CEO weiss das Unternehmen in die richtige Richtung zu lenken.