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Kuros Biosciences AG Wagistrasse 25 8952 Schlieren, Switzerland http://kuros.ch
Contact Mr Daniel Geiger +41 79 673 43 69
Company logo of Kuros Biosciences AG
Kuros Biosciences AG

Kuros reports Corporate Highlights as of Q1 2024 including increase in direct MagnetOsTM sales

Ad hoc announcement pursuant to Article 53 of the SIX listing rules

(PresseBox) (Schlieren, Zurich, Switzerland, )
Financial Highlights


Direct MagnetOs sales rose by 155% to CHF 13.9 million in Q1 2024 from CHF 5.4 million in Q1 2023; this corresponds to a sequential increase of 21.9% or CHF 2.5 million over Q4 2023
Total Kuros Medical Devices segment sales accelerated to CHF 13.9 million in Q1 2024 from CHF 5.6 million in Q1 2023
Kuros Medical Devices segment achieved a positive EBITDA of CHF 3.9 million in Q1 2024 compared to CHF 0.5 million in Q1 2023
Cash and cash equivalents amounted to CHF 13.7 million, funds available (including trade and other receivables) totaled CHF 23.5 million as nt Aagib 02, 4186


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