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PMD Device Solutions publishes 2023 Annual report

PMD Device Solutions (PMDS) announces today that the company’s annual report for 2023 is published and available at the website

"In fiscal year 2023, PMDS delivered exceptional results, evidencing a robust growth trajectory with a remarkable surge in Annual Recurring Revenue by a staggering 116% compared to 2022 figures. This achievement translates to a substantial 39 MSEK, representing an impressive 39% of our ambitious 2026 financial milestone. The successful listing on Nasdaq First North signifies a pivotal milestone, reinforcing our strategic objective of reaching profitability in 2024. Moving forward, our focused initiatives entail the continued expansion of RespiraSense within the UK market and the strategic acquisition of Qorum Partners in the US. These strategic moves underscore our unwavering commitment to driving sustained value creation for our shareholders." – Myles Murray, CEO