Strategy and targets
Business strategy
- Development of the existing pipeline
- Expansion to new applications & indications
- Scaling up Pay Per Treatment (PPT) business model
- Operations ramp-up using own factory
- State-of-the-art laser technology
Modulight's business and financial targets
Modulight’s main business targets for the strategy period of 2026-2027 are:
- New customers for existing products
- Platform synergies across applications
- Mass production
- Number of hospitals & usage per site
- Cloud value for customers’ business users
Modulight’s financial targets are to continue strong revenue growth, to return to high EDITDA profitability during the strategy period, and to achieve positive cash flow. The company’s dividend policy remains unchanged.
- Continue growth: strong revenue
- Profitability: return to high EBITDA-% profitability
- Cash flow: positive cash flow
- Dividend policy: all returns invested in organic and inorganic growth, and the company distributes little or no dividends
*Modulight generates most of its current revenue from the products currently in the development stage and the company defines the commercial commissioning stage to have actualized once the company’s revenue exceeds EUR 10 million for the product/customer in question.
Dividend policy
In the coming years, the company will focus on financing the growth and development of its business. The company will adhere to this very stringent dividend policy, which is tied to the company’s results and financial standing. The company expects to distribute only a small amount of dividends or no dividends at all in the near to mid-term.