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Press Releases

Coala Life November monthly KPI´s USA

KPI´s November 2023:– Patients in RPM as of November 30, 2023: 3,800– Annual revenue rate as of November 30, 2023: $3.7 million Explanations of KPI´sPatients in RPM as of November 30, 2023 – Number of patients that the company monitors in USA at the end of November.Annual revenue rate as of November 30, 2023 – Estimated recurring…

Coala Life Key Figures September USA

Key figures for August 2023: Patients in remote monitoring as of September 30, 2023: 4,400 Annualized revenue as of September 30, 2023: $5.0 million Explanations of key figuresPatients in remote monitoring as of September 30, 2023 – The number of patients the company monitored remotely at the end of September.Annualized revenue as of September 30,…

Coala Life receives subscription commitments and declarations of intent to subscribe through exercise of warrants amounting to approximately SEK 5.6 million

Coala-Life Group AB (publ) (“Coala Life” or the “Company”) has received subscription commitments and declarations of intent to subscribe through exercise of warrants of series TO 1 (the “Warrants”). The subscription commitments and declarations of intent to subscribe amount to approximately SEK 5.6 million in total, corresponding to approximately 40.4 per cent of the Warrants.…

Coala Life August monthly KPI’s USA

KPI’s August 2023: Patients in RPM as of August 31, 2023: 4,400 Annual revenue rate as of August 31, 2023: 5.2 MUSD Explanations of KPI’sPatients in RPM as of August 31, 2023 – Number of patients that the company monitors in USA at the end of August.Annual revenue rate as of August 31, 2023 –…

CEO subscribes for shares in Coala-Life Group AB (publ)

Coala Life's CEO, Dan Pitulia, has subscribed for 10,526,316 shares through a pension insurance on 30 August 2023 for SEK 4 million, with a subscription price of SEK 0.38 per share outside the Nasdaq First North Growth Market. The right to subscribe for the shares was resolved at an extraordinary general meeting on 31 July…

Coala Life’s unique system receives CE-mark according to MDR

Coala Life today proudly announces that its portable ECG solution, Coala Heart Monitor, has been certified as a Class IIa medical device in conformity with the new European Medical Device Regulation 2017/745 (MDR). This is an important milestone for the company and a prerequisite to be able to expand the company's offer in Europe and…

CEO buys shares in Coala-Life Group AB (publ)

Coala Life's CEO, Dan Pitulia, has acquired 300,000 shares on August 22, 2023 for approximately SEK 0.1 million, with an average price of SEK 0.338 per share on Nasdaq First North Growth Market. About us Coala-Life Group AB (“Coala Life” or the “Company”) founded in 2015, is a Cloud Based Software as a Service provider,…

Coala Life July monthly KPI’s USA

KPI’s July 2023: Patients in RPM as of July 31, 2023: 4,100 Annual revenue rate as of July 31, 2023: 5.0 MUSD Explanations of KPI’sPatients in RPM as of July 31, 2023 – Number of patients that the company monitors in USA at the end of July.Annual revenue rate as of July 31, 2023 –…

Coala Life is proud to announce certification according to new ISO 27001:2022 standard

Coala Life has passed an independently performed security review through an external audit and received its ISO 27001 re-certification according to the new updated standard of ISO 27001:2022. The ISO (International Organization for Standardization) is an independent, organization that sets global standards for security and safety. ISO 27001, which is part of a family of…

Coala Life June monthly KPI’s USA

KPI’s June 2023: Patients in RPM as of June 30, 2023: 4,100 Annual revenue rate as of June 30, 2023: 5.6 MUSD Explanations of KPI’sPatients in RPM as of June 30, 2023 – Number of patients that the company monitors in USA at the end of June.Annual revenue rate as of June 30, 2023 –…

CEO buys shares in Coala-Life Group AB (publ)

Coala Life's CEO, Dan Pitulia, has acquired 700,000 shares on June 29, 2023 for approximately SEK 0.3 million, with an average price of SEK 0.387 per share on the Nasdaq First North Growth Market. About us Coala-Life Group AB (“Coala Life” or the “Company”) founded in 2015, is a Cloud Based Software as a Service…

Coala Life May monthly KPI’s USA

KPI’s May 2023: Patients in RPM as of May 31, 2023: 3,800 Annual revenue rate as of May 31, 2023: 5.7 MUSD Explanations of KPI’sPatients in RPM as of May 31, 2023 – Number of patients that the company monitors in USA at the end of May.Annual revenue rate as of May 31, 2023 –…

Coala Heart Monitor as part of digital venture in remote patient monitoring

Stockholm Regional Council will be starting an effort to investigate digital devices in remote patient monitoring this year. Coala Life is one of three partners selected to participate in this pilot project. Around 50 of the patients included in the study have heart conditions, such as atrial fibrillation, and are monitored digitally from their homes.…

Coala Life April monthly KPI’s USA

KPI’s April 2023: Patients in RPM as of April 30, 2023: 3,700 Annual revenue rate as of April 30, 2023: 5.4 MUSD Explanations of KPI’sPatients in RPM as of April 30, 2023 – Number of patients that the company monitors in USA at the end of April.Annual revenue rate as of April 30, 2023 –…

Coala Life March monthly KPI’s USA

KPI’s March 2023: Patients in RPM as of March 31, 2023: 3,700 Annual revenue rate as of March 31, 2023: 4.8 MUSD Explanations of KPI’sPatients in RPM as of March 31, 2023 – Number of patients that the company monitors in USA at the end of March.Annual revenue rate as of March 31, 2023 –…

Coala Life February monthly KPI’s USA

KPI’s February 2023: Patients in RPM as of February 28, 2023: 3,700 Annual revenue rate as of February 28, 2023: 4.6 MUSD Explanations of KPI’sPatients in RPM as of February 28, 2023 – Number of patients that the company monitors in USA at the end of February.Annual revenue rate as of February 28, 2023 –…

New published study validating diagnostic accuracy of Coala Heart Monitor

Non-invasive Coala Heart Monitor has been validated for diagnostic accuracy, compared to reference standard 12-lead-electrocardiogram, to help detect atrial tachyarrhythmia and atrial fibrillation. Coala Life, an innovative Swedish medical device company offering remote patient monitoring solutions, today announce the results of yet another study validating the use of Coala Heart Monitor. In this validation study,…

Coala Life January monthly KPI’s USA

KPI’s January 2023: Patients in RPM as of January 31, 2023: 3,800 Annual revenue rate as of January 31, 2023: 3.7 MUSD Explanations of KPI’sPatients in RPM as of January 31, 2023 – Number of patients that the company monitors in USA at the end of January.Annual revenue rate as of January 31, 2023 –…

Coala Life December monthly KPI’s USA

KPI’s December 2022: Patients in RPM as of December 31, 2022: 3,500 Annual revenue rate as of December 31, 2022: 3.6 MUSD Explanations of KPI’sPatients in RPM as of December 31, 2022 – Number of patients that the company monitors in USA at the end of December.Annual revenue rate as of December 31, 2022 –…

Coala Life November monthly KPI’s USA

KPI’s November 2022: Patients in RPM as of November 30, 2022: 3,100 Annual revenue rate as of November 30, 2022: 3.2 MUSD Explanations of KPI’sPatients in RPM as of November 30, 2022 – Number of patients that the company monitors in USA at the end of November.Annual revenue rate as of November 30, 2022 –…

Coala Life – expanded service brings higher revenue in the US

Coala Life announces today that the company has decided to expand its service for Managed RPM in the USA from December 15, 2022. In the extended service, a more comprehensive analysis and reporting is provided to the care provider. When fully implemented, the expanded service will mean that the revenue per patient increases by about…

Coala Life confirms the financial targets

20% lower costs per SEK sold from Q2 2023 Managed RPM in the US drives growth Coala Life announces that the company confirms its communicated financial goals, to reach positive cash flow and positive EBITDA no later than 2024. Furthermore, it is estimated that the company’s costs per SEK sold, i.e. in relation to turnover,…

CEO buys shares in Coala-Life Group AB (publ)

Coala Life's CEO, Dan Pitulia, acquired 300,000 shares on August 23, 2022 at a total value of approximately 0,64 MSEK, with an average price per share of 2.13 SEK. The shares were acquired on Nasdaq First North Growth Market. Following the acquisition, Dan Pitulia owns a total of 3,811,279 shares, corresponding to 4.80 percent of…

Interview with Coala Life’s CEO, Dan Pitulia on the acquisition of Vitrics Management Group Inc and the Q2 report

Investors, analysts and journalists are invited to watch an interview with CEO Dan Pitulia that covers the acquisition of Vitrics and the Q2 report, led by Jessica Grunewald, analyst at Redeye. The interview can be viewed via the following link:https://redeye-3.wistia.com/medias/mnm4dyu7lq About us Coala Life is a medical device company founded in Sweden focusing on cloud-based…

Correction: CEO buys shares in Coala-Life Group AB (publ)

Correction refers to reference to incorrect date changed in this press release: CEO buys shares in Coala-Life Group AB (publ) Coala Life's CEO, Dan Pitulia, acquired 100,000 shares on July 15, 2022 at a total value of approximately 0,245 MSEK, with an average price per share of 2,4550 SEK. The shares were acquired on Nasdaq…

CEO buys shares in Coala-Life Group AB (publ)

Coala Life's CEO, Dan Pitulia, acquired 100,000 shares on June 15, 2022 at a total value of approximately 0,245 MSEK, with an average price per share of 2,4550 SEK. The shares were acquired on Nasdaq First North Growth Market. Following the acquisition, Dan Pitulia owns a total of 3,511,279 shares, corresponding to 4.42 percent of…

Coala Life is pleased to announce the launch of our new website.

We encourage everyone to visit and explore the website! https://www.coalalife.com/en/ Our goal with this new website is to create a more user-friendly experience and give our visitors an easy way to discover more about our services and the solutions we can offer. A more modern look, simplified navigation, responsive layout for smartphone users, and more…

CEO buys shares in Coala-Life Group AB (publ)

Coala Life’s CEO, Dan Pitulia, acquired 500,000 shares on June 9, 2022 at a total value of approximately 1,6 MSEK, with an average price per share of 3.2277 SEK. The shares were acquired on Nasdaq First North Growth Market.

Coala Life presents Q1 report via live webcast

On May 24, 2022, Coala Life will publish its report for the first quarter of 2022. On the same day at 09.00 CEST, investors, analysts and journalists are invited to a webcast where CEO Dan Pitulia presents the report and latest updates from the market followed by a question-and-answer session led by Erik Nordström, analyst…

Coala Life presents at the Redeye Artificial Intelligence Seminar 2022

On March 16 at 1.50pm, Dan Pitulia, CEO of Coala Life will present the latest developments in the company at Redeye. The presentation is live broadcasted and can be followed at https://us02web.zoom.us/j/86991641341?pwd=WGx2V0c1aXkvbVhBQTdhdWhESGZiUT09 where the replay and the presentations will be available afterwards. About us Coala Life is a medical device company founded in Sweden focusing…

Health economic analysis by Swedish Dental and Pharmaceutical Benefits Agency shows cost-effectiveness of using Coala Heart Monitor Pro in primary care

The Swedish Dental and Pharmaceutical Benefits Agency (TLV) has, at the request of the Medical Technology Product Council (MTP), carried out a Health economic analysis of Coala Heart Monitor Pro for remote monitoring and diagnosis of atrial fibrillation. The results have now been published by TLV with the conclusion that…

RedEye publishes analyst report of Coala Life

The analyst report is avaialble on the web of RedEyes and Coala Lifes. The analyst report is also available as attached PDF-file. About us Coala Life is a medical device company founded in Sweden focusing on cloud-based cardiac and pulmonary diagnostics. The company has developed and launched the Coala Heart Monitor – a multi-award winning,…

Coala Life started trading on Nasdaq First North

Today trade in Coala Life began after RNB Retail and Brands ("RNB") completed the acquisition and Nasdaq approved the company for listing on First North. RNB is now changing its name to Coala-Life Group AB and Coala Life's board, CEO and management will take over. About us Coala Life is a medical device company founded…

Completion: RNB Retail and Brands sets record date for aggregation of shares

On October 29, 2021, RNB Retail and Brands AB (“RNB” or “the Company”) published a press release with information that the record date for the aggregation of the Company's shares, whereby the number of shares in the Company is reduced by adding 50 shares to one share, had been determined. until 5 November 2021. The…

Information about RNB’s continued process of reviewing the company’s future

As informed in RNB Retail and Brands AB (the “Company")'s most recent quarterly reports, the company is reviewing the possibilities of continuing as an independent listed company. This work examines several different alternatives, including acquiring complementary operations by issuing new shares or selling existing operations and acquiring new operations. The company is also investigating the…

Invitation to Q3 presentation on 1 July

RNB RETAIL AND BRANDS will announce the third quarter results (March 2020 – May 2021) on Thursday 1 July. RNB RETAIL AND BRANDS invites investors, analysts, and media to a presentation of the quarterly report, where CEO Kristian Lustin and Interim Group Business Controller Richard Roa comment on the report. The presentation will be held…

Invitation to Q2 presentation on 15 April

RNB RETAIL AND BRANDS will announce the second quarter results (December 2020 – February 2021) on Thursday 15 April. RNB RETAIL AND BRANDS invites investors, analysts, and media to a presentation of the quarterly report, where CEO Kristian Lustin and Interim Group Business Controller Richard Roa comment on the report. The presentation will be held…

Invitation to Q1 presentation on 22 December

RNB RETAIL AND BRANDS will announce the first quarter results (September 2020 – November 2020) on Tuesday 22 December. RNB RETAIL AND BRANDS invites investors, analysts, and media to a presentation of the quarterly report, where CEO Kristian Lustin and Interim Group Business Controller Richard Roa comment on the report. The presentation will be held…

The corporate reorganisations in RNB Retail and Brands’ subsidiaries are completed

The approved composition proposals from RNB Retail and Brands AB (publ) subsidiaries Brothers AB, Departments & Stores Europe AB and Polarn O. Pyret AB have gained legal force and the corporate reorganizations are completed. On October 16, the Stockholm District Court upheld the submitted composition proposals from Brothers AB, Departments & Stores Europe AB and…

Invitation to Q4 presentation on 22 October

RNB RETAIL AND BRANDS will announce the fourth quarter results (September 2019 – August 2020) on Thursday 22 October. RNB RETAIL AND BRANDS invites investors, analysts, and media to a presentation of the quarterly report, where CEO Kristian Lustin and Interim Group Business Controller Richard Roa comment on the report. The presentation will be held…

New CEO of Brothers

RNB Retail and Brands' Brothers business area changes CEO. Lina Söderqvist, current CEO of Brothers, has chosen to leave Brothers and will be replaced by Brothers' current Deputy CEO/Assortment Director Christopher Englinde. Christopher will take office on September 1, 2020. “Lina Söderqvist has in an excellent way led the work of developing an updated customer-focused…

Invitation to Q3 presentation on 8 July

RNB RETAIL AND BRANDS will announce the third quarter results (September 2019 – May 2020) on Wednesday 8 July. The reporting date has been moved because of the work on the subsidiaries' corporate restructuring. RNB RETAIL AND BRANDS invites investors, analysts, and media to a presentation of the quarterly report, where CEO Kristian Lustin and…

Invitation to Q2 presentation on 23 March

RNB RETAIL AND BRANDS will announce its second quarter results (September 2019 – February 2020) on Monday 23 March.   RNB RETAIL AND BRANDS invites investors, analysts and media to a presentation of the quarterly report, where CEO Kristian Lustin and Interim Group Business Controller Richard Roa comment on the report. The presentation will be…

Boards of RNB’s business areas

Following the separation of the business areas, the board of RNB Retail and Brands AB (publ) proposes new compositions of members of the business areas’ boards from mid-December 2019.

Decided changes to the bond

RNB RETAIL AND BRANDS AB (PUBL) (“RNB” or the “Company”) proposed changes to the Company’s outstanding bond (ISIN: SE0010625830) (the “Bond”) have been approved.

Invitation to Q3 presentation on 27 June

RNB RETAIL AND BRANDS will announce its third quarter results (September 2017 – May 2018) on Wednesday 27 June at 07.00 (CET). RNB RETAIL AND BRANDS invites investors, analysts and media to a presentation of the quarterly report, where CEO Magnus Håkansson and CFO Kristian Lustin comment on the report. The presentation will be held…

Admission to trading of RNB’s notes at Nasdaq Stockholm

RNB Retail and Brands AB (publ) (the "Company") announced on 16 March 2018 a prospectus regarding senior secured notes with a maturity of 3 years and a frame of SEK 600 M (the "Notes"). As of today, SEK 400 M has been issued. The Company's intention to apply for listing and admission to trading of…

Polarn O. Pyret increases focus on online growth

RNB-owned Polarn O. Pyret, which in the last year has seen e-commerce growth of 30% in Sweden, and made major investments in omnichannel and digital development, is now initiating an exclusive collaboration with Boozt.com with products available starting with the fall collection 2018.

Invitation to Q2 presentation on 27 March

RNB RETAIL AND BRANDS will announce its second quarter results (December 2016-February 2017) on Monday 27 March at 07.30 (CET). A teleconference/audiocast will be held on the same day, for analysts, media and investors, at 09.30 (CET). The report will be presented by Magnus Håkansson, President and CEO and Kristian Lustin, CFO. To participate in…

RNB expands Group Management

RNB RETAIL AND BRANDS expands Group Management to include Helena Lundenfelt and Mia Bystedt. Helena Lundenfelt, born 1982, is HR-Manager of RNB RETAIL AND BRANDS and Mia Bystedt, born 1971, holds the position as IT-Manager.The changes will take effect from March 2015 and the Group Management will consist of the following members: Magnus Håkansson, CEO…

New CFO of RNB Retail and Brands

RNB has previously announced that Stefan Danieli is leaving his position as CFO in the spring of 2015. Stefan will be succeeded by Kristian Lustin. Kristian is 44 years old and has an MBA from Uppsala University and is a chartered accountant. Kristian Lustin has an extensive background in all aspects of financial management and…

RNB signs agreement for safer textile factories in Bangladesh

RNB RETAIL AND BRANDS joins the international safety initiative Bangladesh Accord, committing to the goal of a safe and sustainable Bangladeshi Ready Made Garment (RMG) industry.  –       We have made a decision to participate in the Bangladesh Accord as a complement to our own work of monitoring and improving our suppliers. Some of the questions…

ANNOUNCEMENT OF YEAR END REPORT – NEW TIME AT 8 A.M CET

RNB RETAIL AND BRANDS has previously communicated that the year-end report för the fiscal year 2012/2013 will be published on Thursday October 31 at 13:00. The year-end report will instead be published on Thursday October 31 at 08.00 a.m CET. For further information, please contact: Ann-Charlotte Rudels, RNB RETAIL AND BRANDS AB, +46 8 410…

Invitation to presentation of year-end report

A teleconference for investors, analysts and media will be held October 31 at 09:30 where President and CEO Magnus Håkansson and CFO Stefan Danieli will present the year-end report and the development of the RNB operations. The presentation will be held in Swedish and end with a Q&A session where participants are welcome to ask…

Change in reporting

RNB RETAILS AND BRANDS will quit the publication of monthly sales figures, as of the financial year of 2013/2014 (which begins September 1st, 2013) As of the financial year of 2013/2014 sales will be reported in conjunction with the publication of the interim reports. Sales for the first quarter 2013/2014 (September to November) will be…

Hanna Graflund Sleyman new CEO of Departments & Stores

Hanna Graflund Sleyman has been appointed new CEO of Departments & Stores to suceed Amelie Söderberg effective 1 January 2014. Hanna Graflund Sleyman was born in 1978 and holds a Master´s degree from Stockholm School of Economics. Hanna was recruited to Polarn O. Pyret in 2009 and she currently holds the position as assortment director.…

Amelie Söderberg to leave RNB

Amelie Söderberg, CEO of Departments & Stores, a subsidiary of RNB, will leave the company for the position as CEO of Filippa K. Amelie will assume her new position during fall 2013.

RNB divests Kosta Outlet Mode

RNB RETAIL AND BRANDS today announced that the company has entered into an agreement to sell the operations of subsidiary Kosta Outlet Mode AB to the Norwegian retail company Airport Retail Group AS.

RNB RETAIL AND BRANDS LAUNCHES RATIONALIZATION PROGRAMS

RNB RETAIL AND BRANDS is launching a number of Group-wide rationalization programs. The programs include a comprehensive review and coordination of all core functions within JC and Brothers & Sisters in order to implement the rationalization of these positions as well as an additional ten central Group functions. Furthermore, preparations…

RNB subsidiaries JC and Brothers launch e-commerce

JC launched its e-commerce service in the Swedish market yesterday. Brothers will follow suit and launch its e-commerce service next week. These launches will expand accessibility for Brothers and JC and enable 24/7 shopping for their customers. Polarn O. Pyret has offerede-commerce in all EU countries via www.polarnopyret.com ( http://www.polarnopyret.com/…

RNB RETAIL AND BRANDS PARTNERS WITH COOP

RNB RETAIL AND BRANDS has signed a partnership agreement with Coop whereby, as of year-end, Coop members will receive refunds, discounts and exclusive offers from Polarn O. Pyret, JC and Brothers & Sisters.

Exit for the CFO of RNB RETAIL AND BRANDS

Gunnar Bergquist will leave his job as Chief Financial Officer, CFO, of RNB RETAIL AND BRANDS AB. He will leave during the fall of 2012 after some 3 years in the company. A successor has not yet been appointed, but the recruitment process is ongoing.

RNB coordinates logistics operations

RNB RETAIL AND BRANDS has decided to reorganize its logistics operations and is merging the logistics departments for JC/Brothers & Sisters and Polarn O. Pyret into one central organization located in Stockholm, Sweden.

RNB to restructure the Norwegian JC business

RNB Retail and Brands has taken the decision to forcefully reduce/restructure the Norwegian operations in JC. More stores will thus be closed, a reduction from today's 21 stores to 5. These measures lay the foundation for minimized operating losses in JC Norway which amounted to -63 million SEK in the previous financial year. For further…

Coordinated production based in Hong Kong will yield higher gross margin

RNB is continuing its Group-wide program of change and will be opening a production office in Hong Kong on November 1, 2011. The office will coordinate production for the Polarn O. Pyret, Brothers & Sisters and JC subsidiaries, supported by satellite offices that will be opened in Shanghai and Dacca. The coordinated work method will…

Improved efficiency at head office with a profit impact of 15MSEK annually

As part of a broad turnaround plan RNB RETAIL AND BRANDS AB will reorganize in order to improve efficiency and reduce costs. The plan includes a reduction of 30 members of staff with a profit impact of 15MSEK annually with full effect the current year 2011/2012. The reorganization encompasses product and assortment development, design and…

Marthyn Inghamn appointed new President of JC

"Marthyn Inghamn is one of Sweden's most experienced executives when it comes to jeans and relating accessories. The fact that we have now reached an agreement with Marthyn is a key step in the development of JC," says Magnus Håkansson, Chairman of the Board and forthcoming President and Chief Executive Officer of RNB RETAIL AND…

Polarn O. Pyret now on Amazon.com

Polarn O. Pyret continues its expansion into the US with sales via Amazon.com, the world's largest online retailer. Most of the range is already available, and the aim is to launch the entire range during 2011. Polarn O. Pyret's Master Franchisee launched sales in the US via e-trading in 2008. Since autumn 2010, Polarn O.…

JC strengthens collaboration with franchisees

During the spring, JC and representatives of its franchisee board worked jointly in order to enhance collaboration with the franchisees and create a more competitive mode of operations at JC. These efforts have led to an addendum to the current agreement, which virtually all individual franchisees have recently decided to accept. "Our franchisee chain is…