Recovery From Distressed Debt Swaps Beats Bankruptcy, Fitch Says
Such swaps have yielded an average recoveries of between 77.8% and 92.8%, according to Fitch, which analyzed transactions from 2024 through the first quarter.
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Interim Report April-June 2025: 88% Growth in Local Currency
UPPSALA, SE / / July 18, 2025 / Senzime (STO:SEZI)(OTCQX:SNZZF) - Senzime AB's (publ) interim report for April - June 2025 is now available on the company's website Financial information April - June 2025 Net sales grew by 72% to TSEK 25,695 (14,917). Currency-adjusted net sales grew by 88%. Sales of instruments/other grew by 83% to TSEK 11,896 (6,505), and sales of disposable sensors grew by 64% to TSEK 13,800 (8,412). Gross margin before depreciation amounted to 61.8% (63.3), affected by currencies and US tariffs. Operating expenses amounted to TSEK 40,207 (39,388). EBITDA improved by 18% to TSEK -23,573 (-28,858). Profit after financial items amounted to TSEK -34,159 (-34,259). Earnings per share amounted to -0.24 SEK (-0.28). Cash and cash equivalents as of 30 June 2025 amounted to TSEK 132,162 (80,184). Financial information January - June 2025 Net sales grew by 82% to TSEK 49,195 (27,037). Currency-adjusted net sales increased by 90%. Sales of instruments/other increased by 86% to TSEK 21,133 (11,369). Sales of disposable sensors increased by 79% to TSEK 28,062 (15,668). Gross margin before depreciation amounted to 63.8% (63.7). Operating expenses amounted to TSEK 77,505 (76,829). EBITDA increased by 23% to TSEK -44,411 (-57,404). Profit after financial items amounted to TSEK -69,681 (-62,978). Earnings per share amounted to -0.50 SEK (-0.51). Cash and cash equivalents as of 30 June 2025 amounted to TSEK 132,162 (80,184). Philip Siberg, CEO, commented: " Our momentum continues. Revenue in the second quarter increased by 72 percent to SEK 25.7 million. Once again, a quarter of record sales, more secured hospital contracts, and extensive deliveries in the U.S. market. However, the weakened dollar exchange rate slightly dampened sales during the quarter. With the same exchange rates as in the same quarter last year, growth would have amounted to 88 percent. For the half-year, the corresponding growth rate was 90 percent. EBITDA improved by just over SEK 5 million, demonstrating that profits are improving alongside increased revenues. During the second quarter, we delivered 727 TetraGraph systems. This compares with 440 systems in the first quarter. The volume during the first half of the year has more than doubled compared to the same period last year. We have now delivered over 4,100 systems and the pace is increasing rapidly. Deliveries of disposable sensors have doubled in volume this year. Over 180,000 sensors have been shipped this year and the utilization rate of monitors sold continues to develop positively. We now have hospitals that have standardized monitoring with our technology and have a utilization rate of over seven sensors per week and TetraGraph. We conducted an efficient directed share issue of SEK 110 million at market price. There was strong interest, and the capital gives us the means to continue executing our strategic plan with strength and to reach positive cash flow. Our pipeline is strong, we are gaining market share, and demand is high. The outlook for the full year is very positive, and we aim to announce several more exciting developments during the year." Presentation of Senzime's second quarter 2025 report A webcast presentation of the second quarter report for 2025 will be held on July 18, 13:00 CEST. The presentation will be held by Philip Siberg, CEO of Senzime, and after the presentation, there will be a Q&A session moderated by Klas Palin, analyst at Carnegie Investment Bank. The presentation will be held in English. The presentation will be accessible at Senzime's website For further information, please contact: Philip Siberg, CEO of Senzime ABPhone: +46 (0) 707 90 67 34, e-mail: Slavoljub Grujicic, CFOPhone: +46 (0) 76 306 60 11, e-mail: About Senzime Senzime is a leading medical device company at the forefront of a changing healthcare market, driven by new clinical guidelines and emerging technologies. Established in 1999, Senzime develops and markets precision-based monitoring systems that improve outcomes, reduce costs, and advance perioperative patient safety. The flagship solution is the TetraGraph® system, proven best-in-class for accurate monitoring of neuromuscular transmission during surgery and used in thousands of operating rooms across the globe. The system helps to secure precise dosing of paralytic drugs and provides enhanced insights to safeguard every patient's journey, from anesthesia to in Uppsala, Sweden, Senzime is publicly traded on the Nasdaq Stockholm Main Market (SEZI), with cross-trading on the US OTCQX Market (SNZZF), and backed by long-term investors. More information is available at . This information is information that Senzime is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-07-18 08:30 CEST. Attachments Senzime Interim Report Q2 SOURCE: Senzime View the original press release on ACCESS Newswire Sign in to access your portfolio
Yahoo
4 hours ago
- Yahoo
See how your credit score impacts your mortgage rate
Since 30-year mortgage interest rates plunged in 2021, potential home buyers have been comparing prevailing home loan interest rates to historic lows. It's easy to understand. Rates in the 2% to 3% range happened less than four years ago. They are permanently imprinted in our brains. Current mortgage rates, pushing 7%, have been around for about three years — but hadn't been previously seen since 2007. Even so, you can lower the mortgage rate a lender offers you by as much as 1.25 percentage points by increasing your credit score. In the best-case scenario, that could save you over $91,000 in interest over the life of a $300,000 home loan and reduce your monthly payment by over $250. (Based on the interest rate difference from the lowest to the highest credit tier on a loan with 20% down and one discount point, which we'll dive into below.) This embedded content is not available in your region. Learn more: The minimum credit score needed to buy a house Mortgage rates by credit score: July 2025 Compiled by Curinos, a data and analytics company for here are sample average national mortgage annual percentage rates (APRs) by credit score tier as of July 2025. At the time of writing, the average APR listed is the same once your credit score hits 700. But keep in mind that this won't always be the case, and these rates are not guaranteed. Your credit score is a major component in determining your mortgage rate, but factors such as your debt levels and down payment size also play a role. How does your monthly mortgage payment change by credit score? The table below shows the representative credit score tiers with sample monthly mortgage payments and the total interest paid over a 30-year term, using the same loan parameters as above. Read more: How much is the monthly payment on a $300,000 mortgage? Up Next Up Next Other factors that impact your mortgage rate In addition to your credit score, mortgage lenders will consider such factors as: Your debt-to-income ratio. DTI ratio is calculated by dividing your total monthly debt by your monthly income before taxes and deductions. The loan-to-value ratio of your mortgage. LTV ratio is the amount of your mortgage compared to the market value of the home. It is primarily a function of your down payment. Your down payment amount. The more money you put down, the lower your LTV ratio. That gives a lender more pledged collateral to work with. The more security a lender has, the better your mortgage rate may be. The length of your loan. Called the 'loan term,' the repayment period can certainly impact your mortgage rate. A 15-year fixed mortgage loan has a lower rate than a 30-year fixed-rate mortgage. Dig deeper: How to choose between a 15-year and 30-year mortgage term Mortgage rates also vary by loan program The most common mortgage is a conventional loan. Lenders issue conventional loans based on qualifications set by government-backed companies Fannie Mae and Freddie Mac. The mortgage rates you see above are for conventional loans. However, there are other loans that are backed by government agencies, such as: USDA loans for suburban and rural mortgages FHA loans, often used by first-time home buyers of modest financial means. VA loans, issued to borrowers with military connections. Of all these loan types, VA loans often have the lowest mortgage rates. Keep reading: The best VA mortgage lenders right now Mortgage rates by credit score FAQs What is the 800 credit score mortgage rate? As of July 16, 2025, an FICO 800 credit score will earn you a 6.644% mortgage rate. This is based on a national average, and your home loan rate could be higher or lower, depending on your down payment, the property's location, and your credit profile. What credit score is needed for a $250,000 house? With an FHA loan, you may qualify to buy a $250,000 house with a credit score as low as 500, with 10% down. A conventional loan will likely provide a lower mortgage rate, but you'll need a 620 FICO score to be eligible. Will interest rates reach 3% again? Historically low mortgage rates of 3% and below resulted from aggressive interest rate cuts by the Federal Reserve in reaction to the COVID pandemic. For rates to sink that low again would take an equally serious threat to the nation's economy. What is a good mortgage rate right now? A good mortgage rate would be in the 6.77% range or lower. That's the median rate based on the current mortgage rates by credit score shown above. Freddie Mac reports that the average 30-year mortgage rate is 6.72% as of July 10, 2025. However, that rate may include fees and discount points. Laura Grace Tarpley edited this article.
Yahoo
5 hours ago
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Study: Wisconsin among top 10 states for least people in financial distress
(WFRV) – A new WalletHub study ranked the nation's 50 states from the most to least people in financial distress, and Wisconsinites will likely be pleased to find out where their state ranks. According to the study, Wisconsin ranked No. 41 in terms of financially distressed individuals; in other words, the Badger State ranks No. 10 in terms of least financial distress among its residents. 'Kringle For A Cause:' Uncle Mike's releases new kringle to help Texas flood victims WalletHub's study gave Wisconsin a score of 36.34, better than Michigan's 36.53 and slightly higher than Maryland's 36.17. WalletHub's study indicated that a higher score means more people are in financial distress. The rankings were based on six categories and scored in the following ways: Credit score – 16.66 total points Average March credit score – roughly 11.11 points Change in Credit Score from March 2024 to March 2025 – about 5.55 points People who have accounts in distress – 16.66 total points Share of people with accounts in distress in Q1 2025: – about 8.33 points Change in share of people with accounts in distress from Q1 2024 to Q1 2025 – about 8.33 points Average number of accounts in distress – 16.66 total points Average number of accounts in distress in Q1 2025 – about 8.33 points Change in average number of accounts in distress from Q1 2024 to Q1 2025 – about 8.33 points Change in bankruptcy filings from March 2024 to March 2025 – 16.66 total points 'Debt' search interest index – 16.66 total points 'Loans' search interest index – 16.66 total points All of the data from the WalletHub study was compiled from their database, Google Trends, TransUnion and the Administrative Office of the United States Courts. Annual fundraiser golf outing raises over $15k for Green Bay dog rescue Among the Midwest, Wisconsin had the fewest people in distress, according to the study, ahead of Michigan and Illinois, which ranked at No. 40 and No. 37, respectively. The full study can be seen on WalletHub's website. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
