Q1 Q2 2023 Jan - June 2023

Jan – Jun 2023

  • Revenue amounted to 65.4 MSEK (73.1), a decrease of 11% from the
    same period in 2022
  • Gross Profit amounted to 30.2 MSEK (42.3), a decrease of 29% from the
    same period in 2022
  • Operating costs amounted to 38.4 MSEK (38.8), a reduction of 1% from
    the corresponding period in 2022
  • An EBITDA result of -8.2 MSEK (3.5)
  • Exceptional items of 1.9 MSEK (0.1 positive) related to restructuring costs
    and share options included in operating profit
  • Net Profit after tax for the period was -16.6 MSEK (-2.4)

Quarter: Apr – Jun 2023

  • Revenue amounted to 32.8 MSEK (36.6), a decrease of 10% from the
    corresponding period in 2022
  • Gross Profit amounted to 15.3 MSEK (20.7), a decrease of 26% from the
    corresponding period in 2022
  • Operating costs amounted to 19.6 MSEK (19.6), the same as Q2 2022
  • An EBITDA result of -4.2 MSEK (1.0)
  • Net Profit after tax for the period was -9.5 MSEK (-1.8)

Additional Highlights

  • 24.1 MSEK (annualised) of new business signed in Q2
  • 4.3 MSEK (annualised) of new business signed in Q3 to date
  • Restructuring to result in cost savings of approximately 18.5 MSEK
    annually / 8.5 MSEK in Q3/4 2023
See full Q1 Q2 2023 Results