Capnor Weasel Bidco Oyj, Half Year Financial Report, January – June 2023
Half Year Financial Report 2023 Second quarter highlights · Revenue increased by 1% to MEUR 29.1 (28.8) · EBITDA decreased to MEUR 2.8 (4.7), corresponding to a 10% (16%) EBITDA margin · EBIT decreased to MEUR 0.3 (2.4), corresponding to a 1% (8%) EBIT margin · Operational Cash Flow was negative at MEUR-6.9 (+0.4) Significant events during the quarter · Market entry to the US is on schedule and progressing as planned · iLOQ to partner up with Genetec to create secure and streamlined access management solutions · iLOQ announced that Tierps Energi och Miljö AB