Q-Free: Second quarter 2021 results
(Oslo, 9 July 2021) Q-Free ASA (OSE: QFR) reported revenues of NOK 253 million (223) in the second quarter of 2021 and an EBITDA of NOK 35 million (26). The company has a backlog of NOK 1.2 billion and reiterates its positive short- and long-term outlook. “Performance in the second quarter was very strong with high organic revenue growth and significantly improved profitability. Both Tolling and Traffic Management contributed to the best quarterly results since 2017,” says Håkon Volldal, President and CEO of Q-Free. In the second quarter of 2021 Q-Free generated revenues of NOK 253