TECHSTEP ASA: Q3 2017 RESULTS
Highlights · Techstep has continued to execute its growth strategy by acquiring two additional companies, developing its “Mobile as a Service” offering, growing its end user base and solutions sales · Q3 2017 revenues of NOK 180.8 million (NOK 132.7 million) ; increase reflecting acquisitions made in the period, as well as 40% organic growth in solutions revenue · Adjusted EBITDA of NOK 9.8 million (NOK 4.1 million) and EBITDA margin of 5.4% (3.1%) ; reflects positive development in solutions sales, partly offset by growth investments · Surpassed 600,000 end users across