Quickbit publishes Q3 ‘21/22 interim report
Sales for the third quarter of ’21/22 totalled €92.1 million, which was in line with the corresponding quarter last year. This corresponded to an average daily volume (ADV) of €1.0 million, which was largely impacted by activity and demand with our merchants. In parallel, the gross margin was 4.0%, which is the current target margin for Quickbit Affiliate. Despite the geopolitical uncertainty in the quarter, we have focused on new product launches and continued geographic expansion. While Quickbit has no presence in Russia or Belarus, we are continuing to monitor the situation.Summary of