Mercell Q3 2021: Focus on platform development and integrating acquisitions
Third quarter 2021 highlights: · Focus on integrating acquisitions and development of a common Mercell platform · ARR of NOK 792m per September, +134% year-on-year with organic growth of +21% · Q3 revenue of NOK 189m, up +142% year-on-year · Adjusted EBITDA of NOK 49.3m, with 26% margin · Reported EBITDA of NOK 12.0m including NOK 37.3m in special cost items · Development CAPEX of NOK ~165m in 2021, set to decline to NOK ~130m in 2022 Oslo, November 24, 2021: Mercell Holding ASA (Mercell) reports 134% growth in Annual Recurring Revenue (ARR) to NOK 792 million in