Smartoptics Group AS (SMOP) – Q2 2022 financial results
Oslo, 10 August 2022 - Smartoptics Group AS (Smartoptics, OSE: SMOP) today reported revenues of USD 14.6 million in the second quarter of 2022, up 18.1% from the corresponding period in 2021 (12.4), and an EBITDA of USD 3.3 million (1.7). The company reiterates the long-term revenue ambition of USD 100 million by 2025/2026 and an EBITDA margin of 17-20%.“The second quarter was strong for Smartoptics, with continued rapid revenue growth and high profitability. The global data traffic continues to grow fast, driving demand for fiber optic solutions. Network operators, service providers and