Smartoptics Group AS (SMOP) – Q4 2022: Strong growth and high margins
Oslo, 17 February 2022 - Smartoptics Group AS (OSE: SMOP) today reported revenues of USD 18.1 million in the fourth quarter of 2022, up 45.2 percent from the corresponding period in 2021 (USD 12.5 million), and an EBITDA margin of 19.5 percent, up from 14.7 percent in the fourth quarter 2021. EBIT margin was 17.3 percent compared to 11.4 percent same period last year.“The fourth quarter was record breaking for Smartoptics both with regards to revenue and profitability. We see a continued strong demand in the US and European markets across all customer types, in particular communication