FY 2022 Q1 - Growth of 110% - full recovery in the market
SUMMARY FOR FINANCIAL YEAR 2022 Q1 Financial Highlights · Net sales in Q1 were SEK 21.2m, corresponding to a 110% increase compared with the same period in 2020 (SEK 10.1m). · Recurring revenues increased by 26%. Underlying organic sales growth on a proforma basis of 3.4%. · Normalised EBITDA (EBITDA before non-recurring items and FX translation) was SEK 0.9m compared to the same period in 2020 (SEK 2.4m). As we indicated at the beginning of the year, the company is investing for future growth which has led to the decrease in Normalised EBITDA. · EBITDA of SEK 0.0m