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Ayima Group AB - Year End Report 2019

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Highlights 

Year: Jan - Dec 2019

  • Total Comprehensive Income was positive 1.1 MSEK (-6.8) after all financial adjustments. 

  • Total Revenue amounted to 169.3 MSEK (183.0) a slight decrease of 8% from 2018

  • Gross Profit amounted to 100.8 MSEK (97.6), an increase of 3% from 2018

  • Gross Margin increased to 60% (53%) due to a change in the service offering during the year

  • A positive EBITDA of 4.0 MSEK (-2.5), a vast improvement on 2018’s results.

  • Net Profit After Tax improved to -4.9 MSEK (-7.1)

  • Balance Sheet assets amounted to 132.2 MSEK (120.2) 

  • Earnings per share before and after dilution was 0.15 SEK

Q4: Oct - Dec 2019

  • Total Comprehensive Income was positive 1.1 MSEK (-3.4) after all financial adjustments

  • Total Revenue for the quarter amounted to 34.6 MSEK (44.5) a decrease of 22% from the same period in 2018

  • Gross Profit amounted to 20.2 MSEK (29.2) a decrease of 31% from the corresponding period in 2018

  • Operating expenses reduced by 27.2% from the corresponding period in 2018

  • EBITDA for the period was  -2.8 MSEK (-2.4)

  • Net Profit after Tax for the quarter was positive 0.3 MSEK (-4.2), an improvement of 4.5 MSEK from the same period last year.

  • Financial items include the write down of debts and investments held at fair value, and a fair value adjustment to contingent liabilities related to the acquisition of LeapThree in 2018.

The full report is available for download at https://www.ayimagroup.com/financial-results

For further Information:
CEO/VD Michael Jacobson
+44-20 7148 5974
press(at)ayima.com
www.ayima.com/investors

About Ayima

Originally founded in 2007, Ayima is a digital marketing agency with around 150 employees across its offices in London, New York, San Francisco,Stockholm and Vancouver. Ayima have created a number of market-leading software tools that are used in by clients and agencies around the world, including ‘Updatable’, ‘Redirect Path’, ‘Page Insights’, ‘Pulse’ and ‘Appotate’. 

Ayima is listed at Nasdaq First North under the “Ayima B” ticker. Certified Adviser is:

Eminova Fondkommission AB

+46 (0)8 – 684 211 00,

info@eminova.se

This information is insider information that Ayima Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on February 20, 2020.

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