Interim Report Q3 - Ayima Group AB
Highlights
3rd Quarter: Jul - Sep 2023
- Revenue amounted to 29.4 MSEK (37.7), a decrease of 22% from the corresponding period in 2022
- Gross Profit amounted to 14.9 MSEK (22.2), a decrease of 33% from the corresponding period in 2022
- Operating costs amounted to 14.6 MSEK (20.5), a reduction of 29% from the corresponding period last year
- A positive EBITDA result of 0.4 MSEK (1.7)
- Net Profit after tax for the period was -3.5 MSEK (-2.1)
Year: Jan - Sep 2023
- Revenue amounted to 94.8 MSEK (110.9), a decrease of 14% from the same period in 2022
- Gross Profit amounted to 45.1 MSEK (64.5), a decrease of 30% from the same period in 2022
- Operating costs amounted to 53.0 MSEK (59.3), a reduction of 11% from the corresponding period in 2022
- An EBITDA result of -7.9 MSEK (5.2)
- Net Profit after tax for the period was -20.1 MSEK (-4.6)
Additional Highlights
- 4.3 MSEK (annualised) of new business announced on 2023-07-06
- A further 6.4 MSEK (annualised) of new business signed during the remainder of Q3
- Restructuring to result in cost savings of approximately 18.5 MSEK annually. The company’s savings have exceeded expectations with 6 MSEK in Q3 and a further 3.7 MSEK expected in Q4 2023
The full report can be downloaded here
For further Information:
CEO/VD Michael Jacobson
+44-20 7148 5974
press(at)ayima.com
www.ayimagroup.com
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,
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 November 2, 2023.