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BuildData – Second quarter results for the period ending 31 December 2021

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Q2 Summary Highlights

Financial Highlights

  • Introducing three new KPIs, ARR, TCV and gross profit margin.
  • ARR at the end of Q2 was SEK 72.1m, corresponding to a 248% increase compared with the same period in FY21 (SEK 20.7m).
  • Total contract value of SEK 96.5m, corresponding to a 147% increase compared with the same period in FY21 (SEK 39.1m).
  • Gross profit in Q2 was SEK 21.4m representing 96%  of income.
  • Net sales in Q2 were SEK 21.7m, corresponding to a 136% increase compared with the same period in FY21 (SEK 9.2m).
  • Normalised EBITDA (EBITDA before non-recurring items and FX translation) was SEK -3.9m compared to the same period in FY21 (SEK 0.3m).
  • EBITDA of SEK -4.2m compared to the same period in FY21 (SEK -1.7 m).
  • Net loss was SEK –7.4m compared with the same period in FY21 (SEK -3.9m).
  • Basic earnings per share (weighted) amounted to SEK -0.12 (SEK -0.09).
  • Operating cashflow in Q2 was SEK –6.5m.

  • Operational Highlights

  • 218 new agreements were signed by the group in FY2022 Q2 with a value of SEK 33.3m.
  • New enterprise signed with Homeground (SEK 4.8m) and Quintain (SEK 3.2m).
  • Acquisition of 80% of Bond Bryan Digital, a leading BIM provider.

  • Significant Events after the Period

    There have been no significant events after the end of the period.

The 2022 Q2 Interim Report for 1 October to 31 December 2021 is attached as a PDF file. This report and other financial reports will be available on our website at https://www.builddata.se/investors/reports-and-presentations/.

For more information, please contact:
Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.

About BuildData

BuildData Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

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