Year-End Report 2022 Everysport Group AB (publ)
"In order to return to long-term growth as soon as possible, we have acted forcefully and carried out a strategic review of the padel inventory, which resulted in a positive net effect of SEK 10 million in Q4 2022. With a clear plan for growth in the media division in combination with implemented efficiencies, we expect a gradual improvement in earnings during 2023.”
Summary of the fourth quarter 2022:
- Net Sales: 48,0 mkr (59,5 mkr)
- EBITDA: -1,8 mkr (8,3 mkr)
- Adjsuted EBITDA: 4,8 mkr (8,3 mkr)
- EBIT -12,6 mkr (-2,5 mkr)
- Adjusted EBIT: -8,4 mkr (-2,5 mkr)
- Profit/Loss after financial items: -10,2 mkr (-4,3 mkr)
- Earnings per share: -1,56 kr (-0,93 kr)
Summary January - December 2022:
- Net Sales*: 189,0 mkr (186,8 mkr)
- EBITDA: 8,2 mkr (32,6 mkr)
- Adjsuted EBITDA: 14,9 mkr (32,6 mkr)
- EBIT: -39,8 mkr (2,2 mkr)
- Adjusted EBIT: -35,5 mkr (2,2 mkr)
- Profit/Loss after financial items: -42,9 mkr (-2,4 mkr)
- Earnings per share: -6,51 kr (-0,1 kr)
This disclosure contains information that Everysport Group AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 17-02-2023 08:00 CET.
Any questions answered by:
Hannes Andersson, CEO, Everysport Group AB, tel: +46 70 736 56 25
e-mail: hannes.andersson@everysport.com
Everysport Group is a group within sports. The business is divided into two business areas: Everysport Media and Every Padel. Within Everysport Media, digital platforms and services in sports are owned and developed, and within the business area Every Padel, operations are conducted within the fast-growing sport of padel. The group has a total of approx. 130 employees. The head office is in Stockholm, the company also has offices in Norway and the USA. Everysport Group AB (publ) is listed on Spotlight Stock Market (EVERY).