ZWIPE AS – Publication of Annual Report 2021
OSLO, NORWAY – 23 February 2022 – Zwipe AS today publishes its annual report 2021. Highlights for 2021 include: Financials · Revenues increased to MNOK 2.5 (MNOK 1.8). · Operating expenditures increased to MNOK 85.5 (MNOK 63.7). · EBITDA decreased to MNOK -74.6 (MNOK -59.9). · Earnings per share of NOK -2.26 NOK (-1.89). · Net cash used in operating activities was MNOK -76.7 (MNOK -59.8). · Cash and short-term investments as at the end of the period amounted to MNOK 152 (MNOK 125). · The Board of Directors proposes that no dividend be paid for 2021.