Awardit

Awardit AB (publ), listed on the NASDAQ First North Growth Market, submits the following report for the period
1 January - 30 June 2022. 
 
April - June 2022

• Net revenue amounted to MSEK 193.9 (111.3), of which acquired net revenue was MSEK 60.7. MBXP is counted as comparable from 15 April, and is only included in acquired net revenue with half of April, i.e. MSEK 4.9.
  
• EBITA result amounted to MSEK 27.8 (14.2) and EBITA margin amounted to 14.3 (12.8) percent. EBITA per share, before and after dilution, amounted to SEK 3.34 (2.08).
  
• Operating result EBIT amounted to MSEK 18.5 (7.9), and EBIT margin amounted to 9.5 (7.1) percent.
  
• The quarter result amounted to MSEK 7.7 (2.1) and earnings per share after tax, before and after dilution, amounted to SEK 0.92 (0.31).
  

January – June 2022

• Net revenue amounted to MSEK 361.3 (173.6), of which acquired net revenue was MSEK 141.0.
  
• EBITA result amounted to MSEK 33.5 (20.9) and EBITA margin amounted to 9.3 (12.0) percent. EBITA per share, before and after dilution, amounted to SEK 4.02 (3.05).
  
• Operating result EBIT amounted to MSEK 15.0 (12.6), and EBIT margin amounted to 4.1 (7.3) percent.
  
• The result of the period amounted to MSEK -4.7 (5.3) and earnings per share after tax, before and after dilution, amounted to SEK -0.56 (0.78).

Significant events during the second quarter

• On 4 April, it was announced that the Annual General Meeting had resolved, in accordance with the Board of Directors’ proposal, to introduce an incentive programme for senior executives, key individuals, and other employees, consisting of a maximum of 250,000 subscription warrants in a series 2022/2025, where each subscription warrant gives the right to subscribe for one (1) new share in Awardit, and to authorise the Board of Directors, within the framework of the current Articles of Association, on one or more occasions until the next Annual General Meeting, decide on an increase in the Company's share capital through a new issue of shares.
  

Significant events after the end of the reporting period

• No significant events to report
  

In a comment to the second quarter of the year CEO Erik Grohman says:

“Awardit delivers a strong second quarter 2022, with continued high growth both organically and through acquired businesses, as well as with an improved operating profit. EBITA for the quarter amounted to MSEK 27.8 (14.2) and turnover increased by almost 75% compared to last year's second quarter. Despite uncertain times, Awardit stands strong and we continue our journey towards becoming the most successful company in Europe in loyalty, incentive and gift card programs”.