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Kollect on Demand

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Kollect On Demand Holding AB (publ) (“Kollect”) reports revenues of SEK 16.2 million, an increase of 25% compared to Q4 2022, with EBITDA losses from continuing operations reduced by 64% year-on-year.

MAR

Waterford, Ireland – March 15, 2023, Kollect On Demand Holding AB (publ) (“Kollect” or the “Company”) (Nasdaq: KOLL), is pleased to publish its Interim Report for Q4 2022.

Highlights for the Quarter

  • Revenue for continuing operations in Q4 2022 was SEK 16.2 million, up 25% on Q4 2021 revenue of SEK 12.9 million,
  • Recurring revenue from continuing operations of SEK 9.9 million in Q4 2022 which was up 51% compared to SEK 6.6 million in Q4 2021
  • Gross profit from continuing operations in Q4 2022 amounted to SEK 4.6 million, up 23% compared to SEK 3.7 million in Q4 2021
  • Gross margin from continuing operations for Q4 2022 was 29%, compared to 26% in Q4 2021.
  • Operating expenses for Q3 2022 were SEK 9.6 million, down 31% on Q4 2022 expenses of SEK 13.9 million.
  • Adjusted EBITDA from continuing operations for the period was negative SEK 2.4 million, an improvement of 56% compared to the prior year of negative SEK 6.7 million.

In Q1 2023, the Company also announced a new loan for approximately SEK 560K from its long term finance partner, InvoiceFair through the SBCI loan scheme.

Please click the link to read the full report.

This information is information that Kollect on Demand is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-03-15 08:02 CET.

Attachments

KOLL_Interim Report Q4 ENG

Datum 2023-03-15, kl 08:02
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KOLL_​Interim Report Q4 ENG
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