Interim report Q1 2023

MAR

The year is off to a relatively good start when it comes to sales and gross margin development of our core mobile accessories products

The Group’s sales for the period January 1 – March 31, 2023, amounted to MEUR 19.3 (31.9) with a gross margin of 32.1 (19.2) percent.

The Group’s result for the period January 1 – March 31, 2023, amounted to MEUR -3.3 (-0.7) corresponding to EUR -0.03 (-0.01) per share.

EBITDA from remaining operations for the period January 1 – March 31, 2023, amounted to MEUR 0.2 (1.3).
 
Equity as of March 31, 2023, amounted to MEUR -9.5 (13.3) corresponding to EUR -0.08 (0.11) per share.
 
 
 Significant events after the end of the period

There were no significant events after the end of the period.


 “The year is off to a relatively good start when it comes to sales and gross margin development of our core accessories and audio products and during the first quarter, we were focused on the ongoing plan to strengthen our balance sheet and improve liquidity. We have continued to grow the retail footprint of Urbanista, Clckr and Planet Buddies in North America and are at the same time gaining momentum with several private label opportunities in that geographic market.”
 
Gudmundur Palmason, CEO

Datum 2023-05-25, kl 08:55
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