Interim financial report April-June 2022

MARKN.

FIFTH CONSECUTIVE QUARTER OF GROWTH, REVENUES UP 48 %

SECOND QUARTER 2022
o   Net sales totalled MSEK 17.2 (11.6), a change of MSEK +5.6 / +48 %
o   EBITDA was MSEK 0.2 (-2.2), a change of MSEK +2.4
o   EBIT was MSEK -2.0 (-3.8), a change of MSEK +1.9
o   Net earnings were MSEK -2.1 (-4.0), a change of MSEK +1.9
o   Net earnings per share amounted to SEK -0.05 (-0.12)
 
JANUARY – JUNE 2022
o    Net sales totalled MSEK 34.1 (23.1), a change of MSEK +10.9 / +47 %
o    EBITDA was MSEK 0.3 (-3.7), a change of MSEK +3.9
o    Operating profit/loss was MSEK -3.9 (-6.8), a change of MSEK +2.9
o    Profit/loss after tax was MSEK -4.2 (-7.0), a change of MSEK +2.9
o    Net earnings per share amounted to SEK -0.11 (-0.21)
 



Apr-Jun 2022Apr-Jun 2021Jan-Jun 2022Jan-Jun 2021Jan-Dec 2021
Net sales, kSEK
17 22411 61734 05323 13253 706
EBITDA, kSEK
177-2 238262-3 686-11 450
Adjusted EBITDA, kSEK * -4 787
EBIT, kSEK
-1 957-3 835-3 883-6 821-18 557
Adjusted EBIT, kSEK * -11 895
Net earnings, kSEK
-2 085-3 957-4 177-7 048-19 057
Adjusted net earnings, kSEK * -12 395
Net earnings per share, SEK
-0,05-0,12-0,11-0,21-0,54
Adjusted net earnings per share, SEK * -0,35

 * Adjusted figures have been recalculated by adjusting for items affecting the comparability of the company’s figures. The adjustments amount to kSEK 6 662 in the fourth quarter of 2021. For more information, refer to the interim report.

EVENTS DURING THE QUARTER
·        Successful launch of Vipps payment services in Norway.
·        Westpay partners with ACI Worldwide for a complete Integrated Commerce offering.
·        New order bookings amounting to MSEK 18.
·        Westpay’s CFO Lars Levin leaves the company in August.
 
EVENTS AFTER THE END OF THE QUARTER
·        Decision made to extend convertible loan of MSEK 5 to October 2024.
·        Westpay appoints Pernilla Ullsten as new CFO in August.

For more information about news and events: https://investor.westpay.se/financial-reports/

Datum 2022-08-19, kl 07:00
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