Interim financial report January-March 2024

MARKN.

IMPROVED RESULTS AFTER FULL EFFECT FROM THE COST SAVINGS INITIATIVE, WITH REMAINING UNPREDICTABLE MARKET CONDITIONS

FIRST QUARTER 2024
· Net sales totalled MSEK 15,4 (16,7), a change of MSEK -1,3 / -8 %
· EBITDA was MSEK 1,7 (-2,8), a change of MSEK +4,5
· EBIT was MSEK -1,3 (-5,3), a change of MSEK +4
· Net earnings were MSEK -2,1 (-5,5), a change of MSEK +3,4
· Net earnings per share amounted to SEK -0,03 (-0,13), a change of SEK +0,10
 
  



Jan-Mars 2024Jan-Mars 2023Jan-Dec 2023
Net sales, kSEK
15 36316 69161 112
EBITDA, kSEK
1 759-2 820-8 851
Adjusted EBITDA, kSEK *
 ---6 210
EBIT, k SEK
-1 346-5 299-19 710
Adjusted EBIT, kSEK *
 ---17 068
Net earnings, kSEK
-2 124-5 520-27 594
Adjusted net earnings, kSEK *
 ---18 319
Net earnings per share, SEK
-0,03-0,13-0,56
Adjusted net earnings per share, kSEK *
  - --0,37

   
* Adjusted figures have been recalculated by adjusting for items affecting the comparability of the company’s figures. The adjustments amount to kSEK 2 642 (0) and kSEK 6 634 (0) during the third and fourth quarters of 2023, respectively. For more information, refer to note Items affecting comparability on page 6.
 
EVENTS DURING THE QUARTER
· The general meeting on January 15th approved the board of directors’ resolution on December 12, 2023, on a new issue of shares of SEK 4 million and a reduction of the share capital from SEK 14.4 million to SEK 2.1 million.
· The 16th of February Westpay published annual report for 2023.
 
EVENTS AFTER THE END OF THE QUARTER
· Westpay has signed an agreement with Direktbutikerna Scandinavia AB (“Direkten”)
· Westpay has signed an agreement with Next systems AS, a new Norwegian POS Partner.
· The Swedish Companies Registration Office approved the resolution on reduction of the share capital.

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

Datum 2024-05-03, kl 07:00
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