Q1 2022 – Financial highlights Net revenue fell to SEK 288.1 (311.8) million, corresponding to growth of -7.6% (3.0%) The gross margin increased to 44.3% (43.7%). Gross profit totalled SEK 127.5 (136.3) million Operating profit was SEK -23.9 (-15.1) million, corresponding to an operating margin of -8.3% (-4.8%) Net income from continuing operations was SEK -28.5 … Continued
Relaunch of Nelly Progresses Well
CDON’S EXTERNAL MERCHANTS GREW 101 PERCENT, NELLY GREW WITH LOWER MARGINS AND QLIRO INCREASED REVENUES AND VOLUMES
ALL COMPANIES IMPROVED EARNINGS
FIRST QUARTER[1] Net sales increased by 2 percent to SEK 716.1 (705.3) million Gross profit amounted to SEK 135.3 (140.1) million Operating income before depreciation, amortization and impairment was SEK -42.7 (-2.7) million Operating income amounted to SEK -58.8 (-19.4) million Profit after tax including discontinued operations amounted to SEK 91.0 (-22.9) million Basic earnings … Continued
INCREASED GROSS PROFIT AND CREDIT MARKET LICENCE
First Quarter Net sales amounted to SEK 1,171.3 (1,196.5) million EBITDA excluding non-recurring items amounted to SEK -20.0 (-7.4) million Operating earnings excluding non-recurring items amounted to SEK -34.3 (-16.4) million. Operating earnings including non-recurring items amounted to SEK -49.7 (-34.3) million Net income after tax amounted to SEK -40.5 (-29.4) million Earnings per share … Continued
Continued strong momentum at Nelly
First Quarter Net sales were up 10%, amounting to SEK 1,133.2 million. Previous year sales totalled SEK 1,032.4 million excluding divested operations and SEK 1,051.1 million including divested operations Gross margin of 14.9% compared with 14.1% previous year, excluding divested operations Operating profit amounted to SEK 0.1 million. Previous year operating profit was SEK -4.2 … Continued
67% YEAR ON YEAR SALES GROWTH IN THE FIRST QUARTER – INCREASED INVESTMENT IN GROWTH
