Brief: Bambuser Q1 Adjusted EBITDA Loss Narrows To SEK 29 Mln

Bambuser AB

04/05/2023 07:17

May 4 (Reuters) - Bambuser AB  BUSER.ST :
    * BAMBUSER REPORTS ARR GROWTH AND IMPROVEMENTS IN
PROFITABILITY
AND CASH FLOW IN Q1 2023
    * Q1 CASH BALANCE CLOSED AT SEK 347.8 MILLION, SUFFICIENT TO
TAKE
BAMBUSER TO POSITIVE CASH FLOW
    * Q1 2023 RESTATED ARR OF SEK 139 MILLION, REPRESENTING
YEAR-OVER-YEAR GROWTH OF 26% AT CONSTANT EXCHANGE RATES
    * Q1 ADJUSTED EBITDA OF SEK -29.0 MILLION (-41.6),
REPRESENTING A
-53% MARGIN AND A 14%P. MARGIN IMPROVEMENT VERSUS. Q1 2022

Source text for Eikon:  ID:nMFNbXR0mT 
Further company coverage:  BUSER.ST 

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