Overview
Sweden's construction data provider's Q4 net sales rose 6% when adjusted for currency effects
Recurring revenue grew 9% adjusted for currency effects, representing 82% of total sales
Company appointed Niklas Agevik as CEO and signed strategic agreement with SEG
Outlook
Company did not provide specific future guidance
Result Drivers
CURRENCY-ADJUSTED SALES - Net sales increased by 6% when adjusted for currency effects, indicating underlying growth despite flat nominal sales
RECURRING REVENUE GROWTH - Recurring revenue rose by 9% when adjusted for currency effects, making up 82% of total sales
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
SEK 43.50 mln
Q4 Adjusted Free Cash Flow
-SEK 14.90 mln
Q4 ARR
SEK 141.10 mln
Q4 EBITDA
-SEK 9.90 mln
Press Release: ID:nMFNc4dGmn
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)