Brief: Cyviz Q1 EBITDA Improves To NOK 2.7 Mln

Cyviz AS

12/05/2023 06:18

May 12 (Reuters) - Cyviz AS  CYVIZ.OL :
    * Q1 2023: 97 PERCENT REVENUE GROWTH AND NOK 21 MILLION
IMPROVEMENT OF EBITDA
    * TOTAL ORDER BACKLOG IS NOK 302 MILLION AFTER Q1, WHICH IS
A
GROWTH COMPARED TO Q1 2022 OF NOK 80 MILLION (36%).
    * Q1 EBITDA IMPROVED BY NOK 21 MILLION TO NOK 2.7 MILLION,
BRINGING ROLLING 12 MONTHS EBITDA UP TO NOK 30 MILLION.
    * NOK 137 MILLION IN REVENUE IN Q1 , A GROWTH OF 97 PERCENT
COMPARED TO SAME QUARTER IN 2022
    * CONTINUES TO REITERATE MEDIUM-TERM TARGET OF 30% CAGR ON
REVENUE, AND 15-20% EBITDA MARGIN.

Source text for Eikon:  ID:nObiBDm4Ha 
Further company coverage:  CYVIZ.OL 

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