Brief: Efecte Q3 EBITDA Down At EUR 0.1 Mln

Efecte Oyj

25/11/2022 07:08

Nov 25 (Reuters) - Efecte Oyj  EFECTE.HE :
    * REG-EFECTE PLC'S BUSINESS REVIEW ON 1-9/2022 – THIRD
QUARTER
SAAS +29%, ADJUSTED EBITDA MARGIN 5%
    * Q3 TOTAL NET SALES GREW BY 26% AND WAS 5.3 MILLION EURO
(4.2)
    * Q3 EBITDA WAS 0.1 MILLION EURO (0.4) AND EBIT -0.2 MILLION
EURO
(0.3)
    * LONG-TERM FINANCIAL TARGETS: BY 2025, GROW ORGANICALLY TO
35
MEUR TOTAL NET SALES, MAINTAIN AN AVERAGE SAAS GROWTH OF OVER
20% AND REACH A DOUBLE-DIGIT EBITDA MARGIN.
    * GUIDANCE FOR YEAR 2022: SAAS NET SALES IS EXPECTED TO GROW
APPROXIMATELY 25% AND EBITDA TO BE POSITIVE, EXCLUDING COSTS
FROM INORGANIC ACTIVITIES.

Source text for Eikon:  ID:nGNE39KBTh 
Further company coverage:  EFECTE.HE 
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