Brief: Hoylu Q1 Preliminary EBITDA Loss Amounts To SEK 4.9 Mln

Hoylu AB

03/04/2020 15:07

April 3 (Reuters) - Hoylu AB  HOYLU.ST :
    * HOYLU AB: HOYLU ANNOUNCES PRELIMINARY NUMBERS FOR Q1, 2020
    * REVENUES IN Q1 WERE SEK 8.2 MILLION UP 26% FROM SEK 6.5
MILLION
IN Q1, 2019
    * BILLINGS IN QUARTER WERE SEK 9.0 MILLION
    * EBITDA (PRELIMINARY) FOR Q1 WERE SEK -4.9 MILLION
    * ANNUAL RECURRING REVENUES (ARR) INCLUDING LONG TERM
SERVICE
CONTRACTS WERE SEK 20.7 MILLION AT END OF Q1
    * HOYLU AB - NEED TO HAVE BETTER TOOLS FOR CONNECTING AND
ENGAGING
PEOPLE AND THEIR WORK HAS BECOME APPARENT

Source text for Eikon:  ID:nGNE27hBzP 
Further company coverage:  HOYLU.ST 

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