Brief: Kollect On Demand Holding February Recurring Revenues Up 99% Y/Y

Mashup Ireland AB

11/03/2021 09:42

March 11 (Reuters) - Kollect on Demand Holding AB (publ)
 KOLL.ST :
    * KOLLECT ON DEMAND HOLDING AB (PUBL) ISSUES A TRADING
UPDATE FOR
FEBRUARY 2021
    * RECURRING REVENUES IN FEBRUARY 2021 WERE DOUBLE RECURRING
REVENUES FROM FEBRUARY 2020, HAVING INCREASED BY 99%.
    * BIGBIN REVENUES IN FEBRUARY 2021 WERE MORE THAN DOUBLE
THOSE OF
FEBRUARY 2020 WITH AN INCREASE OF 106%
    * COMPANY MAINTAINED A GROSS MARGIN ABOVE 40% AT A
CONSOLIDATED
LEVEL IN MONTH AT 42%
    * FEB NON-RECURRING REVENUES WERE UP SLIGHTLY BY
APPROXIMATELY 1%
COMPARED TO FEBRUARY 2020 REVENUES

Source text for Eikon:  ID:nMFN8T71ct 
Further company coverage:  KOLL.ST 

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