Brief: Kollect On Demand Q2 Gross Profit Up At SEK 6.1 Mln

Mashup Ireland AB

10/08/2023 07:19

Aug 10 (Reuters) - Kollect on Demand Holding AB (publ)
 KOLL.ST :
    * KOLLECT REPORTS REVENUES OF SEK 41.1 MILLION FOR THE FIRST
HALF
OF 2023, AN INCREASE OF 36% COMPARED TO THE SAME PERIOD IN 2022,
WITH EBITDA LOSSES IMPROVED BY 83% YEAR-ON-YEAR
    * REVENUE FOR Q2 2023 WAS SEK 22.7 MILLION (AN INCREASE OF
35%
YEAR ON YEAR)
    * RECURRING REVENUE FOR Q2 2023 WAS SEK 12.0 MILLION (AN
INCREASE
OF 48% YEAR ON YEAR)
    * GROSS PROFIT FOR Q2 2023 WAS SEK 6.1 MILLION (AN INCREASE
OF 24%
YEAR ON YEAR)
    * ADJUSTED EBITDA FOR Q2 2023 WAS NEGATIVE SEK 0.8 MILLION
(AN
IMPROVEMENT OF 87% YEAR ON YEAR)

Source text for Eikon:  ID:nMFN6pH2lN 
Further company coverage:  KOLL.ST 

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