Brief: Modelon Q1 EBIT Loss Widens To SEK 12.7 Mln

Modelon AB (publ)

17/05/2022 07:06

May 17 (Reuters) - Modelon AB (publ)  MODELb.ST :
    * MODELON AB INTERIM REPORT Q1 2022
    * Q1 ARR INCREASED TO MSEK 39.4 (30.6), AN ANNUAL GROWTH OF
29%
    * Q1 NET REVENUE AMOUNTED TO MSEK 17.8 (20.6), OF WHICH
SOFTWARE
REVENUES WERE MSEK 11.6 (8.8)
    * Q1 EBIT AMOUNTED TO MSEK -12.7 (-6.7), INCLUDING
DEVELOPMENT
COSTS OF MSEK 13.5 (11.0)

Source text for Eikon:  ID:nMFN92mcQ4 
Further company coverage:  MODELb.ST 

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