Brief: Modelon Q4 EBIT Turns To Loss Of SEK 12.1 Mln

Modelon AB (publ)

04/03/2022 07:07

March 4 (Reuters) - Modelon AB (publ)  MODELb.ST :
    * MODELON AB YEAR-END REPORT Q4 2021
    * Q4 ANNUAL RECURRING REVENUE INCREASED TO MSEK 37.0 (28.3),
WITH
CONTINUED QUARTER-TO-QUARTER GROWTH OF 8%
    * Q4 NET REVENUE AMOUNTED TO MSEK 15.8** (28.8), OF WHICH
SOFTWARE
REVENUES WERE MSEK 9.6 (8.8)
    * Q4 EBIT AMOUNTED TO MSEK -12.1 (3.2)
    * Q4 NET RESULT AMOUNTED TO MSEK -1.2 (2.2)

Source text for Eikon:  ID:nMFN8dNl6t 
Further company coverage:  MODELb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))