Brief: Q-Free Q4 EBITDA Up At NOK 25.3 Million

Q-Free ASA

12/02/2021 06:10

Feb 12 (Reuters) - Q-Free ASA  QFR.OL :
    * Q-FREE: FOURTH QUARTER 2020 AND PRELIMINARY FY 2020
RESULTS -
INTRODUCING
    * WILL CONTINUE TO SHIFT BUSINESS TOWARDS RECURRING
SAAS-REVENUES
AND TO CONTINUE MARGIN EXPANSION.
    * Q4 REVENUE NOK 254.7 MILLION VERSUS NOK 245.7 MILLION YEAR
AGO
    * GOAL FOR 2021 IS TO ACHIEVE AN EBITDA MARGIN ABOVE 10
PERCENT,
    * PROFITABILITY IS EXPECTED TO REMAIN SOLID IN COMING
QUARTERS.
    * Q4 EBITDA NOK 25.3 MILLION VERSUS NOK 10.5 MILLION YEAR
AGO
    * OUTLINES ITS 2025 AMBITIONS OF NOK 1.3-1.5 BILLION IN
REVENUES

Source text for Eikon:  ID:nObiVBrgka 
Further company coverage:  QFR.OL 

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