Brief: SameSystem FY2021/22 EBITDA Loss Widens To DKK 28.5 Mln

SameSystem A/S

16/01/2023 15:01

Jan 16 (Reuters) - Samesystem A/S  SAMES.CO :
    * SAMESYSTEM REALISES 32.7% GROWTH IN REVENUE IN FY2021/22,
WHICH
WAS BELOW EXPECTATIONS. EBITDA WAS DISAPPOINTING -28.5M DKK
    * DISAPPOINTING EBITDA DEVELOPMENT WAS MAINLY DUE TO LACK OF
NECESSARY CONTROL DURING EXPANSION IN 2H OF FY2020/21 AND 1H OF
THIS FINANCIAL YEAR
    * MEASURES ALREADY TAKEN HAVE REDUCED EBITDA LOSS IN Q4
FY2021/22
TO -4.7M DKK FROM -10.2M DKK IN Q4 FY2020/21
    * FY 2021/22 EBITDA LOSS AT 28.5M DKK COMPARED TO LOSS 22,1M
DKK
YEAR BEFORE
    * REVENUE AMOUNTED TO DKK 43.0M IN FY2021/22 COMPARED TO DKK
32.4M
IN FY2020/21
    * EBITDA IS SLIGHTLY BETTER THAN GUIDANCE OF LOSS 30.0M DKK
    * FY2022/23 REVENUE AND EBITDA GUIDANCE MAINTAINED

Source text for Eikon:  ID:nWkrCqWpV 
Further company coverage:  SAMES.CO 
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