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SPEONE Spectrumone AB (publ) News Story

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Sweden's SpectrumOne Q1 net sales fall sharply

Overview

Sweden data platform provider's Q1 net sales fell sharply yr/yr

Q1 EBITDA and EBIT losses narrowed from prior year

Company launched Prism Graph and increased investment in HIA

Outlook

SpectrumOne says focus remains on developing portfolio companies and realizing market value

Company sees opportunities to expand Prism platform in Norway and Nordic public sector

SpectrumOne intends to support HIA's U.S. launch and potential future listing

Result Drivers

PRISM PLATFORM DEVELOPMENT - Co highlighted continued development and positive reception of Prism platform and new Prism Graph product, including successful pilot with Norwegian government agency

PORTFOLIO INVESTMENT - Co increased exposure to HIA through a convertible loan investment to support its U.S. launch with Connect America

Company press release: ID:nWkr9gGQCp

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 SalesSEK 200,000
Q1 EBIT-SEK 2.50 mln
Q1 EBITDA-SEK 1.20 mln
Q1 Pretax Profit-SEK 46.20 mln
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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