Brief: SSH Q4 EBITDA Swings To Profit SEK 1.4 Mln

SSH Communications Security Oyj

24/02/2022 07:17

Feb 24 (Reuters) - SSH Communications Security Oyj
 SSH1V.HE :
    * REG-SSH COMMUNICATIONS SECURITY CORPORATION FINANCIAL
STATEMENT
RELEASE JANUARY 1 – DECEMBER 31, 2021
    * Q4 NET SALES INCREASED 103.1% COMPARED TO PREVIOUS YEAR.
NET
SALES TOTALED EUR 6.0 MILLION (10-12/2020: EUR 3.0 MILLION)
    * Q4 EBITDA WAS EUR 1.4 MILLION (EUR -0.8 MILLION)
    * Q4 OPERATING PROFIT WAS EUR 0.7 MILLION (EUR -1.3 MILLION)
    * Q4 NET PROFIT FOR PERIOD WAS EUR 0.4 MILLION (EUR -1.6
MILLION)
    * WE ESTIMATE EBITDA AND CASH FLOW FROM OPERATING ACTIVITIES
TO BE
POSITIVE FOR 2022.
    * WE EXPECT NET SALES TO GROW DURING 2022 COMPARED TO 2021.
    * AT END OF 2021, OUR ANNUAL RECURRING REVENUE WAS EUR 15.4
MILLION (EUR 8.0 MILLION), WHICH POSITIONS US WELL FOR CONTINUED
GROWTH

Source text for Eikon:  ID:nGNE5QMBHs 
Further company coverage:  SSH1V.HE 

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