Source: Marketscreener

Awardit: Awardit AB (publ.) - Interim Report January - June 2023

Awardit AB , listed on the NASDAQ First North Growth Market, submits the following report for the period 1 January - 30 June 2023. April - June 2023Net revenue increased with 27.8 percent to MSEK... Awardit AB (publ), listed on the NASDAQ First North Growth Market, submits the following report for the period 1 January - 30 June 2023 . April - June 2023 Net revenue increased with 27.8 percent to MSEK 247.9 (193.9), of which 3.5 percent organic. EBITA result amounted to MSEK 14.0 (27.8) and EBITA margin amounted to 5.6 (14.3) percent. EBITA per share, before and after dilution, amounted to SEK 1.62 (3.34). Operating result EBIT amounted to MSEK 2.1 (18.5) and EBIT margin amounted to 0.8 (9.5) percent. The result for the quarter amounted to MSEK -7.8 (7.7) and earnings per share after tax, before and after dilution amounted to SEK -0.90 (0.92). January - June 2023 Net revenue increased with 30.0 percent to MSEK 469.8 (361.3), of which 8.9 percent organic. EBITA result amounted to MSEK 21.1 (33.5) and EBITA margin amounted to 4.5 (9.3) percent. EBITA per share, before and after dilution, amounted to SEK 2.47 (4.02). Operating result EBIT amounted to MSEK -1.3 (15.0) and EBIT margin amounted to -0.3 (4.1) percent. The result for the quarter amounted to MSEK -20.4 (-4.7) and earnings per share after tax, before and after dilution amounted to SEK -2.38 (-0.56). Significant events during the second quarter On 16 May, a communiqué was published with resolutions from the Annual General Meeting. The meeting resolved on a dividend to the shareholders of SEK 2.25 (0) per share, where payment of the entire amount of MSEK 19.5 took place in May. The AGM also decided to introduce an incentive programme for senior executives, key individuals and other employees, consisting of a maximum of 295,000 subscription warrants in a series 2023/2026, where each subscription warrant gives the right to subscribe for one (1) new share in Awardit , and to authorise the Board of Directors, within the framework of the current Articles of Association, on one or more occasions up to the next Annual General Meeting, to resolve on an increase in the Company's share capital through a new issue of shares. Significant events after the end of the reporting period No significant events to report In a comment to the second quarter of the year CEO Erik Grohman says: "Awardit´s core business continues to stand strong despite challenging market conditions. However, the second quarter has been negatively affected by significantly worse results in the subsidiary MBXP than the corresponding quarter last year, which we are of course working intensively to remedy." The Interim Report for the period January - June 2023 can also be found on Awardit´s website Investor relations | Awardit For further information, contact: CEO: Erik Grohman Phone: +46 761 80 55 12 E-mail: erik.grohman@awardit.com About Awardit Awardit helps businesses increase revenue and profitability by implementing and operating loyalty programs, incentive programs and gift card programs targeting B2B & B2C customers. Awardit provides customers with program platforms on SaaS-basis, content in the form of commerce opportunities, partner networks as well as third party distribution of gift cards. The programs are normally provided on white label basis but Awardit also operates several private labels. Awardit is the largest company and platform in the Nordics in the sector. The company's shares trade on Nasdaq First North Growth Market (AWRD). The company's Certified Adviser is Aqurat Fondkommission AB , reachable at ca@aqurat.se or 08-684 05 800. This information is information that Awardit AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-08-15 08:00 CEST . Attachments Interim Report Q2 2023 Final © Modular Finance, source Nordic Press Releases

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Annual Revenue
$100-500M
Employees
250-500
Erik Grohman's photo - CEO of Awardit

CEO

Erik Grohman

CEO Approval Rating

90/100