Litium: Solid Q3 in a tough environment - ABG
ARR +15% y-o-y, -3% vs ABGSCe
Expect minor est. revisions
Webcast scheduled for 11:00 CET
Q3 results
ARR SEK 67.4m (-3% vs. ABGSCe 69.2m), sales SEK 15.6m (-5% vs. ABGSCe), EBITDA SEK 1.0m (vs. ABGSCe 0.6m), EBIT SEK -2.2m (vs. ABGSCe -2.4m), net profit SEK -2.2m (vs. ABGSCe -2.4m). Litium reported a robust ARR growth of 15% vs. ABGSC 18%, despite a gloomier consumer sentiment. The company achieved a positive EBITDA that is better than we expected and continues to grow both ARR and sales at a steady pace despite tough comps for the broader e-commerce market.
Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/Litium/Equity-research/2022/10/litium---solid-q3-in-a-tough-environment/