Correction: Kollect on Demand Holding AB (publ) issues a trading update for May 2021
The previous issue of the report had incorrect labels in the table, which has now been amended. There are no other changes.
Kollect reports record monthly revenue of SEK 5.7M, and increases recurring revenue by 65% year on year.
Key Figures
| MAY 21 | MAY 20 | VARIANCE | APR 21 | VARIANCE | |||
| TOTAL REVENUE | SEK 5.7M | SEK 4.2M | 35% | SEK 5.4M | 3% | ||
| TOTAL GROSS MARGIN | 40% | 35% | 5% | 38% | 2% |
Recurring Revenue Activities
Recurring revenues in April 2021 were 65% higher than recurring revenues for May 2020.
Non-Recurring Revenue Activities
Non-recurring revenues grew by approximately 9% compared to May 2020 revenues and were up by approximately 5% compared to April 2021 revenues.
Gross Margin
The Company achieved a gross margin of 40% at a consolidated level in the month. This was an increase of 2 percentage points on the prior month and an increase of 5 percentage points compared to a gross margin of 35% in May 2020.
Please click on the attached PDF for the full trading update
