Interim financial report January - March 2022
CONTINUED GROWTH, REVENUES UP 46 %
FIRST QUARTER 2022
o Net sales totalled MSEK 16.8 (11.5), a change of MSEK +5.3 / +46 %
o EBITDA was MSEK 0.1 (-1.4), a change of MSEK +1.5
o EBIT was MSEK -1.9 (-3.0), a change of MSEK +1.1
o Net earnings were MSEK -2.1 (-3.1), a change of MSEK +1.0
o Net earnings per share amounted to SEK -0.05 (-0.09)
| Jan-Mar 2022 | Jan-Mar 2021 | Jan-Dec 2021 | |
| Net sales, kSEK | 16 828 | 11 516 | 53 706 |
| EBITDA, kSEK | 85 | -1 448 | -11 450 |
| Adjusted EBITDA, kSEK * | – | – | -4 787 |
| EBIT, kSEK | -1 925 | -2 986 | -18 557 |
| Adjusted EBIT, kSEK * | – | – | -11 895 |
| Net earnings, kSEK | -2 092 | -3 091 | -19 057 |
| Adjusted net earnings, kSEK * | – | – | -12 395 |
| Net earnings per share, SEK | -0,05 | -0,09 | -0,54 |
| Adjusted net earnings per share, SEK * | – | – | -0,35 |
* Adjusted figures have been recalculated by adjusting for items affecting the comparability of the company’s figures. The adjustments amount to kSEK 6 662 in the fourth quarter of 2021. For more information, refer to the interim report.
EVENTS DURING THE QUARTER
· Westpay signs agreement with Extenda Retail.
· Westpay signs agreement with Martin & Servera.
EVENTS AFTER THE END OF THE QUARTER
· Successful launch of Vipps payment services in Norway.
· Westpay partners with ACI Worldwide for a complete Integrated Commerce offering.
For more information about news and events: https://investor.westpay.se/financial-reports/