Interim report Q1, 2024
First quarter
- Net sales amounted to SEK 4.9 (11.4*) million
- EBITDA amounted to SEK -0.9 (-10.1**) million
- EBIT amounted to SEK -7.9 (-31.1) million
- EBT amounted to SEK -9.9 (-32.5) million
* including revenues from the now divested companies Ampilio AB and the Trigger Company AB
** including the loss amounting to SEK -7.0 million for the sales of Ampilio AB and The Trigger Company
CEO STATEMENT
I am honored to take on the role of CEO at SpectrumOne, and I extend my heartfelt thanks for the warm reception I’ve received. Since stepping into this position, I’ve gained a comprehensive understanding of our operations and am thrilled about the opportunities that lie ahead. Our mission to further develop and expand is clearer than ever.
I deeply value the insights and feedback many of you have shared. Engaging effectively as a publicly listed company is challenging, yet crucial. I am committed to upholding our standards of communication, transparency, and insight, and look forward to addressing your questions more thoroughly at our upcoming shareholder meeting in early May.
This past quarter has been bustling with activity. We’ve made considerable progress in our strategic partnerships, notably with Tietoevry. I’m pleased to announce significant milestones in our collaboration; PRISM has now been successfully integrated into Tietoevry’s platform, Infotorg, and rebranded as Infotorg Insights. This marks a pivotal development for PRISM as it transitions into a product actively utilized and sold in the market.
This collaboration is proving fruitful, with initial deployments in governmental settings and increasing market awareness through strategic marketing efforts and industry events.
Looking ahead, we are embarking on Phase 2 of our partnership with Tietoevry, focusing on expanding our product offerings based on successful proof of concept activities. This phase aims to enhance value for existing clients and broaden our service offerings.
Our relationship with Dun & Bradstreet (D&B) remains a cornerstone of our strategy. We are deepening this partnership to leverage our unique position as a technology partner integrated with their offerings. Recent initiatives aim to enhance the sales team’s capability to market Direktinfo effectively and explore new packaging options to attract a wider audience.
As we progress, we are also nearing the conclusion of establishing another key partnership, details of which I look forward to sharing at our next shareholder meeting.
Thank you for your continued support and belief in our vision. The advancements we are making are not just growing our capabilities but also solidifying our position as a leader in innovative solutions for data-driven decision-making.
Sincerely,
Stephen Karl Ranson
CEO
For further information contact:
Stephen Ranson CEO
+47 99288 221,
[email protected]
Certified Adviser:
Aktieinvest FK AB (556072-2596)
Box 7415 103 91 Stockholm
Telefon: +46 8 506 517 03
[email protected]
www.aktieinvest.se
SpectrumOne AB (publ) is obligated to publish this information under the EU Market Abuse Regulation. The information was provided by the above contact person's auspices, for publication on April 26, 2024 at 5.30 p.m. CET.
This report is to be found on our webpage (https://spectrumone.com/investor/reports-and-presentations/)
About SpectrumOne AB
SpectrumOne is a leading technology company delivering an advanced Data Management, Analytics & Communications platform suite. Offered in a SaaS online service shipping with rich market data from various professional providers, SpectrumOne provides a unique solution to many leading actors across industry segments in various countries. Enabling clients with fast and easy access to data insight and visualization coupled with powerful search, segmentation, and mapping features. SpectrumOne allows data to be quickly enabled and operationalized, driving activities from customer communication to data science supporting business analysis, strategy, and growth. All of which can be enabled the same day with immediate results. SpectrumOne´s headquarter is based in Stockholm, Sweden, responsible for Nordic sales and strategy, with additional sales and business development located in Norway, Finland and Belgium. SpectrumOne is listed on Nasdaq First North Growth Market in Stockholm.