Interim Report Q3 - Ayima Group AB

Highlights 

3rd Quarter: Jul - Sep 2023

• Revenue amounted to 29.4 MSEK (37.7), a decrease of 22% from the corresponding period in 2022
• Gross Profit amounted to 14.9 MSEK (22.2), a decrease of 33% from the corresponding period in 2022 
• Operating costs amounted to 14.6 MSEK (20.5), a reduction of 29% from the corresponding period last year
• A positive EBITDA result of 0.4 MSEK (1.7) 
• Net Profit after tax for the period was -3.5 MSEK (-2.1)

Year: Jan - Sep 2023

• Revenue amounted to 94.8 MSEK (110.9), a decrease of 14% from the same period in 2022
• Gross Profit amounted to 45.1 MSEK (64.5), a decrease of 30% from the same period in 2022 
• Operating costs amounted to 53.0 MSEK (59.3), a reduction of 11% from the corresponding period in 2022
• An EBITDA result of -7.9 MSEK (5.2)
• Net Profit after tax for the period was -20.1 MSEK (-4.6)

Additional Highlights

• 4.3 MSEK (annualised) of new business announced on 2023-07-06
• A further 6.4 MSEK (annualised) of new business signed during the remainder of Q3
• Restructuring to result in cost savings of approximately 18.5 MSEK annually. The company’s savings have exceeded expectations with 6 MSEK in Q3 and a further 3.7 MSEK expected in Q4 2023

The full report can be downloaded here