Kollect on Demand Holding AB (publ) issues a trading update for November 2021
Today on December 15, 2021, Kollect on Demand Holding AB (publ) (“Kollect” or the “Company”) issues a trading update for November 2021.
Kollect increases total revenue by 22% year-on-year.
Key Figures:
| Nov-21 | Nov-20 | Variance | Oct-21 | Variance | |||
| Total Revenue | SEK 5.5m | SEK 4.5m | 22% | SEK 6.1m | -8% | ||
| Total Gross Margin | 36% | 42% | -6% | 35% | 1% |
Total Revenue increased by 22% compared to the prior year.
Recurring revenue activities
Recurring revenuesin November 2021 were 19% higher than recurring revenues for November 2020.
BIGbin revenues
BIGbinrevenues in November 2021 were up 6% from November 2020 and were up 4% compared to October 2021.
Non-recurring revenues
Non-recurring revenues grew by approximately 23% compared to November 2020 revenues.
Gross margin
The Company achieved a gross margin of 36% at a consolidated level in the month. This was 1 percentage point higher than the prior month.
Since end of November
BIGbin launched a new site in Ballinrobe, Co. Mayo in early December, bringing the total number to 35 (one of which, Ardmore, is a campsite and effectively is closed for the season).
Also, on December 7th, it was announced that the Company was ranked 20 in the 2021 Deloitte Technology Fast 50 for Irish companies. This was the first year that the Company was included.
Please click on the attached PDF for the full trading update.
