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Regulatory press release

Interim financial report July-September 2022

Westpay
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GROWTH CONTINUES, REVENUES UP 29 %

THIRD QUARTER 2022

  • Net sales totalled MSEK 19,0 (14,8), a change of MSEK +4,2 / +29 %
  • EBITDA was MSEK 0,3 (0,1), a change of MSEK +0,2
  • EBIT was MSEK -1,9 (-1,6), a change of MSEK -0,3
  • Net earnings were MSEK -2,0 (-1,7), a change of MSEK -0,3
  • Net earnings per share amounted to SEK -0,05 (-0,05)

JANUARY – SEPTEMBER 2022

  • Net sales totalled MSEK 53,1 (37,9), a change of MSEK +15,2 / +40 %
  • EBITDA was MSEK 0,5 (-3,6), a change of MSEK +4,1
  • Operating profit/loss was MSEK -5,8 (-8,5), a change of MSEK +2,7
  • Profit/loss after tax was MSEK -6,2 (-8,8), a change of MSEK +2,6
  • Net earnings per share amounted to SEK -0,16 (-0,26)


Jul-Sep 2022Jul-Sep 2021Jan-Sep 2022Jan-Sep 2021Jan-Dec 2021
Net sales, kSEK
19 00514 77453 05837 90753 706
EBITDA, kSEK
268135531-3 551-11 450
Adjusted EBITDA, kSEK *
––––-4 787
EBIT, kSEK
-1 927-1 635-5 810-8 456-18 557
Adjusted EBIT, kSEK *
––––-11 895
Net earnings, kSEK
-2 029-1 749-6 206-8 797-19 057
Adjusted net earnings, kSEK *
––––-12 395
Net earnings per share, SEK
-0,05-0,05-0,16-0,26-0,54
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

  • Decision made to extend convertible loan of MSEK 5 to October 2024.
  • Westpay appoints Pernilla Ullsten as new CFO in August.

EVENTS AFTER THE END OF THE QUARTER

  • Westpay releases the next-generation payment terminal.

For more information about news and events: https://investor.westpay.se/financial-reports/


For more information, please contact:

Sten Karlsson, CEO Westpay AB
Mobil: +46 70-555 6065
E-post: sten.karlsson@westpay.se
 
Pernilla Ullsten, CFO Westpay AB
Mobil: +46 76-889 90 88
E-post: pernilla.ullsten@westpay.se

Redeye AB is the company’s Certified Adviser.



About Westpay
Westpay is a full-service Fintech- and Payment Solution Provider that offers solutions that simplify payments and amplifies the overall customer experience. If you represent a restaurant, hotel, store, in-store, or e-commerce, and looking for a payment solution that adds value, we can help you all the way. The company is represented globally, headquartered in Stockholm, Sweden and is listed on Nasdaq First North Growth Market.

Learn more at: westpay.se

Attachments


Interim Report Westpay Jul Sep 2022

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