Interim Financial Report July-September 2024
GROWTH AND STRATEGIC EXPANSION DRIVE WESTPAY FORWARD
THIRD QUARTER 2024
· Net sales totalled MSEK 16,3 (12,4), a change of MSEK +3,9 / +32 %
· EBITDA was MSEK 1,6 (-3,0), a change of MSEK +4,6
· EBIT was MSEK -0,8 (-5,8), a change of MSEK +5,0
· Net earnings were MSEK -1,4 (-6,5), a change of MSEK +5,1
· Net earnings per share amounted to SEK -0,02 (-0,12), a change of SEK +0,1
Adjusted*
· EBITDA was MSEK 1,6 (-0,4), a change of MSEK +2,0
· EBIT was MSEK -1,9 (-3,1), a change of MSEK +1,3
· Net earnings were MSEK -2,5 (-3,9), a change of MSEK +1,4
· Net earnings per share amounted to SEK -0,03 (-0,07), a change of SEK +0,04
JANUARY - SEPTEMBER 2024
· Net sales totalled MSEK 46,8 (42,6), a change of MSEK 4,2 / 10%
· EBITDA was MSEK 2,7 (-10,2), a change of MSEK +12,9
· EBIT was MSEK -4,2 (-18,0), a change of MSEK +13,7
· Net earnings were MSEK -6,4 (-18,9), a change of MSEK +12,5
· Net earnings per share amounted to SEK -0,08 (-0,41), a change of SEK +0,32
Adjusted*
· EBITDA was MSEK 4,2 (-7,5), a change of MSEK +11,7
· EBIT was MSEK -5,7 (-15,4), a change of MSEK +9,7
· Net earnings were MSEK -7,9 (-16,2), a change of MSEK +8,3
· Net earnings per share amounted to SEK -0,10 (-0,35), a change of SEK +0,25
| Jul-Sep 2024 | Jul-Sep 2023 | Jan-Sep 2024 | Jan-Sep 2023 | Jan-Dec 2023 | ||
| Net sales, kSEK | 16 312 | 12 364 | 46 774 | 42 589 | 61 112 | |
| EBITDA, kSEK | 1 602 | -3 034 | 2 663 | -10 161 | -8 851 | |
| Adjusted EBITDA, kSEK * | 1 602 | -392 | 4 156 | -7 519 | -6 210 | |
| EBIT, kSEK | -825 | -5 786 | -4 241 | -18 038 | -19 710 | |
| Adjusted EBIT, kSEK * | -1 883 | -3 144 | -5 739 | -15 396 | -17 068 | |
| Net earnings, kSEK | -1 394 | -6 510 | -6 402 | -18 891 | -27 594 | |
| Adjusted net earnings, kSEK * | -2 452 | -3 868 | -7 900 | -16 249 | -18 319 | |
| Net earnings per share, SEK | -0,02 | -0,12 | -0,08 | -0,41 | -0,56 | |
| Adjusted net earnings per share, SEK * | -0,03 | -0,07 | -0,10 | -0,35 | -0,37 |
EVENTS DURING THE QUARTER
· Westpay continues to expand its reach and footprint on the Nordic payment market. The Danish POS supplier NyKapital Group. ApS and Westpay have signed an agreement that will make Westpay’s suite of payment services available to NyKapital’s customers in Denmark.