Year-End Report 2022
7TH CONSECUTIVE QUARTER OF GROWTH YOY, REVENUES UP 31 % FOR 2022
FOURTH QUARTER 2022
- Net sales totalled MSEK 17,4 (15,8), a change of MSEK +1,6 / +10 %
- EBITDA was MSEK 0,1 (-7,9), a change of MSEK +7,8
- EBIT was MSEK -2,3 (-10,1), a change of MSEK +7,8
- Net earnings were MSEK -2,6 (-10,3), a change of MSEK +7,7
- Net earnings per share amounted to SEK -0,06 (-0,27)
Adjusted *
- EBITDA was MSEK 0,1 (-1,2), a change of MSEK +1,3
- EBIT was MSEK -2,3 (-3,4), a change of MSEK +1,1
- Net earnings were MSEK -2,6 (-3,6), a change of MSEK +1,0
- Net earnings per share amounted to SEK -0,06 (-0,09)
JANUARY – DECEMBER 2022
- Net sales totalled MSEK 70,4 (53,7), a change of MSEK +16,7 / +31 %
- EBITDA was MSEK 0,6 (-11,5), a change of MSEK +10,9
- EBIT was MSEK -8,1 (-18,6), a change of MSEK +10,5
- Net earnings was MSEK -8,8 (-19,1), a change of MSEK +10,3
- Net earnings per share amounted to SEK -0,22 (-0,54)
Adjusted *
- EBITDA was MSEK 0,6 (-4,8), a change of MSEK +5,4
- EBIT was MSEK -8,1 (-11,9), a change of MSEK +3,8
- Net earnings was MSEK -8,8 (-12,4), a change of MSEK +3,6
- Net earnings per share amounted to SEK -0,22 (-0,35)
| Oct-Dec 2022 | Oct-Dec 2021 | Jan-Dec 2022 | Jan-Dec 2021 | ||
| Net sales, kSEK | 17 358 | 15 799 | 70 416 | 53 706 | |
| EBITDA, kSEK | 91 | -7 898 | 621 | -11 450 | |
| Adjusted EBITDA, kSEK * | - | -1 236 | - | -4 787 | |
| EBIT, kSEK | -2 330 | -10 101 | -8 140 | -18 557 | |
| Adjusted EBIT, kSEK * | - | -3 438 | - | -11 895 | |
| Net earnings, kSEK | -2 562 | -10 260 | -8 768 | -19 057 | |
| Adjusted net earnings, kSEK * | - | -3 598 | - | -12 395 | |
| Net earnings per share, SEK | -0,06 | -0,27 | -0,22 | -0,54 | |
| Adjusted net earnings per share, SEK * | - | -0,09 | - | -0,35 |
* Adjusted figures have been recalculated by adjusting for items affecting the comparability of the company’s figures. The adjustments amount to kSEK 0 (6 662) during the fourth quarter of 2022. For more information, refer to note Items affecting comparability in the year-end report.
EVENTS DURING THE QUARTER
- Westpay releases the next-generation payment terminal, a wireless so-called pin-on-glass device.
- Additional order from Absa Bank in South Africa, value MSEK 4,7.
EVENTS AFTER THE END OF THE QUARTER
- Westpay boosts financial capability through strategic partnership with XAC Automation Corp.
- Westpay has resolved, subject to the approval of the general meeting, to carry out a directed share issue of 5 319 148 shares at a subscription price of SEK 1.41.
For more information about news and events: https://investor.westpay.se/financial-reports/