EXECUTING TOWARDS PROFITABILITY

SECOND QUARTER 2023

  • Net sales totalled MSEK 13,5 (17,2), a change of MSEK -3,7 / -21 %
  • EBITDA was MSEK -4,3 (0,2), a change of MSEK -4,5
  • EBIT was MSEK -7,0 (-2,0), a change of MSEK -5,0
  • Net earnings were MSEK -6,9 (-2,1), a change of MSEK -4,8
  • Net earnings per share amounted to SEK -0,15 (-0,05)

JANUARY – JUNE 2023

  • Net sales totalled MSEK 30,2 (34,1), a change of MSEK -3,9 / -11 %
  • EBITDA was MSEK -7,1 (0,3), a change of MSEK -7,4
  • Operating profit/loss was MSEK -12,3 (-3,9), a change of MSEK -8,4
  • Profit/loss after tax was MSEK -12,4 (-4,2), a change of MSEK -8,2
  • Net earnings per share amounted to SEK -0,29 (-0,11)
Apr-Jun 2023 Apr-Jun 2022 Jan-Jun 2023 Jan-Jun 2022 Jan-Dec 2022
Net sales, kSEK 13 534 17 224 30 225 34 053 70 416
EBITDA, kSEK -4 307 177 -7 127 262 621
EBIT, kSEK   -6 953 -1 957 -12 252 -3 883 -8 140
Net earnings, kSEK -6 861 -2 085 -12 381 -4 177 -8 768
Net earnings per share, SEK   -0,15 -0,05 -0,29 -0,11 -0,22

EVENTS DURING THE QUARTER

  • Westpay published annual report for 2022.
  • Westpay signs agreement with Menigo.
  • Axfood extends cooperation with Westpay and expands the scope of payment services.

EVENTS AFTER THE END OF THE QUARTER

  • Westpay implements cost savings program to drive positive financial results.
  • Westpay has resolved on issues of shares amounting to approximately SEK 8.5 million.
  • Westpay signs agreement with PayEx, one of the leading card acquirers in the Nordics under the brand Swedbank Pay.

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

Download Press Release

For additional information, please contact:

Sten Karlsson, CEO Westpay AB
Mobile: +46 70-555 6065
Email: sten.karlsson@westpay.se