CONTINUED GROWTH, REVENUES UP 46 %

FIRST QUARTER 2022
  • Net sales totalled MSEK 16.8 (11.5), a change of MSEK +5.3 / +46 %
  • EBITDA was MSEK 0.1 (-1.4), a change of MSEK +1.5
  • EBIT was MSEK -1.9 (-3.0), a change of MSEK +1.1
  • Net earnings were MSEK -2.1 (-3.1), a change of MSEK +1.0
  • Net earnings per share amounted to SEK -0.05 (-0.09)
Jan-Mar 2022 Jan-Mar 2021 Jan-Dec 2021
Net sales, kSEK 16 828 11 516 53 706
EBITDA, kSEK 85 -1 448 -11 450
Adjusted EBITDA, kSEK *   – – -4 787
EBIT, kSEK -1 925 -2 986 -18 557
Adjusted EBIT, kSEK *   – – -11 895
Net earnings, kSEK -2 092 -3 091 -19 057
Adjusted net earnings, kSEK *   – – -12 395
Net earnings per share, SEK -0,05 -0,09 -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
  • Westpay signs agreement with Extenda Retail.
  • Westpay signs agreement with Martin & Servera.
EVENTS AFTER THE END OF THE QUARTER
  • Successful launch of Vipps payment services in Norway.
  • Westpay partners with ACI Worldwide for a complete Integrated Commerce offering.

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

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For additional information, please contact:

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

Lars Levin, CFO Westpay AB
Mobile: +46 70-896 64 04
Email: lars.levin@westpay.se