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 2022 Jul-Sep 2021 Jan-Sep 2022 Jan-Sep 2021 Jan-Dec 2021
Net sales, kSEK 19 005 14 774 53 058 37 907 53 706
EBITDA, kSEK 268 135 531 -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/

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For additional information, please contact:

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

Pernilla Ullsten, CFO Westpay AB
Mobile: +46 76-889 90 88
Email: pernilla.ullsten@westpay.se