This article first appeared on GuruFocus.
-
Revenue: SEK 517 million in Q3, up 9% year over year.
-
Gross Profit: SEK 125 million in Q3, up 9% year over year.
-
Gross Margin: Stable at 22% in Q3.
-
EBITDA: SEK 28 million in Q3, up 25% year over year.
-
EBITDA/Gross Profit Margin: 22.4% in Q3, up from 19.5% last year; long-term ambition 25%.
-
Net Profit: SEK 9 million in Q3.
-
Earnings Per Share: SEK 0.15 in Q3.
-
Net Cash Position: SEK 33 million; cash in bank SEK 63 million.
-
Operating Costs: Slightly higher, mainly driven by personnel/team investments, but growing well below revenue growth.
-
Partner Marketing Revenue: Up 8% in Q3, driven by the Grow self-serve platform and the US market (up 145% year over year).
-
Partner Marketing EBITDA: SEK 39 million in Q3, up from SEK 35 million last year.
-
Influencer Marketing Revenue: Up 18% in Q3, accelerated versus prior quarters.
-
Appiness Campaign Spend: Slightly more than EUR 2 million in Q3; reach expanded from 32 to over 40 countries.
-
Metapic App KPIs: 31% of creators made first recorded click and orders increased 17% in first 20 days after launch; highest number of sold campaigns in company history in October.
-
Long-Term Ta...