BIMobject AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 26, 2022 at 12:00 pm IST
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BIMobject AB reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 33.75 million compared to SEK 30.82 million a year ago. Revenue was SEK 35.05 million compared to SEK 30.93 million a year ago. Net loss was SEK 12.12 million compared to SEK 22.84 million a year ago. Basic loss per share from continuing operations was SEK 0.09 compared to SEK 0.16 a year ago. Diluted loss per share from continuing operations was SEK 0.09 compared to SEK 0.16 a year ago.
For the nine months, sales was SEK 98.09 million compared to SEK 89.59 million a year ago. Revenue was SEK 100.9 million compared to SEK 91.82 million a year ago. Net loss was SEK 44.44 million compared to SEK 65.83 million a year ago. Basic loss per share from continuing operations was SEK 0.31 compared to SEK 0.47 a year ago. Diluted loss per share from continuing operations was SEK 0.31 compared to SEK 0.47 a year ago.
Bimobject AB is a Sweden-based company active in the field of information technology. It supports corporate customers with technology and services related to computer-aided design (CAD) and building information modeling (BIM). It assists building producers and interior manufacturers in development and management of digital replicas of their products as BIM objects, either starting from two-dimensional drawings, CAD data or scanning the physical form of buildings and products. The BIM objects allow carrying detailed physical representation of products, as well as links to product information, websites, contact details and assembly instructions. The Company offers a cloud-based database for BIM objects, BIMobject software applications for formats such as Autodesk Revit and Atlantis (BIM Render), services such as modeling, programming, scripting and conversion, market analysis and online seminars. It operates subsidiaries in Italy, the United States and Poland.