Exsitec Holding AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 05, 2024
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Exsitec Holding AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SEK 211.06 million compared to SEK 188.31 million a year ago. Revenue was SEK 212.6 million compared to SEK 189.18 million a year ago. Net income was SEK 28.2 million compared to SEK 12.06 million a year ago. Basic earnings per share from continuing operations was SEK 2.16 compared to SEK 0.94 a year ago. Diluted earnings per share from continuing operations was SEK 2.1 compared to SEK 0.9 a year ago.
For the full year, sales was SEK 751.27 million compared to SEK 656.58 million a year ago. Revenue was SEK 757.43 million compared to SEK 682.16 million a year ago. Net income was SEK 70.82 million compared to SEK 56.12 million a year ago. Basic earnings per share from continuing operations was SEK 5.48 compared to SEK 4.37 a year ago. Diluted earnings per share from continuing operations was SEK 5.28 compared to SEK 4.2 a year ago.
Exsitec Holding AB is a Sweden-based Information technology (IT) service management company. Exsitec are engaged in operational systems and digitization that contributes to the client companies development. The Company helps its customers get the digital support for their business to achieve a more efficient working day, superior customer experiences and smarter data analyses. The Company operations in Sweden are divided into three business areas. Within the Insight business area, the Company offers its customers the tools to conduct analyses and data processing by means of modern IT system for business intelligence, budgetary management, and planning.Within the ERP business area, customers are offered financial and logistical tools to reduce administration. In the Experience business area, the Company offers its customers tools to improve their customer experience as well as modern digital platforms relating to e-commerce, CRM, and integrations.
EXSITEC HOLDING AB 
