Exsitec Holding AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 15, 2022 at 11:40 am IST
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Exsitec Holding AB (publ) reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was SEK 189.71 million compared to SEK 130.17 million a year ago. Revenue was SEK 190.52 million compared to SEK 130.41 million a year ago. Net loss was SEK 8.45 million compared to SEK 1.92 million a year ago. Basic loss per share from continuing operations was SEK 0.7 compared to SEK 0.1 a year ago.
For the six months, sales was SEK 371.06 million compared to SEK 235.17 million a year ago. Revenue was SEK 372.7 million compared to SEK 232.47 million a year ago. Net loss was SEK 6.55 million compared to SEK 2.05 million a year ago. Basic loss per share from continuing operations was SEK 0.5 compared to SEK 0.2 a year ago. Diluted loss per share from continuing operations was SEK 0.5 compared to SEK 0.2 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.