Zaptec AS Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022
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Zaptec AS reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NOK 226.13 million compared to NOK 130.96 million a year ago. Revenue was NOK 226.13 million compared to NOK 130.96 million a year ago. Net income was NOK 3.5 million compared to NOK 5.75 million a year ago. Basic earnings per share from continuing operations was NOK 0.05 compared to NOK 0.08 a year ago. Diluted earnings per share from continuing operations was NOK 0.05 compared to NOK 0.07 a year ago.
For the nine months, sales was NOK 509.86 million compared to NOK 296.16 million a year ago. Revenue was NOK 509.86 million compared to NOK 296.16 million a year ago. Net loss was NOK 2.57 million compared to net income of NOK 13.1 million a year ago. Basic loss per share from continuing operations was NOK 0.03 compared to basic earnings per share from continuing operations of NOK 0.17 a year ago. Diluted loss per share from continuing operations was NOK 0.03 compared to diluted earnings per share from continuing operations of NOK 0.17 a year ago.
Zaptec ASA is a Norway-based technology company. The Company offers intuitive and efficient Electric Vehicle (EV) chargers that ensure easier access to personal electric transport by combining the newest technology with a user-oriented design. Zaptecâs charging stations include Zaptec Go and Zaptec Pro. Zaptec Go makes charging 10 times faster than using a socket, it fits well with all types of electric cars and homes and is one of the smallest smart chargers on the market, while Zaptec Pro is suitable for larger parking spaces in housing cooperatives and co-ownership properties, companies and newbuilds. The Company also offers Zaptec Sense, that automatically adjusts the charging speed in order to avoid overloading and power outages. Zaptec AS has several subsidiaries, including Zaptec Deutschland GmBH, Zaptec Sverige AB and Zaptec Danmark ApS.