Exsitec Holding AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 27, 2022
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Exsitec Holding AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 159.48 million compared to SEK 114.9 million a year ago. Revenue was SEK 182.55 million compared to SEK 115.54 million a year ago. Net loss was SEK 10.32 million compared to SEK 24.64 million a year ago. Basic loss per share from continuing operations was SEK 0.8 compared to SEK 1.9 a year ago. Diluted loss per share from continuing operations was SEK 0.8 compared to SEK 1.9 a year ago.
For the nine months, sales was SEK 530.54 million compared to SEK 350.07 million a year ago. Revenue was SEK 555.25 million compared to SEK 348.01 million a year ago. Net loss was SEK 16.87 million compared to SEK 26.68 million a year ago. Basic loss per share from continuing operations was SEK 1.3 compared to SEK 2.1 a year ago. Diluted loss per share from continuing operations was SEK 1.3.
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 
