BIMobject AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 27, 2023 at 02:00 am EDT
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BIMobject AB reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 40.89 million compared to SEK 33.75 million a year ago. Revenue was SEK 40.7 million compared to SEK 35.05 million a year ago. Net income was SEK 1.86 million compared to net loss of SEK 12.12 million a year ago. Basic earnings per share from continuing operations was SEK 0.01 compared to basic loss per share from continuing operations of SEK 0.09 a year ago. Diluted earnings per share from continuing operations was SEK 0.01 compared to diluted loss per share from continuing operations of SEK 0.09 a year ago.
For the nine months, sales was SEK 117.17 million compared to SEK 98.09 million a year ago. Revenue was SEK 119.02 million compared to SEK 100.9 million a year ago. Net loss was SEK 10.61 million compared to SEK 44.44 million a year ago. Basic loss per share from continuing operations was SEK 0.08 compared to SEK 0.31 a year ago. Diluted loss per share from continuing operations was SEK 0.08 compared to SEK 0.31 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.