Exsitec Holding AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021 at 02:00 am EST
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Exsitec Holding AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was SEK 114.9 million compared to SEK 58.16 million a year ago. Revenue was SEK 115.54 million compared to SEK 58.43 million a year ago. Net loss was SEK 24.64 million compared to SEK 3.52 million a year ago. Basic loss per share from continuing operations was SEK 1.9 compared to SEK 0.3 a year ago. Diluted loss per share from continuing operations was SEK 1.9 compared to SEK 0.3 a year ago.
For the nine months, sales was SEK 364.81 million compared to SEK 208.3 million a year ago. Revenue was SEK 362.75 million compared to SEK 209.04 million a year ago. Net loss was SEK 22.77 million compared to SEK 2.23 million a year ago. Basic loss per share from continuing operations was SEK 1.8.
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 
