Lime Technologies AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 14, 2023 at 01:50 am EDT
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Lime Technologies AB (publ) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SEK 144.48 million compared to SEK 123.95 million a year ago. Revenue was SEK 144.98 million compared to SEK 124.16 million a year ago. Net income was SEK 20.57 million compared to SEK 17.88 million a year ago. Basic earnings per share from continuing operations was SEK 1.55 compared to SEK 1.35 a year ago. Diluted earnings per share from continuing operations was SEK 1.54 compared to SEK 1.34 a year ago.
For the six months, sales was SEK 288.98 million compared to SEK 242.61 million a year ago. Revenue was SEK 290.38 million compared to SEK 243 million a year ago. Net income was SEK 41.28 million compared to SEK 34.04 million a year ago. Basic earnings per share from continuing operations was SEK 3.11 compared to SEK 2.56 a year ago. Diluted earnings per share from continuing operations was SEK 3.09 compared to SEK 2.55 a year ago.
Lime Technologies AB (publ) is a Sweden-based information technology (IT) company and software developer. The Company develops, sells and implements customer relationship management (CRM) systems. The Company offers Software as a Service (SaaS) subscriptions and provides consultancy in the implementation and customization of its software products. The Company's products include Lime Go, a cloud-based sales management system that contains a database with contact details of all Swedish, Danish and Norwegian businesses, and Lime CRM, an integrated system with industry-specific solutions. The Company conducts its activities on the Nordic market and maintains offices in Sweden, Norway, Denmark and Finland.