Mr. Green & Co AB (publ) reported consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, on consolidated basis, the company reported revenue of SEK 412,822,000 against SEK 287,811,000 a year ago. EBITDA before non-recurring items was SEK 45,407,000 against SEK 52,387,000 a year ago. EBITDA after non-recurring items was SEK 45,407,000 against SEK 52,387,000 a year ago. Earnings before interest and tax were SEK 15,835,000 against SEK 35,498,000 a year ago. Result before tax was SEK 15,555,000 against SEK 35,491,000 a year ago. Net result for the period was SEK 12,697,000 against SEK 33,000,000 a year ago. Result for the period attributable to shareholders of the parent company was SEK 12,646,000 against SEK 33,000,000 a year ago. Earnings per share before dilution were SEK 0.31 against SEK 0.90 a year ago. Earnings per share after dilution were SEK 0.30 against SEK 0.90 a year ago. Cash flow from operating activities was SEK 80,279,000 against SEK 105,261,000 a year ago. Acquisition of intangible assets was SEK 32,939,000 against SEK 25,841,000 a year ago. Acquisition of property, plant and equipment was SEK 4,566,000 against SEK 238,000 a year ago. Return on equity was 1.4% against 4.2% a year ago. Cash flow from operating activities per share was SEK 1.97 against SEK 2.87 a year ago. Negative free cash flow per share was SEK 0.21 against SEK 0.18 a year ago.

For the six months, on consolidated basis, the company reported revenue of SEK 793,794,000 against SEK 563,939,000 a year ago. EBITDA before non-recurring items was SEK 91,236,000 against SEK 86,587,000 a year ago. EBITDA after non-recurring items was SEK 91,236,000 against SEK 86,587,000 a year ago. Earnings before interest and tax were SEK 55,047,000 against SEK 98,121,000 a year ago. Result before tax was SEK 55,040,000 against SEK 97,357,000 a year ago. Net result for the period was SEK 51,856,000 against SEK 90,354,000 a year ago. Result for the period attributable to shareholders of the parent company was SEK 51,856,000 against SEK 90,302,000 a year ago. Earnings per share before dilution were SEK 1.43 against SEK 2.29 a year ago. Earnings per share after dilution were SEK 1.43 against SEK 2.22 a year ago. Cash flow from operating activities was SEK 182,195,000 against SEK 142,822,000 a year ago. Acquisition of intangible assets was SEK 65,261,000 against SEK 49,647,000 a year ago. Acquisition of property, plant and equipment was SEK 7,085,000 against SEK 330,000 a year ago.

For the quarter, on parent basis, the company reported revenue of SEK 1,410,000 against SEK 1,350,000 a year ago. LBITDA before non-recurring items was SEK 6,971,000 against SEK 7,452,000 a year ago. Loss before interest and tax was SEK 7,020,000 against SEK 7,503,000 a year ago. Net loss for the period was SEK 6,757,000 against SEK 7,678,000 a year ago.

For the six months, on parent basis, the company reported revenue of SEK 2,820,000 against SEK 2,700,000 a year ago. LBITDA before non-recurring items was SEK 13,810,000 against SEK 13,265,000 a year ago. Loss before interest and tax was SEK 13,912,000 against SEK 13,367,000 a year ago. Net loss for the period was SEK 13,382,000 against SEK 13,703,000 a year ago.

For 2018, the company to deliver revenue growth of not less than 40% and an EBITDA margin of about 15%. By 2020, to company will deliver annual revenue growth of 25% and an EBITDA margin of 15%.