The second quarter included significant new contracts, expansions, and renewals with brands such as Shiseido, LVMH, Nars,
The interim report is published at ir.bambuser.com.
Second quarter of the year (April –
- Q2 2022 ARR of 120,1 (55,2) MSEK, +118% y/y
- Q2 2022 Net Sales of 49,7 (27,3) MSEK, +82% y/y
- Q2 2022 adjusted EBITDA of -44.6 (-26,8) MSEK. -76% margin, +1%p y/y.
- EBIT -58 MSEK (-42,7)
- Cash flow from operations -42,6 (-13,8) MSEK.
- Ending the quarter with a healthy cash position at 442,7 (613,5) MSEK. Cash balance is sufficient to take
Bambuser to positive cash flow.
Comment from CEO,
“I am proud to report yet another quarter with solid growth. Despite a weaker macroeconomic backdrop, we continue to expand at a rapid pace with ARR growing 118% y/y in the quarter. We see continued strong adoption amongst our customers and their end consumers, evidenced by the number of unique viewers on our One-to-Many platform growing by 286% y/y in the quarter.”
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