Boozt AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022 at 02:00 am EST
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Boozt AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 1,328.1 million compared to SEK 1,232.1 million a year ago. Revenue was SEK 1,328.1 million compared to SEK 1,232.1 million a year ago. Net income was SEK 24.2 million compared to net loss of SEK 2.7 million a year ago. Basic earnings per share from continuing operations was SEK 0.36 compared to basic loss per share from continuing operations of SEK 0.04 a year ago. Diluted earnings per share from continuing operations was SEK 0.35 compared to diluted loss per share from continuing operations of SEK 0.04 a year ago.
For the nine months, sales was SEK 4,305.3 million compared to SEK 3,845.8 million a year ago. Revenue was SEK 4,305.3 million compared to SEK 3,850.4 million a year ago. Net income was SEK 62.7 million compared to SEK 101.3 million a year ago. Basic earnings per share from continuing operations was SEK 0.93 compared to SEK 1.55 a year ago. Diluted earnings per share from continuing operations was SEK 0.92 compared to SEK 1.52 a year ago.
Boozt AB is a Sweden-based company engaged in the provision of e-commerce solutions for the apparel industry. The Company offers customized e-commerce software and services that create e-commerce platforms, namely Boozt.com and its mono-brand stores, that are fully hosted and managed. Its software includes Propilot, a Web shop management administration system that enables changes to Web shop content; Podium, a front end module which ensures optimized user experience for users on mobile devices; Fastlane, a warehouse management system (WMS) that runs fulfillment processes in warehouses and integrates them with distribution partners; CS Eye, a customer overview service; and Brand Portal, a business intelligence (BI) service suite. Its services include the development of an initial strategy, building an online shop, fulfilling orders, handling returns, running ongoing campaigns and acquiring and retaining customers.
BOOZT AB 
