Exsitec Holding AB Publ Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 02:00 am EDT
Share
Exsitec Holding AB publ announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was SEK 133.405 million compared to SEK 70.222 million a year ago. Operating income was SEK 5.246 million compared to SEK 1.803 million a year ago. Net loss was SEK 1.127 million compared to SEK 969,000 a year ago. Basic loss per share from continuing operations was SEK 0.1 compared to SEK 9.5 a year ago. Diluted loss per share from continuing operations was SEK 0.1 compared to SEK 9 a year ago. For the half year, total revenue was SEK 247.217 million compared to SEK 150.317 million a year ago. Operating income was SEK 12.241 million compared to SEK 7.158 million a year ago. Net income was SEK 1.872 million compared to SEK 1.081 million a year ago. Basic earnings per share from continuing operations was SEK 0.1 compared to SEK 10.6 a year ago. Diluted earnings per share from continuing operations was SEK 0.1 compared to SEK 10 a year ago.
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.