Jetpak Top Holding AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021
February 24, 2022 at 12:30 am EST
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Jetpak Top Holding AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was SEK 267.19 million compared to SEK 242.1 million a year ago. Revenue was SEK 275.32 million compared to SEK 251.28 million a year ago. Net income was SEK 22.83 million compared to SEK 16.63 million a year ago. Basic earnings per share from continuing operations was SEK 1.9 compared to SEK 1.39 a year ago. Diluted earnings per share from continuing operations was SEK 1.89 compared to SEK 1.38 a year ago.
For the full year, sales was SEK 1,000.51 million compared to SEK 882.64 million a year ago. Revenue was SEK 1,032.62 million compared to SEK 912.4 million a year ago. Net income was SEK 70.21 million compared to SEK 44.3 million a year ago. Basic earnings per share from continuing operations was SEK 5.85 compared to SEK 3.69 a year ago. Diluted earnings per share from continuing operations was SEK 5.8 compared to SEK 3.68 a year ago.
Jetpak Top Holding AB (publ) is a Sweden-based holding company of the Jetpak Group, a logistics and delivery provider. The Company provides time-critical express deliveries in the Nordic region, as well as several other European countries. It specializes in flight-based, door-to-door, long-distance deliveries aimed primarily at the business to business (B2B) sector. The Company's uses its information technology (IT) platform JENA to find the optimal transport route, combining air and road transport. The Company operates through two segments: Express Ad-hoc and Express Systemized. Express Ad-hoc segment comprises ad-hoc orders for flexible and time-critical courier services. Express Systemized segment comprises systematic orders for parcel shipments. The Company's point-to-point network covers more than 150 locations.
JETPAK TOP HOLDING AB 
