Waterford, Ireland – March 21, 2024, Kollect On Demand Holding AB (publ) (“Kollect” or the “Company”) (Nasdaq: KOLL), is pleased to publish its Interim Report for July - December 2023.

Highlights for the Quarter

  • Revenue for Q3 2023 was SEK 24.5 million (an increase of 32% year on year) and revenue for Q4 2023 was SEK 20.6 million (an increase of 28% year on year). For the period July – December 2023, revenue was SEK 45.0 million, an increase of 30% year on year.
  • Recurring revenue for Q3 2024 was SEK 15.2 million (an increase of 65% year on year) and recurring revenue for Q4 2023 was SEK 12.6 million (an increase of 26% year on year). For the period January – June 2023, recurring revenue was SEK 27.8 million, an increase of 45% year on year.
  • For the period July – December 2023, gross profit was SEK 14.5 million, an increase of 47% year on year.
  • Gross margin for July - December 2023 was 32% compared to 28% for the same period in 2023.
  • Adjusted EBITDA for Q3 2023 was -SEK 0.66 million (an improvement of 78% year on year) and adjusted EBITDA for Q4 2023 was -SEK 0.6 million (an improvement of 73% year on year). For the period July - December 2023, total adjusted EBITDA was -SEK 1.278 million, an improvement of 76% year on year when adjusted EBITDA was -SEK 5.2million.
  • The Adjusted EBITDA margin for July - December 2023 was -3%, compared to -15% In the same period, 12 months earlier.

Please click on the link below for a copy of the full report.

This information is information that Kollect on Demand is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-03-21 08:00 CET.

Attachments

Koll_H2 2023_ENG

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