Lime Technologies AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
February 16, 2023 at 01:50 am EST
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Lime Technologies AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was SEK 135.8 million compared to SEK 113.68 million a year ago. Revenue was SEK 136.07 million compared to SEK 113.79 million a year ago. Net income was SEK 19.09 million compared to SEK 15.17 million a year ago. Basic earnings per share from continuing operations was SEK 1.44 compared to SEK 1.14 a year ago. Diluted earnings per share from continuing operations was SEK 1.43 compared to SEK 1.14 a year ago.
For the full year, sales was SEK 490.35 million compared to SEK 403.85 million a year ago. Revenue was SEK 491.8 million compared to SEK 404.1 million a year ago. Net income was SEK 67.82 million compared to SEK 58.69 million a year ago. Basic earnings per share from continuing operations was SEK 5.11 compared to SEK 4.42 a year ago. Diluted earnings per share from continuing operations was SEK 5.08 compared to SEK 4.42 a year ago.
Lime Technologies AB (publ) is a Sweden-based information technology (IT) company and software developer. The Company develops, sells and implements customer relationship management (CRM) systems. The Company offers Software as a Service (SaaS) subscriptions and provides consultancy in the implementation and customization of its software products. The Company's products include Lime Go, a cloud-based sales management system that contains a database with contact details of all Swedish, Danish and Norwegian businesses, and Lime CRM, an integrated system with industry-specific solutions. The Company conducts its activities on the Nordic market and maintains offices in Sweden, Norway, Denmark and Finland.