Lime Technologies AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 14, 2024 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, 2023. For the fourth quarter, the company reported sales was SEK 154.66 million compared to SEK 135.8 million a year ago. Revenue was SEK 155.31 million compared to SEK 136.07 million a year ago. Net income was SEK 23.97 million compared to SEK 19.09 million a year ago. Basic earnings per share from continuing operations was SEK 1.8 compared to SEK 1.44 a year ago. Diluted earnings per share from continuing operations was SEK 1.79 compared to SEK 1.43 a year ago.
For the full year, sales was SEK 577.12 million compared to SEK 490.35 million a year ago. Revenue was SEK 579.54 million compared to SEK 491.8 million a year ago. Net income was SEK 83.38 million compared to SEK 67.82 million a year ago. Basic earnings per share from continuing operations was SEK 6.28 compared to SEK 5.11 a year ago. Diluted earnings per share from continuing operations was SEK 6.21 compared to SEK 5.08 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.