Lime Technologies AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 20, 2022 at 01:50 am EDT
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Lime Technologies AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 111.94 million compared to SEK 92.84 million a year ago. Revenue was SEK 112.72 million compared to SEK 92.82 million a year ago. Net income was SEK 14.69 million compared to SEK 12.38 million a year ago. Basic earnings per share from continuing operations was SEK 1.11 compared to SEK 0.93 a year ago. Diluted earnings per share from continuing operations was SEK 1.1 compared to SEK 0.93 a year ago.
For the nine months, sales was SEK 354.55 million compared to SEK 290.17 million a year ago. Revenue was SEK 355.72 million compared to SEK 290.31 million a year ago. Net income was SEK 48.73 million compared to SEK 43.52 million a year ago. Basic earnings per share from continuing operations was SEK 3.67 compared to SEK 3.28 a year ago. Diluted earnings per share from continuing operations was SEK 3.65 compared to SEK 3.28 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.