Lime Technologies AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 19, 2023 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, 2023. For the third quarter, the company reported sales was SEK 133.48 million compared to SEK 111.94 million a year ago. Revenue was SEK 133.86 million compared to SEK 112.72 million a year ago. Net income was SEK 18.13 million compared to SEK 14.69 million a year ago. Basic earnings per share from continuing operations was SEK 1.36 compared to SEK 1.11 a year ago. Diluted earnings per share from continuing operations was SEK 1.36 compared to SEK 1.1 a year ago.
For the nine months, sales was SEK 422.45 million compared to SEK 354.55 million a year ago. Revenue was SEK 424.23 million compared to SEK 355.72 million a year ago. Net income was SEK 59.41 million compared to SEK 48.73 million a year ago. Basic earnings per share from continuing operations was SEK 4.47 compared to SEK 3.67 a year ago. Diluted earnings per share from continuing operations was SEK 4.45 compared to SEK 3.65 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.