LINK Mobility Group Holding ASA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022 at 04:26 am EDT
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LINK Mobility Group Holding ASA reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NOK 1,314.11 million compared to NOK 1,112.03 million a year ago. Net income was NOK 88.49 million compared to net loss of NOK 77.58 million a year ago. Basic earnings per share from continuing operations was NOK 0.3 compared to basic loss per share from continuing operations of NOK 0.27 a year ago. Diluted earnings per share from continuing operations was NOK 0.3 compared to diluted loss per share from continuing operations of NOK 0.27 a year ago.
For the nine months, sales was NOK 3,665.17 million compared to NOK 3,112.99 million a year ago. Net income was NOK 127.52 million compared to net loss of NOK 180.92 million a year ago. Basic earnings per share from continuing operations was NOK 0.43 compared to basic loss per share from continuing operations of NOK 0.62 a year ago. Diluted earnings per share from continuing operations was NOK 0.43 compared to diluted loss per share from continuing operations of NOK 0.62 a year ago.
Link Mobility Group Holding ASA, formerly Victory Partners VIII Norway Holding AS is a Norway-based Communications Platform as a Service (CPaaS) provider. The Company develops and operates software for mobile telephone services to private and public businesses. Link Mobility Group Holding ASA is the Parent Company of LINK Mobility Group AS, that is a provider of services in mobile communication and a specialist in mobile messaging services, mobile solutions, and mobile intelligence. The Group's activities are divided into five reporting segments: Northern Europe, Western Europe, Central Europe, Northern America and Global Messaging. The Group's subsidiaries include MarketingPlatform Aps, Labyrintti International Oy, LINK Mobility Holding Aps as well as Link Mobility Development Hub EOOD.