Boozt AB (OTCPK:BOZTY)
$ 11.415 -0.586 (-4.88%) Market Cap: 746.08 Mil Enterprise Value: 776.10 Mil PE Ratio: 33.17 PB Ratio: 2.84 GF Score: 92/100

Q1 2021 Boozt AB Earnings Call Transcript

May 07, 2021 / 07:30AM GMT
Release Date Price: $23.7 (-0.21%)
Operator

Ladies and gentlemen, welcome to the Boozt Q1 Report 2021. (Operator Instructions) Today, I am pleased to present CEO, Hermann Haraldsson; and CFO, Sandra Gadd. Please begin your meeting.

Hermann Haraldsson;publ;Co;Founder;Group CEO
Boozt AB

()--&

Thank you, and good morning, all, and welcome to our Q1 2021 presentation. If we go to the first slide, the key highlights. I guess it's not so much new since we came out 3 weeks ago, but again highlight, we had a very strong growth throughout the quarter, both from new and existing customers. The net revenue growth was 48.5%. But in local currency, it was 54%. And, as you said, I'm slightly disappointed that we didn't pass the 50% mark, but then we have something new to strive for.

And the adjusted EBIT margin was 6%, which was very good. And the EBIT margin was strong because we saw very high leverage on the top line growth where all our, kind of, cost control came in line, and we managed to -- basically to manage the high amount of volume

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot