Knowit AB (LTS:0GNK)
kr 133.6 0.6 (0.45%) Market Cap: 3.68 Bil Enterprise Value: 4.47 Bil PE Ratio: 23.33 PB Ratio: 0.90 GF Score: 85/100

Q2 2022 Knowit AB (publ) Earnings Call Transcript

Jul 15, 2022 / 08:00AM GMT
Release Date Price: kr281.2 (-4.39%)
Per Wallentin
Knowit AB - CEO & President

Hello. My name is Per Wallentin and I'm the CEO of the company. And with me here also I have Marie Björklund, our CFO, who will take us through the numbers later.

Next slide, please. First, I would like to take you through some of the operational highlights during the second quarter. We continue to see good demand for our services, which in turn have resulted in a solid growth and improved results for the quarter. I'm pleased that we delivered net sales of more than SEK1.6 billion corresponding to an increase of around 7% when we compare Knowit today to Knowit plus the acquired companies one year ago. We deliver an adjusted EBITDA of SEK140.5 million and a margin of 8.5%.

And the margin is impacted by increased costs for meetings and travels in the quarter. And we also see an impact from the salary revision for 2022 coming now in Q2. We are pleased to note that the recruitment trends have been positive for the second quarter. And all in all, all four business areas performed well. We see a particularly strong demand in experience and

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