“During the third quarter of the year, we have worked goal-oriented on divesting portfolio companies, reducing indebtedness, and streamlining the business with a focus on AI. During the third quarter of the year, our efforts resulted in a turnaround...
Arli Mujkic, CEO, comment:
“We summarize the third quarter with increased margins and continued organic growth within the Group. The operating margin, adjusted for depreciation and write-downs, has increased from approximately -19 percent to +8 percent during the year’s first nine months. We can state that our focused efforts on profitability and strengthening cash flows have begun to yield results. We continue on the path we have taken by continuously evaluating acquisitions of cash flow-positive companies and allocating resources to the existing operations in order to further increase the Group’s organic growth.”
Third quarter of 2022 (compared with the third quarter of 2021)
- The Group’s income increased by 51% to 57 226 TSEK (37 793)
- EBITDA amounted to 4 780 TSEK (12 409)
- Earning per share -0.10 SEK (12.93)
- NAV increased by 2.4% to 715 587 TSEK
- NAV/share 6.70 SEK
For further information, please contact:
Arli Mujkic, CEO, EPTI AB
E-mail: [email protected]
Phone: +49 176 626 999 64
Adam Bäckström, CFO, EPTI AB
E-mail: [email protected]
Phone: +46 73 026 68 26
EPTI invests capital and operational support for companies, entrepreneurs and founders to build market-leading innovative companies under the motto “We Empower Innovation”. As a tech company builder, this is done by adding state-of-the-art technology, sales and marketing, design, HR, admin and recruitment in addition to capital. EPTI also starts companies and joint ventures with driven co-founders and companies. The companies in EPTI’s portfolio are in the segments Gaming, Fintech, Marketplace, SaaS and Services. Since the start in 2017, a portfolio of more than 20 companies has been built up. The core business includes approximately 200 employees in eight countries around Europe. EPTI is more than an investment company, it is partly an investment company and partly a service company. A venture builder for founders, by founders.
For more information, see EPTI’s website www.epti.com
The Company’s Certified Adviser is Eminova Fondkommission AB | +46 (0)8-684 211 00 | [email protected]
This information is information that EPTI AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2022-11-15 08:15 CEST.