2021

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Release of Clavister Q3 2021 Interim Report – full report

On Thursday, November 11, 2021 at 08:00 CET Clavister’s Q3 Interim Report 2021 was released. The report and disclosed related materials is available below on this page right after disclosure. Reports from previous quarters of 2021 can also be found below on this page as well as disclosed related material for 2021. Reports from previous years and can be found be at Financial Reports.

At the same day Clavister held a live Q3 Presentation, where our CEO, John Vestberg and our CFO, David Nordström presented the financial numbers and conclusions for the third quarter. The session included an Q&A where the audience was given the opportunity ask their quesions. See the presentation in the section below.

FINANCIAL SUMMARY OF THE THIRD QUARTER 

• Order Intake amounted to 26.5 (35.1) MSEK.
• Net Sales amounted to 33.1 (39.4) MSEK. FX adjusted Net Sales amounted to 33.5 (40.2), a decrease of 6.7 MSEK.
• Gross Profit amounted to 29.6 (37.7) MSEK, corresponding to a gross margin of 86.7 (90.6) %.
• EBITDA amounted to 2.6 (9.1) MSEK.
• EBIT amounted to -6.5 (1.3) MSEK.
• Net Profit amounted to -16.6 (-10.0) MSEK and earnings per share to -0.30 (-0.39) SEK.
• Operating Cash Flow amounted to -23.6 (-14.3) MSEK.

““We continue to grow our recurring revenues, up by 24% year-on-year in the third quarter. This is in line with our strategic direction of shifting to a pre-dominantly recurring revenue business model. Strong gross margin of 87% combined with controlled OPEX provided for positive EBITDA in the quarter. ”

John Vestberg, President and CEO

PRESS RELASES

Clavister Q3 2021: Recurring revenues up 24%, positive EBITDA

“We continue to grow our recurring revenues, up by 24% year-on-year in the third quarter. This is in line with our strategic direction of shifting to a pre-dominantly recurring revenue business model. Strong gross margin of 87% combined with controlled OPEX provided for positive EBITDA in the quarter. ”

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Clavister Q3 2021: Återkommande intäkter upp 24%, positivt EBITDA-resultat

”Vi fortsätter att växa våra återkommande intäkter, vilka ökade med 24% i det tredje kvartalet jämfört med samma period föregående år. Detta är i linje med vår strategiska ansats att skapa en affärsmodell baserad på återkommande intäkter. En stark bruttomarginal på 87% i kombination med kostnadskontroll bidrog till ett positivt EBITDA-resultat i kvartalet.”

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PRESENTATIONS & REPORTS

Clavister publishes its financial results five times a year through four quarterly interim reports and an annual report. The interim report for the fourth quarter is accompanied by a company announcement summing up the financial results for both fourth quarter and full year. You can see the dates for upcoming reports in the financial calendar.