Generic Sweden Interim Report Jan–Sept 2024
November 14, 2024
Interim Report: January 1 – September 30, 2024
Third Quarter of 2024 (compared with the same period last year)
- Net sales increased by 24% to 43.06 MSEK (34.72 MSEK)
- EBITDA increased by 13% to 9.09 MSEK (8.01 MSEK)
- Earnings per share amounted to SEK 0.58 (SEK 0.51)
- Cash flow from operating activities amounted to 11.16 MSEK (3.83 MSEK)
January 1 through September 30, 2024 (compared with the same period last year)
- Net sales increased by 24% to 128.64 MSEK (103.95 MSEK)
- EBITDA increased by 2% to 23.20 MSEK (22.71 MSEK)
- Earnings per share amounted to SEK 1.47 (SEK 1.44)
- Cash flow from operating activities amounted to 18.92 MSEK (15.15 MSEK)
Note
Generic Sweden AB (publ) is required to disclose this information in accordance with the EU Market Abuse Regulation.
The information was submitted for publication by Susanne Lundin at 7:00 a.m. on November 14, 2024.
About Generic
Generic is a technology company operating in the field of messaging services across all sectors. Generic offers a platform for digital communication services that can be integrated into customers’ internal or external communication flows. The services are provided through a CPaaS (Communication Platform as a Service) model with the highest standards of security and reliability. Generic’s customers span all sectors, with a particular focus on alarm and security, healthcare and e-health, as well as e-commerce and logistics. The company was founded in 1993 and is headquartered in Stockholm. Generic reported revenue of approximately 143 MSEK in 2023 and has 23 employees. The stock is traded on the NASDAQ First North Growth Market under the ticker symbol GENI. Mangold Fondkommission AB is the company’s Certified Adviser. 08/503 015 50. ca@mangold.se. Reference is made to www.generic.se/finansiellarapporter. Additional information about the company is available at www.generic.se