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Correction: Generic Sweden Interim Report Jan–Sept 2023

November 16, 2023

We have identified an error in the press release regarding the interim report for January 1–September 30, 2023.

The corrected text is provided below. Please note that the report is accurate and has not been corrected. 

Interim Report: January 1 – September 30, 2023

Third Quarter of 2023 (compared with the same period last year)

  • Net sales increased by 15% to 34.7 MSEK (30.3 MSEK)
  • Operating profit (EBIT) improved by 16% and amounted to 7.8 MSEK (6.7 MSEK)
  • Earnings per share amounted to SEK 0.51 (SEK 0.43)
  • Cash flow from operating activities amounted to 3.8 MSEK (4.7 MSEK)

January 1 through September 30, 2023 (compared with the same period last year)

  • NNet sales increased by 11% to 103.9 MSEK (93.5 MSEK)
  • Operating profit (EBIT) improved by 21% and amounted to 22.2 MSEK (18.4 MSEK)
  • Earnings per share amounted to SEK 1.44 (SEK 1.19)
  • Cash flow from operating activities amounted to 15.1 MSEK (10.0 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 9:56 a.m. on November 16, 2023.

 

Susanne Lundin

CFO
08-601 38 00
susanne.lundin@generic.se

Generic is a technology company that operates 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 that meets the highest standards for 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 128 MSEK in 2022 and has 22 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

Attachments
Interim Report: January 1 – September 30

Interim Report: January 1 – September 30
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