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Correction: Generic Sweden Interim Report April–June 2021

August 31, 2021

Correction: Generic Sweden's Interim Report for the Second Quarter of 2021 

In the interim report submitted by Generic Sweden AB on August 26, 2021, there is an error in the line for “Change in current liabilities” in the cash flow statement (page 9 of the interim report). The correct figures are: “Change in current liabilities” April–June 2021: -428, “Cash flow for the period” April–June: -7,112, and “Cash and cash equivalents at the beginning of the period” April–June: 26,669. The figures for the January–June period remain unchanged. Thus, “Cash flow for the period” is unaffected for the January–June period.   

The error is considered immaterial and does not affect the other financial tables or any key financial ratios in the report. 

A corrected version of the interim report is also available at www.generic.se 

 

Interim Report: April 1 – June 30, 2021

Highlights for the Second Quarter of 2021 (compared with the same period last year)

  • Net sales increased by 46% to 29.6 MSEK (20.2 MSEK)
  • Operating profit (EBIT) improved by 72% and amounted to 6.0 MSEK (3.5 MSEK)
  • Earnings per share amounted to SEK 0.39 (SEK 0.22)
  • Cash flow from operating activities amounted to 6.3 MSEK (2.1 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 August 26, 2021.

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 81 TSEK in 2020 and has 18 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
Correction to Interim Report April 1 – June 30, 2021

Correction to the Interim Report for April 1–June 30, 2021
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