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Correction: Generic Sweden Interim Report January–June 2023

August 25, 2023

Correction: Interim Report, January 1–June 30, 2023

An error has crept into the interim report that Generic Sweden AB submitted on August 24, 2023; the error appears in the report’s key figures and also on the second page of the report. Under the line item “Earnings per Share,” the figure for the quarter is corrected to 0.45 (0.35) and for the period January 1 through June 30 to 0.93 (0.75).

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

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

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

  • Net sales increased by 10% to 34.59 MSEK (31.33 MSEK)
  • Operating profit (EBIT) improved by 28% and amounted to 6.91 MSEK (5.40 MSEK)
  • Earnings per share amounted to SEK 0.45 (SEK 0.35)
  • Cash flow from operating activities amounted to 6.25 MSEK (3.39 MSEK)

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

  • Net sales increased by 9% to 69.23 MSEK (63.24 MSEK)
  • Operating profit (EBIT) improved by 23% and amounted to 14.30 MSEK (11.66 MSEK)
  • Earnings per share amounted to SEK 0.93 (SEK 0.75)
  • Cash flow from operating activities amounted to 10.65 MSEK (6.60 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 24, 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 – June 30, 2023 (Corrected)

Interim Report January 1 – June 30, 2023: Correction
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