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Stockholm, Sweden, November 19, 2021
FIRST NINE MONTHS 2021
Annual Recurring Revenue (“ARR”), including long-term service contracts, at the end of the period was MSEK 34.2, up 42% from MSEK 24.0 at the end of Q3 2020.
Revenues for the first nine months were MSEK 24.6 (22.2)
Gross margin was 75 percent (70)
Operating result amounted to MSEK -33.9 (-21.9)
Profit after tax amounted to MSEK -34.2 (-24.1)
Earnings per share amounted to SEK -0.38 (-0.48)
The complete version of the Interim Report for January - September 2021 is attached in this press release and is available on Hoylu's web site (www.hoylu.com/investor-relations/financial-reports/).
For more information, please contact:
Stein Revelsby, CEO at Hoylu +1 213 440 2499 Email: email@example.com
Karl Wiersholm, CFO at Hoylu +1 425 829 2316 Email: firstname.lastname@example.org
Hoylu’s visual collaboration technology empowers distributed teams to translate ideas into actions. Large enterprises as well as small and medium companies rely on Hoylu to run projects, programs, and initiatives across time zones and continents as seamlessly as when working in the same room.
For more information: www.hoylu.com
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Ticker symbol: Hoylu
Marketplace: Nasdaq First North Growth Market
Certified Adviser: Mangold Fondkommission AB +46 (0) 8 50 301 550, email@example.com
This information is information that Hoylu AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:30 CEST on November 19, 2021.