Interim report for the period January 1 - June 30, 2022
April - June
- Net sales amounted to SEK 68.9 (69.2) million, a decrease of -0.4%
compared to the same period last year. - EBITDA earnings amounted to SEK 15.4 (11.0) million.
- EBITDA margin amounted to 22.3% (16.0%).
- Profit after tax amounted to SEK -1.8 (-4.8) million.
- Earnings per share amounted to SEK -0.17 (-0.51).
- Total cash flow amounted to SEK -11.9 (31.3) million.
January - June
- Net sales amounted to SEK 131.9 (130.7) million, an increase of 1.0%
compared to the same period last year. - EBITDA earnings amounted to SEK 24.7 (25.0) million.
- EBITDA margin amounted to 18.7% (19.1%).
- Profit after tax amounted to SEK -9.7 (-1.2) million.
- Earnings per share amounted to SEK -0.95 (-0.13).
- Total cash flow amounted to SEK -7.5 (32.2) million.
Quarterly comments
Chairmans comments
During the second quarter of the year, both the former chairman Leif Frykman and former CEO Mats
Victorin resigned from their posts. Such management changes sometimes have a negative impact on
the business, but I believe that SDS has continued to be strong despite the uncertainty that such
changes can bring. We have a competent organization that works very closely with our customers and
over 95% of our resources are located outside Sweden.
The work of recruiting a new CEO is in full swing, but these processes take time. Therefore, it is very
comforting and gratifying that SDSs longtime CFO, Martin Schedin, has agreed to temporarily step into
the role of CEO. I and the entire board are working closely together with Martin and the companys
management to accelerate our product and growth strategy with continued improved profitability and
cash flow as an objective.
Martin Roos
Chairman of the board, Seamless Distribution Systems AB
CEOs comments
Interest in our services and our systems has remained strong during the second quarter of the year.
Uncertainty in the market situation has delayed certain investment decisions from our customers
however, we have not noted a slowdown in transactions or business activities. We are therefore
optimistic and believe that investment decisions are only delayed, and we expect the situation to return
to normal during the second half of the year.
Sales during the quarter amounted to SEK 68.9 (69.2) million. Our EBITDA was SEK 15.4 (11.0) million.
The result is lower than our ambitions and a direct consequence of the troubled world situation that led
to some delays at our customers.
At the same time, I would like to emphasize that business activity has been high and that we have
closed several deals during quarter, with both existing and new customers. The quarter ended strongly
with an order worth 8.0 MSEK from an existing customer in Dubai, but we have also done major
business with customers in Nigeria, Zambia, and Djibouti to name a few.
We continue to enter new markets and our expanded product portfolio has continued to attract
a great interest. The technology shift from Service Oriented Architecture (SOA) to Microservices has
made us to a more relevant partner for more operators. We are now entering the future with more
products than before and thus expecting increased opportunities to enter new markets and expand our
relationship with one of our existing customers. We are convinced that our new offer Retail Value
Management (RVM), effectively manages the mobile operators entire distribution value chain and will
generate more business with both existing and new customers.
At the same time, work continues the integration of Riaktr. The product portfolio that came from the
acquisition of Riaktr is now a natural and strategically important part of RVM, but at the same time
continues to create its own business opportunities. An example of this is the deal that Riaktr made with
a new customer in Senegal in mid-May. The deal is made with one of Senegals leading operators and
includes the Smart S&D product, which allows the mobile operator to manage their sales distribution
channels efficiently with using advanced analytics and AI via a very simple and user-friendly interface.
In conclusion, I would like to thank all the employees who continued to deliver despite the challenging
markets and the recent management changes. I believe our philosophy of strong customer focus and a
hard-working culture will continue to make us a very strong organization. I thus have great confidence
in the future, both in the short and long term.
I wish you all a wonderful summer!
Martin Schedin
Acting CEO, Seamless Distribution Systems AB
For more information contact:
Martin Schedin
Chief Financial Officer
+46 70 438 14 42
[email protected]
This information is the information that Seamless Distribution Systems AB (publ) is required to disclose
under the EU Market Abuse Regulation. The information was submitted for publication through the
agency of the above contact person on July 21st, 2022, at. 08.30 CEST.
About Seamless Distribution Systems AB (SDS)
SDS is a Swedish international software company that specializes in mobile payment services for mobile
operators, distributors, retailers, and consumers. SDS ensures that Telecom operators can sell their telephone
subscriptions, where SDS products and services handle up to 90% of the Telecom operators' sales. Today,
SDS have implemented solutions in fintech, advanced analysis and retail value management, and where these
solutions have succeeded, they are transformed into so-called SaaS solutions.
Following the acquisition of Riaktr, SDS has approximately 320 employees in Sweden, France, Belgium,
Romania, South Africa, Ghana, Nigeria, Ivory Coast, United Arab Emirates, Pakistan, India, and Indonesia.
Following the acquisition of Riaktr, SDS will annually handle more than 15 billion transactions worth over
USD 14 billion. Via over 3 million monthly active resellers of digital products, more than 700 million
consumers are served globally.
SDS shares are listed on Nasdaq First North Premier.
The companys Certified Adviser is FNCA Sweden AB, phone number 08-528 00 399, email: [email protected]
Nerladdningsbara filer
Delårsrapport för perioden 1 januari - 30 september 2022
Interim report for the period January 1 - September 30, 2022
SDS utser Olivier Moisse till produktchef
SDS appoints Olivier Moisse as product manager
SDS Gruppen får en order för sin Smart Sales & Distribution-produkt från en operatör i Sudan
Seamless Distribution Systems AB (SDS) har - genom sitt dotterbolag Riaktr - fått en order värd 3,4 miljoner kronor för sin Smart S&D-produkt från en befintlig kund i Sudan. Utöver den initiala ordern löper det en årlig licens med återkommande intäkter värda 2,1 miljoner kronor.
SDS Group receives an order for its Smart Sales & Distribution product from an operator in Sudan
Seamless Distribution Systems AB (SDS) has - through its subsidiary Riaktr - received an order worth SEK 3.4 million for its Smart S&D product from an existing customer in Sudan. In addition to the initial order there is a yearly license with annual recurring revenue worth SEK 2.1 million
SDS får en genombrottsorder från Sudatel Group värd 25 miljoner kronor
Seamless Distribution Systems (SDS) säkrar en storaffär och positionerar SDS som den strategiska teknikleverantören för sälj och distribution till Sudatel group, som har verksamhet i Senegal, Mauretanien och Sudan. Beställningen gäller hela SDS:s Retail Value Management (RVM)-svit inklusive avancerad analys. Detta är den största affären i SDS historia.
SDS wins breakthrough order from Sudatel Group worth SEK 25 million
Seamless Distribution Systems (SDS) secures a major deal to become the strategic technology provider of Sudatel Group, who has operations in Senegal, Mauritania and Sudan. The order is for the entire SDS' Retail Value Management (RVM) suite including advanced analytics. This is the biggest deal in SDS history.
SDS Group får en genombrottsorder värd 10 miljoner kronor från Strategy&, en del av PwC-nätverket, som implementerar lösningen åt en ledande operatör i Saudiarabien.
Seamless Distribution Systems AB (SDS) har fått en genombrottsorder värd 10 miljoner kronor från en ny partner, Strategy&, en del av PwC-nätverket, för 5G-utbyggnaden inom en ny telekomoperatörsgrupp i Saudiarabien. Affären omfattar big data-analysprodukten Smart Capex från SDS-dotterbolag Riaktr, och gör det möjligt för operatörer att optimera sin capex-allokering baserat på avkastningsberäkningar (ROI) som utnyttjar flera interna och externa datakällor förbättrade av avancerad analys och maskininlärning.
SDS Group receives a breakthrough order worth SEK 10 million from Strategy&, part of the PwC network, servicing a leading operator in Saudi Arabia.
Seamless Distribution Systems AB (SDS) has received a breakthrough order worth SEK 10 million from a new partner, Strategy&, part of the PwC network, for the 5G deployment within a new telecom operator group in Saudi Arabia. The deal covers the big data analytics product Smart Capex from the SDS subsidiary Riaktr, that allows operators to optimize their capex allocation based on return-on-investment calculations (ROI) leveraging multiple internal and external data sources enhanced by advanced analytics and machine learning.
SDS lanserar uppdaterad produktportfölj och hemsida
Seamless Distribution Systems (SDS) har lanserat ett uppdaterat produktutbud och en förnyad webbplats.
SDS launches updated portfolio and web-site
Seamless Distribution Systems (SDS) has launched an updated product offering and a renewed web-site.
Delårsrapport för perioden 1 januari - 30 juni 2022
Interim report for the period January 1 - June 30, 2022
SDS vinner order värd 8,0 miljoner SEK från en befintlig kund i Dubai
Seamless Distribution Systems (SDS) har fått en strategisk order värd 8,0 miljoner SEK från en befintlig kund i Dubai för SDS:s Voucherhanteringssystem (VMS).
SDS receives an order worth SEK 8.0 million from an existing customer in Dubai
Seamless Distribution Systems (SDS) has received a strategic order worth SEK 8.0 million from an existing customer in Dubai for SDSs Voucher Management System (VMS).
SDS Gruppen får en uppgraderingsorder för sin Smart Sales & Distribution-produkt från en operatör i Nigeria
Seamless Distribution Systems AB (SDS) har - genom sitt dotterbolag Riaktr - fått en order värd 3,7 miljoner kronor för ytterligare avancerade funktioner på sin Smart S&D-produkt från en befintlig kund i Nigeria.
SDS Group receives an upgrade order for the Smart Sales & Distribution product from an operator in Nigeria
Seamless Distribution Systems AB (SDS), has through its subsidiary Riaktr, received an order worth SEK 3.7 million for additional advanced features on its Smart S&D product from an existing customer in Nigeria.
SDS Gruppen får en uppgraderingsorder för sin Smart Sales & Distribution-produkt från en operatör i Zambia
Seamless Distribution Systems AB (SDS) har - genom sitt dotterbolag Riaktr - fått en order värd 1,4 miljoner kronor för uppgradering av sin Smart S&D-produkt från en befintlig kund i Zambia. Utöver uppgraderingsintäkten löper det en årlig licens med återkommande intäkter värda 1,1 miljoner kronor.
SDS Group receives an upgrade order for its Smart Sales & Distribution product from an operator in Zambia
Seamless Distribution Systems AB (SDS) has - through its subsidiary Riaktr - received an order worth SEK 1.4 million for the upgrade of its Smart S&D product from an existing customer in Zambia. In addition to the upgrade there is a yearly license with annual recurring revenue worth SEK 1.1 million
Seamless Distribution Systems AB
Webbplats:
www.seamless.se
Bransch: Teknik
Kortnamn: SDS
Marknadsplats: Nasdaq First North Premier Growth Market
Senaste rapporten:
SDS delårsrapport Q3 2022
SDS Interim Report Q3 2022
Nästa evenemang:
2023-02-16 Bokslutskommuniké 2022
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