Exsitec Holding AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 18, 2023
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Exsitec Holding AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 153.41 million compared to SEK 139.6 million a year ago. Revenue was SEK 154.03 million compared to SEK 162.67 million a year ago. Net income was SEK 1.69 million compared to SEK 11.41 million a year ago. Basic earnings per share from continuing operations was SEK 0.13 compared to SEK 0.89 a year ago. Diluted earnings per share from continuing operations was SEK 0.13 compared to SEK 0.85 a year ago.
For the nine months, sales was SEK 540.21 million compared to SEK 468.27 million a year ago. Revenue was SEK 544.83 million compared to SEK 492.97 million a year ago. Net income was SEK 42.62 million compared to SEK 44.06 million a year ago. Basic earnings per share from continuing operations was SEK 3.31 compared to SEK 3.43 a year ago. Diluted earnings per share from continuing operations was SEK 3.18 compared to SEK 3.3 a year ago.
Exsitec Holding AB is a Sweden-based Information technology (IT) service management company. Exsitec are engaged in operational systems and digitization that contributes to the client companies development. The Company helps its customers get the digital support for their business to achieve a more efficient working day, superior customer experiences and smarter data analyses. The Company operations in Sweden are divided into three business areas. Within the Insight business area, the Company offers its customers the tools to conduct analyses and data processing by means of modern IT system for business intelligence, budgetary management, and planning.Within the ERP business area, customers are offered financial and logistical tools to reduce administration. In the Experience business area, the Company offers its customers tools to improve their customer experience as well as modern digital platforms relating to e-commerce, CRM, and integrations.
EXSITEC HOLDING AB 
