The Interim report for Q2 2022 for Induct AS has been approved by the Board of
Directors.
• Total revenues increased by 96% from Q2 2021 to Q2 2022, from NOK 2,7 million
to NOK 5,3 million.
• A stable and high gross margin on platform revenues at 95,4 % in Q2 2022.
• Platform revenues increased by 139% from Q2 2021 to Q2 2022, from NOK 2,0
million to NOK 4,8 million.
• Positive EBITDA of NOK 3,0 million in Q2 2022, an increase from NOK 0,9
million in Q2 2021.
• Ad revenues generated from 66 countries in Q2 2022.
• Grantway became a global search portal for funding opportunities on June 29th
2022.
For further information, please contact: Alf Martin Johansen, Chief Executive
Officer +47 90 17 94 35, amj@induct.net
About Induct
Induct AS was established in 2007 and was the first mover in the development of
software as a service (SaaS) for managing innovation efforts in, and between,
organizations. Our software has enabled more than 350 organizations worldwide to
release the potential that lies in identifying new and good ideas through
innovation engagement and realizing the benefits of turning good ideas into new
ways of thinking, acting, organizing, and working.
In 2020, Induct took a new step on its journey as a knowledge empowerment
provider. We launched a new digital platform - induct.net - where work and
collaboration are taken to a new level for organizations and individuals alike.
By removing unnecessary and unhelpful barriers to collaboration, the platform is
a unique facilitator of knowledge development and management, sharing and
empowerment within organizations, in collaborative networks, and in ecosystems.
Induct has offerings in three main segments: 1) Knowledge management, 2)
Knowledge mining and 3) Collaborative tools.
Want to learn more? Visit us on induct.net
More information:
Access the news on Oslo Bors NewsWeb site
568797_Induct - Interim Report Q2 2022.pdf
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Induct AS
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Oslo Børs Newspoint
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Induct AS published this content on 17 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2022 06:33:04 UTC.
Induct AS is a software company based in Norway. The Company offers a digital platform for work, video meetings and collaboration, for individuals HOME and organizations WORK. This platform give to its customers an access to task management, file manager and unlimited document storage, news feeds and chat areas. The platform makes it easy to manage and collaborate on projects, discuss topics and organize events in groups, manage and collaborate on contracts, and support organizational growth and development through dedicated governance rooms. The Companyâs platform is free to use for individuals and organizations. There is no charge per user and no hidden costs. The Company has offices in Oslo, Surrey and Barcelona.
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