Stockwik publishes quarterly report January 1st

Stockwik publishes quarterly report January 1st - March 31st, 2024

ORGANIC GROWTH RATE AND IMPROVED CASH FLOW

The group's net sales increased by 4.1 percent during the first quarter of the year compared to the corresponding period last year. Operating profit before amortization of intangible assets (EBITA) was SEK 12.0 million compared to SEK 14.2 million. The decrease in profit is mainly due to increased personnel costs, among other things, CEO successions in several companies.

QUARTER 1 JAN - 31 MAR 2024

MSEK	jan-mar 2024	jan-mar 2023	Δ%	of which organic, in percentage points	of which acquired growth in percentage points
Net sales	200,8	192,9	4,1%	4,1%	-
EBITDA	22,6	22,6	-0,1%	-0,1%	-
EBITA	12,0	14,2	-15,7%	-15,7%	-
EBIT	9,8	10,6	-7,5%
Profit before tax	-3,7	-5,0
Profit after tax	-3,2	-3,6
EBITA-margin %	6,0%	7,4%

Operational cash flow	13,1	8,3
Earnings per share before dilution, SEK	-0,5	-0,5
Earnings per share after dilution, SEK	-0,5	-0,6

ROLLING 12 MONTHS APRIL 1^ST 2023 - MARCH 31^ST, 2024

MSEK	Apr 2023 - Mar 2024	Apr 2022 - Mars 2023	Δ%	of which organic, in percentage points	of which acquired growth in percentage points
Net sales	826,9	806,4	2,5%	2,5%	-
EBITDA	89,5	86,5	3,5%	3,5%	-
Adjusted EBITDA*	98,4	86,5
EBITA	47,6	56,2	-15,3%	-15,3%
Adjusted EBITA	56,8	56,2
EBIT	36,7	40,1	-8,4%	-8,4%	-
Profit before tax	-22,7	-6,4
Profit after tax	-36,9	-2,6
EBITA-margin %	5,8%	7,0%
Adjusted EBITA-margin %	6,9%	7,0%

Operational cash flow	40,6	17,4
Earnings per share before dilution, SEK	-5,7	-0,5
Earnings per share after dilution, SEK	-5,7	-0,5

Net debt	386,6	365,8
Net debt/EBITDA	4,3	4,2
Net debt/adjusted EBITDA*	3,9	4,2

* Adjusted EBITDA in accordance with the bond terms

This information is being disclosed by Stockwik Förvaltning AB (publ) in compliance with the Market Securities Act. The information was submitted for publication at 08:00 (CEST) on May 15^th, 2024, through the designated contact person provided below.

For further information, please contact:
Urban Lindskog, President and CEO
Stockwik Förvaltning AB (publ)
E-mail: info@stockwik.se

About Stockwik

Stockwik offers a stable platform for small businesses to develop both organically and through acquisitions. Stockwik's companies offer value-adding products and services to corporate customers. Stockwik is listed on Nasdaq Stockholm Small Cap with the short name STWK.

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