MSEK | Q4 2022 | Q4 2021 | FY 2022 | FY 2021 |
Net Revenue | 120 | 118 | 455 | 451 |
Recurring Revenue | 71 | 65 | 277 | 262 |
Gross Profit | 68 | 81 | 311 | 322 |
Gross-margin | 57% | 69% | 68% | 71% |
Adj. Gross Profit* | 81 | 81 | 324 | 322 |
Adj. Gross-margin* | 68% | 69% | 71% | 71% |
EBIT | -18 | 18 | 28 | 83 |
EBIT-margin | neg | 15% | 6% | 18% |
Adj. EBIT** | 3 | 18 | 50 | 83 |
Adj. EBIT-margin** | 3% | 15% | 11% | 18% |
In the fourth quarter, the Gross Profit includes non-recurring one-time write-downs of inventory, related to projects in the Nordic region amounting to a total of approximately
Furthermore, cost increased during the fourth quarter related to investments in marketing, sales and product development.
Consequently, the Board of Directors in
Fourth quarter and year-end report for 2022
The full report will, as previously announced, be disclosed on
Alternative key figures
*Adjusted gross profit and adjusted gross margin – shows gross profit adjusted for non-recurring items, one-time write-down, of inventory related to projects in the Nordic region.
**Adjusted operating profit, EBIT – shows operating profit adjusted for non-recurring items, one-time write-down, of inventory related to projects in the Nordic region and for non-recurring items related to one-time costs for the CEO and organizational change, and additional project related costs.
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