Bolagstyp:   Growth Marknadsledare Undiscovered Gems
Sektor:   Software

Update: Imint Q4'22

Publicerad 2023.03.07

Imint reported a year-on-year decrease in revenue, EBIT, and profits, and the report fell short of our estimates.

Net sales decreased by 28,2 % to 12,2 MSEK (17,0) for the quarter but increased to 64,1 MSEK (63,2) for the full year. EBIT decreased to -0,9 MSEK (3,3) for the quarter, and to 8,6 MSEK (16,1) for the full year. The profit decreased to -1,2 MSEK (5,7) for the quarter, and to 13,8 MSEK (20,1) for the full year.

EBIT and profits are down 46,6 % and 31,3 % for the year, but on a more positive note, revenue is up 1,4 % for the full year of 2022.

The reason for the weaker report is primarily a weaker global demand for smartphones, with volumes down almost 20 % compared to Q4’21 according to the CEO.

We have adjusted our estimates downward somewhat but maintain our long-term positive view of the company.

jakob fritz
Analytiker

Jakob Fritz

Jag är en börsnörd som arbetat med olika analytikerroller inom bank och finans. Utöver börsen spenderar jag tiden med min flickvän, vår hund och mina vänner. Om tiden räcker till gillar jag även att åka skateboard och resa jorden runt.