trending Market Intelligence /marketintelligence/en/news-insights/trending/fBplssqfQ99LqKxvNq7xmQ2 content esgSubNav
In This List

Image Systems Q1 loss widens YOY


Global smart TV forecast return to growth in 2022, sustained through 2026

Case Study

Broad Environmental Data Guides an Insurer’s Journey to Net Zero


Broadcast deal market recap, Q2'22


Japan M&A By the Numbers: Q1 2022

Image Systems Q1 loss widens YOY

Image Systems AB said its normalized net income for the first quarter amounted to a loss of 10 Swedish öre per share, compared with a loss of 19 öre per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 3.8 million kronor, compared with a loss of 1.7 million kronor in the prior-year period.

The normalized profit margin declined to negative 18.8% from negative 6.8% in the year-earlier period.

Total revenue fell 19.0% on an annual basis to 20.0 million kronor from 24.7 million kronor, and total operating expenses totaled 25.8 million kronor, compared with 26.0 million kronor in the year-earlier period.

Reported net income totaled a loss of 6.1 million kronor, or a loss of 16 öre per share, compared to a loss of 2.6 million kronor, or a loss of 31 öre per share, in the prior-year period.

As of May 12, US$1 was equivalent to 8.18 Swedish kronor.