trending Market Intelligence /marketintelligence/en/news-insights/trending/VVICupGtHJaQWwfu-bVf8g2 content esgSubNav
In This List

Klick Data swings to loss in fiscal H1

Case Study

A Green Lender Adopts a Robust Approach for Assessing Project Finance Credit Risks


MediaTalk | Season 2
Ep.1: Broadcast's Big Year


Global M&A by the Numbers Q4 2023


Banking Essentials Newsletter 21st February Edition

Klick Data swings to loss in fiscal H1

Klick Data AB said its normalized net income for the fiscal first half ended Oct. 31 came to a loss of 1 Swedish öre per share, compared with 44 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 25,680 kronor, compared with income of 1.1 million kronor in the year-earlier period.

Total revenue decreased 34.1% year over year to 3.4 million kronor from 5.2 million kronor, and total operating expenses increased from the prior-year period to 3.3 million kronor from 3.2 million kronor.

Reported net income came to a loss of 41,080 kronor, or a loss of 2 öre per share, compared to income of 1.7 million kronor, or 70 öre per share, in the prior-year period.

As of Dec. 4, US$1 was equivalent to 8.49 Swedish kronor.