LINK Mobility Group Holding (OB:LINK) Third Quarter 2022 Results
Main financial results
- Revenue: 1.31 billion kr (up 18% compared to Q3 2021).
- Net profit: 88.5 million kr (compared to a loss of 77.6 million kr in Q3 2021).
- Profit margin: 6.7% (up from net loss in Q3 2021). The shift to profitability was driven by higher revenues.
- EPS: 0.30 kr (compared to a loss of 0.27 kr in Q3 2021).
All figures shown in the table above are for the 12 month period (TTM)
LINK Mobility Group Holding revenue and profit beat expectations
Revenue beat analysts’ estimates by 8.6%. Earnings per share (EPS) also beat analysts’ estimates.
Going forward, revenue is expected to grow by an average of 12% per year over the next 3 years, compared to a growth forecast of 11% for the software industry in Norway.
Performance of the Norwegian software industry.
Shares of the company rose 2.0% from a week ago.
It should be noted, however, that we found 2 warning signs for LINK Mobility Group Holding that you need to consider.
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