Sales uptake from Q4 and new business partners
First Quarter 2019
- Net sales totalled MSEK 13.1 (21.2), a decrease of MSEK 8.1 / -38 %
- EBITDA was MSEK -3.5 (2.5), a decrease of MSEK 6.0
- Operating profit was MSEK -4.9 (1.2), a decrease of MSEK 6.1
- Profit after tax was MSEK -3.8 (0.9), a decrease of MSEK 4.7
- Net earnings per share amounted to SEK -0.17 (0.04)
| Jan-Mar | Jan-Mar | Jan-Dec | |
| 2019 | 2018 | 2018 | |
| Net sales, kSEK | 13 139 | 21 216 | 67 716 |
| EBITDA, kSEK | -3 486 | 2 537 | -9 643 |
| Operating profit/loss, kSEK | -4 895 | 1 208 | -15 426 |
| Profit/loss after tax, kSEK | -3 807 | 941 | -13 557 |
| Net earnings per share, kSEK | -0,17 | 0,04 | -0,60 |
Significant events during the quarter
- Wirecard and Westpay start partnership to expand digital payments across the Nordics, further Europe and South Africa
- Order from Wirecard, value MSEK 2,5
- HRS, the largest Oracle partner in the hospitality sector worldwide, signs a long-term agreement with Westpay
- Order from MAX Burgers, value MSEK 2
Significant events after the end of the quarter
- New Partner agreement and first orders from Rusta
- Micros South Africa signs agreement with Westpay
- Payment solution from Westpay chosen by Operakällaren Arena Team
For additional information, please contact:
Sten Karlsson, CEO Westpay AB
Mobile: +46 70-555 6065
E-mail: sten.karlsson@westpay.se
Westpay’s Certified Adviser is Erik Penser Bank, phone: +46 8-463 80 00, email: certifiedadviser@penser.se
This press release contains such information that Westpay AB is required to publish in accordance with the EU Market Abuse Regulation. The information was published for public disclosure on 2 May 2019 at 08:40 CET through the agency of the contact person set out above.
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