Sweden – NetJobs income up 34.3%, reviews sturdy natural gross sales development

17 Could 2022

Jobs web site operator NetJobs Group AB (NJOB:STO) reported first-quarter income rose 34.3% yr over yr whereas revenue on the Stockholm, Sweden-based firm surged.

(SEK 1000’s) Q1 2022 Q1 2021 % change Q1 2022 (1000’s euros)
Web gross sales                                     5,750.0                                     4,280.0 34.3%                                                  556.1
Working revenue                                        341.0                                           98.0 248.0%                                                    33.0
Revenue                                        299.0                                           13.0 2200.0%                                                    28.9

“Gross sales through the first quarter elevated by 34% to SEK 5.8 million [from SEK 4.3 million in the year-ago quarter] with a optimistic working revenue of SEK 0.3 [compared with SEK 0.1 million a year ago],” CEO Niklas Eriksson mentioned. “It’s gratifying to have the ability to present sturdy natural gross sales development and an enchancment in earnings in contrast with the identical interval the yr earlier than. We proceed to indicate sequential internet gross sales development for the sixth quarter in a row.”

Share worth and market cap

Shares in NetJobs closed down 5.54% on Tuesday to SEK 0.762 (€0.0726), and shares set a brand new 52-week low on Tuesday once they reached SEK 0.713 (€0.0679), in keeping with FT.com. The corporate had a market cap of SEK 25.6 million (€2.4 million).

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