Key figures

Key figures

Unaudited EUR thousand, unless otherwise indicated
1.1. - 30.6. 1.1. - 31.12.
2022 2021 2021 20201) 2019 2018
Net sales 10 320 7 857 17 227 13 5884) 10 6394) 9 4844)
Growth of net sales, % 31,3 % 18,8 % 26,8 % 27,7 % 12,2 % 19,8 %
SaaS 7 918 5 681 12 996 10 316 7 559 6 268
Transactions 576 512 1 084 956 848 586
Consulting and other 1 827 1 664 3 148 2 316 2 232 2 631
Gross margin 9 079 7 006 15 335 11 941 9 300 8 565
Gross margin, % 88,0% 89,2% 89,0% 87,9% 87,4% 90,3%
EBITDA 2 695 2 634 4 231 4 794 3 504 2 782
EBITDA, % 26,1 % 33,5 % 24,6 % 35,3 % 32,9 % 29,3 %
Adjusted EBITDA2) 2 715 2 659 5 635 4 683 3 511 2 782
Adjusted EBITDA, % of net sales 26,3 % 33,8 % 32,7 % 34,5 % 33,0 % 29,3 %
Operating profit (EBIT) 1 933 2 157 3 070 3 9064) 3 1394) 2 4284)
Operating profit (EBIT), % 18,7 % 27,5 % 17,8 % 28,7 % 29,5 % 25,6 %
Adjusted EBIT3) 2 621 2 544 5 411 4 428 3 283 2 566
Adjusted EBIT, % of net sales 25,4 % 32,4 % 31,4 % 32,6 % 30,9 % 27,1 %
Profit (loss) for the review period / financial year 1 390 1 692 2 272 2 9764) 2 4844) 1 9124)
Profit (loss) for the review period / financial year, % of net sales 13,5 % 21,5 % 13,2 % 21,9 % 23,3 % 20,2 %
Equity ratio, % 71,9 % 59,4 % 75,0 % 61,6 % 77,9 % 67,4 %
Net debt -10 974 -1 875 -15 760 -3 099 -3 776 -2 251
Gearing, % -48,8 % -29,1 % -71,7 % -44,3 % -68,5 % -52,9 %
Earnings per share (EPS), EUR 5) 0,08 0,10 0,39 4 375,92 3 652,58 2 811,21
Personnel at the end of period 169 121 153 110 79 75
Outstanding shares at the end of period 18 393 440 680 18 273 726 680 680 680
Average outstanding shares during the period 18 293 678 680 5 879 408 680 680 680

1) A group structure requiring the preparation of consolidated financial statements was formed in 2020.
2) Adjusted EBITDA is the EBITDA for the period adjusted by costs relating to corporate acquisitions and the listing as well as certain extraordinary items (Covid-19 reduction of pension contribution and Business Finland’s aid).
3) Adjusted EBIT is the operating profit (EBIT) for the period adjusted by the merged companies’ amortisations and goodwill amortisations, and costs relating to corporate acquisitions and the listing as well as certain extraordinary items (Covid-19 reduction of pension contribution and Business Finland’s aid).
4) Audited.
5) Earnings per share (EPS) is calculated using the average number of shares outstanding during the period.

Calculation of key figures

Key figure Calculation
Gross margin Net sales - materials and services
EBITDA Operating profit/loss + depreciation, amortisation and impairment
Adjusted EBITDA Operating profit/loss + depreciation, amortisation and impairment - Covid-19, reduction of pension contribution - Business Finland’s aid + M&A costs + IPO costs
Operating profit (EBIT) Net sales + other operating income - materials and services - personnel expenses - other operating expenses - depreciations, amortisations and impairment
Adjusted EBIT Operating profit/loss - COVID-19, reduction of pension contribution - Business Finland’s aid + M&A costs + IPO costs + amortisation of consolidation asset amortisation + amortisation of consolidation goodwill
Equity ratio, % Equity +/- minority interest / Total assets - advances received x100
Net debt Loans from credit institutions - cash in hand and at bank
Gearing, % Loans from credit institutions - cash in hand and at bank / Equity x100
Earnings per share (EPS) Profit (loss) for the review period / financial year +/- minority interest / Average number of issue-adjusted shares without treasury shares