INTERIM FINANCIAL REPORT JANUARY – JUNE 2020
Press Release (First North: WPAY) For immediate release 14th August 2020
INTERIM FINANCIAL REPORT JANUARY – JUNE 2020ADAPTING OUR BUSINESS FOR A NEW REALITY IN A PANDEMIC PRESENT.SECOND QUARTER 2020Net sales totalled MSEK 10.2 (15.2), a decrease with MSEK 4.9 / -32 %EBITDA was MSEK -1.6 (-4.8), an increase with MSEK 3.2Operating profit/loss was MSEK -3.1 (-6.3), an increase with MSEK 3.2Profit/loss after tax was MSEK -3.0 (-5.2), an increase with MSEK 2.2Earnings per share amounted to SEK -0.09 (-0.24)JANUARY – JUNE 2020Net sales totalled MSEK 24.7 (28.3), a decrease with MSEK 3.6 / -13 %EBITDA was MSEK -5.8 (-8.2), an increase with MSEK 2.4Operating profit/loss was MSEK -9.3 (-11.2), an increase with MSEK 1.9Profit/loss after tax was MSEK -8.0 (-9.1), an increase with MSEK 1.1Net earnings per share amounted to SEK -0.24 (-0.40) SIGNIFICANT EVENTS DURING THE QUARTERShort-time work allowance implemented from 1 AprilPontus Bohlin new COO at Westpay#tabetalt – Release of mobile payment solution to support restaurants suffering from Corona impactSpring 2020 Product launch challenge the Fintech industry and take the payment user experience to new levelsNO SIGNIFICANT EVENTS AFTER THE END OF THE QUARTER For additional information, please contact:Sten Karlsson, CEO Westpay AB
Mobile: +46 70-555 6065
Email: sten.karlsson@westpay.seHans Edin, CCO Westpay AB
Mobile: +46 70-688 02 05
Email: hans.edin@westpay.seWestpay’s Certified Adviser is Erik Penser Bank, phone: +46 8-463 80 00, email: certifiedadviser@penser.seThis 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 14 August 2020 at 08:40 CEST through the agency of the contact person set out above. AttachmentsPress release_20200814_Interim_report_Westpay_2Q20Interim report Westpay AB April – June 2020
