Bifogade filer
Bambuser YearEndReport2023
Kurs & Likviditet
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Informationsteknik |
| Industri | Programvara |
Bambuser reports a Q4 2023 ARR of SEK 107.2 million, representing a quarter over quarter decline of 7% at constant exchange rates (“CER”). The Adjusted EBITDA was SEK -27.8 million, in line with implemented cost enhancements. The last twelve-month free cash flow improved with SEK 37.1 million year over year. The cash balance closed at SEK 272.1 million, which is sufficient to take Bambuser to positive cash flow.
In a strategic move, Bambuser divested its influencer marketing business, Relatable, during the quarter. This transaction, while resulting in a non-cash loss of SEK 85.5 million, had a positive impact on cash flow, contributing SEK 12.7 million.
Bambuser signed several new contracts with enterprise customers in the quarter, including Belkin (consumer electronics), Auto Mercado (supermarket chain based in Costa Rica), and HiFi Klubben (retailer of high-quality audio and visual equipment). The Company further renewed and expanded its partnership with the Matas (leading Danish health and beauty retail chain).
Q4 2023 Key highlights
- ARR of SEK 107.2 million, -21% y/y and -7% q/q at constant exchange rates (“CER”).
- Net Sales of SEK 44.1 million (59.3) with SaaS revenue growth of -22% y/y and -9% q/q.
- Adjusted EBITDA of SEK -27.8 million (-25.7), representing a -60% margin, -20%p. y/y and -6%p. q/q.
- Free Cash Flow of SEK -37.6 million (-21.6), representing a -85% FCF margin, -49%p. y/y and -8%p. q/q.
- End of quarter Cash Balance of SEK 272.1 million (378.5), which is sufficient to take Bambuser to positive cash flow.
- Successful divestment of Relatable allows Bambuser to concentrate its resources on developing the world's leading video commerce platform.
The full Q4 2023 report is published at https://ir.bambuser.com/report-archive