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ListaFirst North Stockholm
ZignSec är ett teknikbolag. Bolaget utvecklar tekniska plattformar för ID-verifieringslösningar. Lösningarna används av företag som i sin tur kan identifiera sina kunder digitalt i realtid. Kunderna återfinns inom ett flertal branscher, med störst koncentration inom iGaming-segmentet. Störst verksamhet återfinns inom den nordiska marknaden, med huvudkontoret beläget i Solna.
2023-02-24 08:00:00

With interim report for the period 1 October 2022 to 31 December 2022

Full year 2022 in summary

  • Net revenue amounted to SEK 89.9 (52.9) million, an increase of 69% compared with the corresponding period the year before.
  • EBITDA amounted to SEK -23.4 (-24.8) million.
  • Cash and cash equivalents amounted to SEK 26.2 million.
  • Equity amounted to SEK 250.9 (283.8) million.

Fourth quarter in summary

  • Net revenue amounted to SEK 20.8 (22.7) million, a decrease of 8% compared with the corresponding quarter the year before.
  • EBITDA amounted to SEK -5.6 (-2.9) million.
  • Cash and cash equivalents amounted to SEK 26.2 million.
  • Equity amounted to SEK 250.9 (283.8) million.

Significant events during the fourth quarter

  • ZignSec has hired Glenn Mac Donald as the new Chief Sales Officer (CSO) to be responsible for coordinating the sales strategy across the ZignSec group, focusing on growth and continuing client development.
  • ZignSec has secured growth financing of SEK 20 million with DBT Capital AB as lender for the purpose of enabling further growth and working towards a positive operational cash-flow in the coming year.

Significant events after the end of the fourth quarter

  • ZignSec appointed Daniel Grech as its Chief Technology Officer (CTO). In this role, Daniel will lead the technology strategy and development efforts for the group, including its subsidiaries Web Shield, and Wyzer.

A comment from the CEO Alex Noton: 

During the fourth quarter we generated a net revenue of SEK 20.8 (22.7) million, a decrease of 8% against the corresponding quarter of last year mainly due to the focused effort on restructuring the Group. I am pleased to report that this is close to completion and the business is now on a more solid footing to deliver sustainable growth going forward.

For more information, please contact:

Alex Noton, CEO

Tel: +44 7775 685 984


Alexander Albedj, Chairman of the Board

Tel: +46 76 221 30 75


About ZignSec

ZignSec is a technology group in the fast-growing RegTech industry. The company provides SAAS platform with digital real-time solutions for customer due diligence and ID verification with global reach. The solutions are used by companies that in turn can optimize their processes for "onboarding" both corporate customers and consumers and at the same time ensure compliance with ever-changing local and global regulatory requirements for Know Your Customer (KYC) and Anti Money Laundering (AML).

Link to where the report is published on ZignSec’s Website:


Nasdaq First North (ZIGN)

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