Kurs & Likviditet
Beskrivning
Land | Norge |
---|---|
Lista | OB Match |
Sektor | Informationsteknik |
Industri | Kommunikation |
2022-02-10 06:00:00
LINK Mobility (LINK) reports revenue growth of 25% to NOK 1,297 million in the
fourth quarter of 2021. Organic revenue growth in fixed currency was 16% and in
the high end of medium-term growth targets. Gross profit increased 37% to NOK
360 million and the margin expanded 2.4 percentage points YoY to 27.7%,
reflecting a high margin contribution from the US acquisition Message Broadcast.
Adjusted EBITDA grew 47% to NOK 176 million with a margin improvement to 13.6%
from 11.5% in the fourth quarter of 2020. LINK reiterates its long-term
forward-looking statement to 2024 with medium-term revenue growth expectation in
the 14-17% range.
LINK continue to experience increased demand for CPaaS solutions and is
relentlessly executing on its go-to-market (GTM) strategy, which includes
roll-out of self-sign-up (SSU) platforms and a further growth of the partner
network. The US expansion in June 2021 opened a large new market for LINK.
Through the acquisition of Italian chatbot company Xenioo, LINK has secured an
attractive solution to upsell towards existing clients and is experiencing
especially high interest from the utility vertical in the US.
Global messaging revenue increased organically in fixed currency at 67%,
positively impacting growth rates on total revenue. For the Enterprise segment,
all markets have rebounded from lockdown induced restrictions, except in France,
where retail activity remains below normal levels. Organic revenue growth for
the Enterprise segment was also negatively impacted by high comparables in same
quarter the previous year, as lockdowns resulted in significant volumes from
e-commerce and the logistics vertical. Gross profit grew to all an all-time high
of NOK 360 million with a gross margin at 27.7%, reflecting contribution from
acquired entities. Organic gross profit growth in fixed currency was 11%, lower
than organic revenue growth due to the larger proportion of global messaging
volumes at a lower margin. Organic gross margin in the Enterprise segment
improved by 0.1 percentage points in Q4 2021 compared to same period the
previous year. Reported adjusted EBITDA grew strongly at 47% and reached an
all-time high of NOK 176 million and the adjusted EBITDA margin improved 2
percentage points to 13.6% YoY. Organic adjusted EBITDA grew 15% in fixed
currency.
LINK was awarded 'Best RCS Provider' Platinum Winner by Juniper Research in
February 2022. LINK is currently working with several global brands that are
using RCS for both promotional and transactional messaging.
"We are happy to report all-time high gross profit and EBITDA figures. Through
last year LINK grew significantly, closed six acquisitions and expanded to the
US. The larger customer base and increased geographical reach ideally position
LINK for S-curve adoption of omnichannel CPaaS solutions", says Guillaume Van
Gaver, CEO of LINK.
The quarterly results will be presented in an audio webcast at 10:00 CET today
by Guillaume Van Gaver, CEO and Thomas Berge, CFO.
The audio webcast targets investors, analysts and media. Attendees will be able
to both post and ask questions directly in a Q&A session following the webcast.
To join the audio webcast and post questions, please go to
https://channel.royalcast.com/landingpage/hegnarmedia/20220210_13/
The webcast is also available from LINK's investor relations pages
https://linkmobility.com/investor-relations/
To ask questions directly in the Q&A session, please dial in
PIN Code for all countries: 799682
NO: +47 21956342
DK: +45 7876 8490
SE: +46-4-0682-0620
UK: +44 203-7696819
US: +1 646-787-0157
For further information, please contact
Tom Rogn, VP Investor Relations
+47 94 85 56 59
tom.rogn@linkmobility.com
About LINK Mobility
LINK is an award-winning, leading global provider of mobile messaging and
communications platform as a service (CPaaS) solutions for increased engagement.
The company serves enterprise, SME, and government customers. LINK offers a wide
range of innovative and scalable mobile solutions, creating valuable digital
convergence between businesses and customers, governments and citizens,
platforms and users. LINK has 47,000 customer accounts globally and exchanges
more than 10 billion messages a year. LINK is listed on the Oslo Stock Exchange
under the ticker LINK. For more information about LINK, please see
www.linkmobility.com and follow LINK Mobility on LinkedIn.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act