Kollect on Demand Holding AB (publ) issues a trading update for April 2021
Today on May 12, 2021, Kollect on Demand Holding AB (publ) (“Kollect” or the “Company” ) issues a trading update for April 2021.
Kollect reports record monthly revenue of SEK 5.5M, a year on year increase of 44%, with recurring revenue increasing by 107%.
Key Figures
| APR 21 | APR 20 | VARIANCE | MAR 21 | VARIANCE | |||
| TOTAL REVENUE | SEK 5.5M | SEK 3.8M | 44% | SEK 5.4M | 3% | ||
| TOTAL GROSS MARGIN | 38% | 36% | 2% | 37% | 1% |
Total Revenue increased by 44% compared to the prior year.
Recurring Revenue Activities
Recurring revenues in April 2021 were 107% higher than recurring revenues for April 2020.
Non-Recurring Revenue Activities
Non-recurring revenues grew by approximately 10% compared to April 2020 revenues and were up by approximately 6% compared to March 2021 revenues.
Gross Margin
The Company achieved a gross margin of 38% at a consolidated level in the month. This was an increase of 1 percentage point on the prior month and an increase of 2 percentage points compared to a gross margin of 36% in April 2020.
Please click on the attached PDF to read the full Trading Update.