Kollect on Demand Holding AB (publ) issues a trading update for December 2021
Today on January 18, 2021, Kollect on Demand Holding AB (publ) (“Kollect” or the “Company”) issues a trading update for December 2021.
Kollect increases total revenue by 24% year-on-year with all verticals reporting year-on-year growth.
Key Figures
| DEC-21 | DEC-20 | VARIANCE | NOV-21 | VARIANCE | |||
| TOTAL REVENUE | SEK 5.2M | SEK 4.1M | 24% | SEK 5.5M | -6% | ||
| TOTAL GROSS MARGIN | 39% | 44% | -5% | 36% | 3% |
Total Revenue increased by 24% compared to the prior year.
Recurring Revenue Activities
Recurring revenues in December 2021 were 27% higher than recurring revenues for December 2020.
Non-Recurring Revenue Activities
Non-recurring revenues grew by approximately 20% compared to December 2020.
Gross Margin
The Company achieved a gross margin of 39% at a consolidated level in the month. This was 3 percentage points higher than the prior month.
Please click on the attached PDF to read the full report