Kollect on Demand Holding AB (publ) issues a trading update for January 2022
Today on February 17, 2022, Kollect on Demand Holding AB (publ) (“Kollect” or the “Company”) issues a trading update for January 2022.
Kollect increases total revenue by 43% year-on-year with all verticals reporting year-on-year growth.
Key Figures
| JAN-22 | JAN-21 | VARIANCE | DEC-21 | VARIANCE | |
| TOTAL REVENUE | SEK 5.7M | SEK 3.9M | 43% | SEK 5.2M | 8% |
| GROSS MARGIN | 37% | 43% | -5% | 39% | -2% |
Total Revenue increased by 43% compared to the prior year.
Recurring Revenue Activities
Recurring revenues in January 2022 were 31% higher than recurring revenues for January 2021.
Non-Recurring Revenue Activities
Non-recurring revenues grew by approximately 71% compared to January 2021 revenues.
Gross Margin
The Company achieved a gross margin of 37% at a consolidated level in the month. This was 2 percentage points lower than the prior month as a result of the revenue mix.
Please click on the attached PDF to read the full report.