News Tag: English

Quickbit publishes year-end report 2021/2022

Quickbit reports a temporary decline in sales, at €69.3 million, while the product mix and cost-efficiency improvements resulted in a higher gross margin of 4.3% in the fourth quarter. Quickbit’s strong financial position enables continued investments in future growth, despite the increase in economic and geopolitical uncertainty in the business environment. Summary of the fourth […]

Invitation to presentation of Quickbit’s year-end report ‘21/22

For the fourth quarter ‘21/22, Quickbit has accelerated its reporting process and will therefore publish its year-end report for the period 1 July 2021 – 30 June 2022 in advance on Thursday 21 July 2022 at 08.00 am CET. On the same day at 11:00 am CET Quickbit will organize a conference call with web […]

Quickbit recovers deposited collateral of 3.9 mEUR

Today Quickbit has in its entirety recovered its outstanding receivable consisting of deposited collateral (so-called rolling reserve) in the form of cash and cash equivalents of 3.9 mEUR. Previously, Quickbit announced that the expectation was that the deposited collateral, which was a collateral Quickbit needed to make to a previous acquiring partner, would be repaid […]

Quickbit establishes new role – appoints Chief Operating Officer

Quickbit strengthens the management team and recruits Anders Jonsson for a newly established role as Chief Operating Officer (COO). In his newly established role as COO, Anders will be responsible for the service organization, technology and IT within Quickbit and drive operational development processes. Anders has a background as a civil engineer in Technical Physics […]

Quickbit publishes Q3 ‘21/22 interim report

Sales for the third quarter of ’21/22 totalled €92.1 million, which was in line with the corresponding quarter last year. This corresponded to an average daily volume (ADV) of €1.0 million, which was largely impacted by activity and demand with our merchants. In parallel, the gross margin was 4.0%, which is the current target margin […]

Quickbit announces changes to Group Management

Quickbit’s CFO Simon Afeworki has decided to leave Quickbit to take on new challenges. Simon has been employed at Quickbit since 2019 and his last day is July 8, 2022. Quickbit has appointed Susanne Andersson as interim CFO. Susanne has extensive experience from companies with international operations in roles as CFO and Head of Investor […]

Invitation to presentation of Quickbit’s Q3 ‘21/22 interim report

Quickbit will publish its interim report for the period 1 January – 31 March 2022 on Wednesday, 11 May 2022, at 08:00 am CET. On the same day at 11:00 am CET Quickbit will organize a conference call with web presentation for analysts and investors. Hammad Abuiseifan, CEO, and Simon Afeworki, CFO, will present and […]