Highlights
Net sales amounted to SEK 6,659m (7,150). Net sales were unchanged organically, while currency effects had a negative impact of 7 percent.
Gross profit amounted to SEK 2,318m (2,406), an organic increase of 5 percent. Currency effects had a negative impact of 8 percent.
EBITDA amounted to SEK 851m (799), an organic increase of 16 percent. Currency effects had a negative impact of 9 percent.
Adjusted EBITDA amounted to SEK 915m (923), an organic increase of 8 percent. Currency effects had a negative impact of 8 percent.
Loss after tax was SEK -10m (-6,095).
Basic earnings per share were SEK -0.01 (-7.22) and diluted earnings per share were SEK -0.01 (-7.22).
Free cash flow was SEK 244m (293).
Free cash flow per share R12M was SEK 1.65 (2.59). Cash conversion R12M was 38 percent.
Net debt in relation to adjusted EBITDA R12M amounted to 1.4 (1.6).
Repurchased a total of 15,279,642 shares for SEK 519m, holding 1.8 percent of total outstanding shares in treasury as of September 30.
Significant events in Q3
During the quarter, Sinch's strong position within AI was confirmed as AI innovators across all regions now use the company's API products.
Research firm Gartner named Sinch a Magic Quadrant Leader for CPaaS for the third year running.
Sinch is now live with RCS for Business together with the three largest mobile operators in the United States.
Daniel Morris was appointed as the new Chief Product Officer.
Sinch expanded its AI-driven platform Sinch Engage with RCS campaign creation and management capabilities.
The Extraordinary General Meeting resolved ...
