Cint Group AB (publ)

CINT

Equity

ISIN SE0015483276 / Valor 59974843

NASDAQ Nordic Exchange Stockholm, Equities (2024-11-20)

SEK 11.44-0.87%

Cint Group AB (publ)
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About company

Cint Group AB (publ) is a global software leader in digital insights, offering a platform that automates the process of gathering survey data for companies. With access to one of the world's largest consumer networks for digital survey-based research, Cint provides brands, agencies, and other businesses with efficient and impactful insights. The company's solutions enable clients to access survey data faster and on a large scale, with millions of engaged respondents in over 130 countries.

Summarized from source with an LLMView SourceSector: Technology

Net Sales

In the first quarter of 2024, Cint Group AB (publ) reported net sales of EUR 36.4 million, reflecting a 1.1 percent increase on a pro forma basis compared to EUR 36.0 million in the same period last year. However, reported net sales saw a significant decrease of 39.2 percent from EUR 59.9 million.

Gross Profit

Cint Group AB (publ) achieved a gross profit of EUR 30.3 million in Q1 2024, with a gross margin of 83.3 percent. This is a slight decrease from the pro forma gross profit of EUR 30.9 million and a margin of 85.7 percent in the previous year. The reported gross profit last year was EUR 35.9 million.

EBIT and EBITA

The company reported an EBIT of EUR -8.4 million for the first quarter of 2024, improving from EUR -10.1 million pro forma last year, with an EBIT margin of -23.1 percent. EBITA for the same period amounted to EUR 1.5 million, up from EUR 0.9 million last year, resulting in an EBITA margin of 4.1 percent compared to 2.5 percent pro forma.

Earnings Per Share

For Q1 2024, Cint Group AB (publ) reported an EPS before dilution of EUR -0.04, consistent with the same period last year. The adjusted EPS before dilution remained at EUR 0.00, indicating no change from the previous year's figures.

Cash Flow and Strategic Focus

Net cash flow for Cint Group AB (publ) was negative in the first quarter of 2024, primarily due to negative cash flow from operating activities and amortization payments of loans. The company remains focused on returning to growth, driving innovation, and improving cash flow from operations while retaining profitability.

Summarized from source with an LLMView Source

Key figures

16.1%1Y

-91.6%3Y

%5Y

Performance

66.3%1Y

87.1%3Y

80.8%5Y

Volatility