Q3 results
ARR SEK 67.4m (-3% vs. ABGSCe 69.2m), sales SEK 15.6m (-5% vs. ABGSCe), EBITDA SEK 1.0m (vs. ABGSCe 0.6m), EBIT SEK -2.2m (vs. ABGSCe -2.4m), net profit SEK -2.2m (vs. ABGSCe -2.4m). Litium reported a robust ARR growth of 15% vs. ABGSC 18%, despite a gloomier consumer sentiment. The company achieved a positive EBITDA that is better than we expected and continues to grow both ARR and sales at a steady pace despite tough comps for the broader e-commerce market.
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