Investor Presentaiton
Financial & Performance Highlights | Group Highlights Q3 2023
SG&A (USD 000)
19.6%
21.4%
EBITDA (USD 000)
9.9%
9.9%
+3%
-5%
76,165
78,559
38,490
36,450
Net Profit (USD 000)
2.8%
0.7%
2.2%
-23%
10,794
8,283
2,625
Q3 2022
Q3 2023
Q3 2022
Q3 2023
Q3 2022
Q3 2023
Q3 2023 Normalized
X% Represents Margin in % of Revenue
Consolidated Group SG&A increased by 3% YoY. Organic G&A (which excludes MyUS) declined by 9%, reflecting the Company's agility in cost
management, reaching pre-pandemic levels. Notably, selling expenses for the organic business increased during the quarter, in line with the
Company's strategy to increase sales competencies in key verticals across key markets.
EBITDA margins were maintained at 10%, while EBITDA reached USD 36 million, a decline of 5% YoY in line with revenue indicating our success in
managing costs and operational efficiencies.
Normalized net income was USD 8.3 million, down 23% YoY. Net income was normalized for the currency translation impact and the increase in
finance expense loans following the acquisition of MyUS in Q4 2022.
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