Readly International AB (publ) financials
Readly International AB (publ)
Country: SE Reporting currency: SEK Latest annual report: 2022-12-31
LEI:
549300TT4PAJYUCR4952 Financial statements
(SEK, as reported — unscaled; 98 line items across 2 annual periods)
| Line item | 2022 | 2021 |
|---|---|---|
| Income statement | ||
| Revenue | SEK 580.7M | SEK 460.7M |
| Other income | SEK 10.9M | SEK 5.6M |
| Employee benefits expense | SEK 117.3M | SEK 95.0M |
| Depreciation & amortisation | SEK 54.1M | SEK 12.2M |
| Operating profit (EBIT) | -SEK 142.5M | -SEK 209.5M |
| Net finance income / (cost) | SEK 20.8M | -SEK 9.9M |
| Finance costs | SEK 20.5M | SEK 21.2M |
| Profit before tax | -SEK 121.6M | -SEK 219.4M |
| Income tax expense | -SEK 1.7M | SEK 202.0K |
| Profit for the year | -SEK 120.0M | -SEK 219.6M |
| — attributable to owners | -SEK 119.9M | -SEK 219.6M |
| — attributable to NCI | -SEK 77.0K | -SEK 7.0K |
| Total comprehensive income | -SEK 110.7M | -SEK 216.6M |
| Cash flow statement | ||
| Net cash from operating activities | -SEK 62.7M | -SEK 165.5M |
| Income taxes paid | SEK 509.0K | SEK 484.0K |
| Net cash from investing activities | -SEK 32.7M | -SEK 30.6M |
| Net cash from financing activities | -SEK 31.2M | -SEK 20.2M |
| Repayments of borrowings | SEK 26.8M | SEK 19.6M |
| Lease liability payments | SEK 3.7M | SEK 4.4M |
| Net change in cash | -SEK 126.6M | -SEK 216.2M |
| Balance sheet | ||
| Total assets | SEK 383.1M | SEK 507.5M |
| Non-current assets | SEK 161.9M | SEK 173.0M |
| Right-of-use assets | SEK 8.0M | SEK 11.2M |
| Intangible assets & goodwill | SEK 143.5M | SEK 151.4M |
| Current assets | SEK 221.2M | SEK 334.5M |
| Trade & other receivables | SEK 7.7M | SEK 6.6M |
| Cash & equivalents | SEK 188.7M | SEK 306.2M |
| Total equity | SEK 90.6M | SEK 201.7M |
| — attributable to owners | SEK 90.6M | SEK 200.0M |
| Non-controlling interests | SEK 5.0K | SEK 1.7M |
| Non-current liabilities | SEK 27.9M | SEK 46.0M |
| Long-term borrowings | SEK 11.2M | SEK 16.7M |
| Lease liabilities (non-current) | SEK 4.8M | SEK 7.1M |
| Current liabilities | SEK 264.6M | SEK 259.8M |
| Current portion of long-term borrowings | SEK 7.0M | SEK 24.5M |
| Lease liabilities (current) | SEK 2.7M | SEK 3.3M |
| Deferred tax liabilities | SEK 9.3M | SEK 10.6M |
| Derived metrics | ||
| Free cash flow | -SEK 95.6M | -SEK 187.6M |
| Operating margin | -24.5% | -45.5% |
| Net margin | -20.7% | -47.7% |
| Return on equity | -132.5% | -108.9% |
| Cash conversion ratio | 0.52× | 0.75× |
| Capex coverage | -1.91× | -7.48× |
| Other reported items | ||
| Additional Paidin Capital | SEK 1.18B | SEK 1.18B |
| Adjustments For Decrease Increase In Other Operating Receivables | -SEK 2.9M | -SEK 2.3M |
| Adjustments For Decrease Increase In Trade Account Receivable | -SEK 1.1M | SEK 9.1M |
| Adjustments For Depreciation and Amortisation Expense | SEK 54.1M | SEK 12.2M |
| Adjustments For Increase Decrease In Other Current Liabilities | SEK 29.6M | SEK 33.9M |
| Adjustments For Increase Decrease In Trade Account Payable | SEK 2.9M | -SEK 2.1M |
| Basic Earnings Loss Per Share From Continuing Operations | SEK -3.20 | SEK -5.90 |
| Cash Flows From Used In Operations Before Changes In Working Capital | -SEK 91.3M | -SEK 204.1M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | SEK 0 | SEK 7.3M |
| Comprehensive Income Attributable To Noncontrolling Interests | -SEK 29.0K | SEK 37.0K |
| Comprehensive Income Attributable To Owners of Parent | -SEK 110.7M | -SEK 216.7M |
| Current Accruals and Current Deferred Income Including Current Contract Liabilities | SEK 175.0M | SEK 150.1M |
| Current Financial Liabilities At Fair Value Through Profit Or Loss | SEK 26.2M | SEK 33.1M |
| Current Prepayments and Current Accrued Income Including Current Contract Assets | SEK 20.2M | SEK 18.7M |
| Current Tax Liabilities Current | SEK 936.0K | SEK 1.1M |
| Diluted Earnings Loss Per Share From Continuing Operations | SEK -3.20 | SEK -5.90 |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | SEK 9.1M | SEK 869.0K |
| Equity and Liabilities | SEK 383.1M | SEK 507.5M |
| Expense By Nature | SEK 734.1M | SEK 675.8M |
| Finance Income | SEK 41.3M | SEK 11.3M |
| Gains Losses On Exchange Differences On Translation Net of Tax | SEK 9.2M | SEK 3.0M |
| Increase Decrease Through Acquisition of Subsidiary | — | SEK 1.7M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | -SEK 945.0K | — |
| Increase Decrease Through Exercise of Warrants Equity | — | SEK 11.8M |
| Increase Decrease Through Sharebased Payment Transactions | SEK 246.0K | SEK 151.0K |
| Increase Decrease Through Transactions With Owners | -SEK 412.0K | SEK 36.4M |
| Increase Decrease Through Transfers and Other Changes Equity | SEK 300.0K | SEK 1.6M |
| Interest Paid Classified As Operating Activities | SEK 2.7M | SEK 4.1M |
| Interest Received Classified As Operating Activities | SEK 92.0K | SEK 0 |
| Issue of Equity | — | SEK 21.2M |
| Issued Capital | SEK 1.1M | SEK 1.1M |
| Liabilities | SEK 292.5M | SEK 305.8M |
| Machinery | SEK 580.0K | SEK 997.0K |
| Miscellaneous Other Operating Expense | SEK 10.0M | SEK 5.8M |
| Noncurrent Financial Liabilities At Fair Value Through Profit Or Loss | SEK 0 | SEK 8.1M |
| Noncurrent Provisions | SEK 2.6M | SEK 3.5M |
| Other Adjustments For Noncash Items | SEK 222.0K | -SEK 2.1M |
| Other Comprehensive Income | SEK 9.2M | SEK 3.0M |
| Other Current Liabilities | SEK 8.2M | SEK 6.0M |
| Other Current Receivables | SEK 4.6M | SEK 3.0M |
| Other Expense By Nature | SEK 164.2M | SEK 252.8M |
| Other Intangible Assets | SEK 93.5M | SEK 80.7M |
| Other Noncurrent Financial Assets | SEK 9.9M | SEK 9.3M |
| Payments For Share Issue Costs | SEK 14.0K | SEK 156.0K |
| Payments From Changes In Ownership Interests In Subsidiaries | SEK 945.0K | SEK 0 |
| Proceeds From Exercise of Options | SEK 0 | SEK 2.3M |
| Proceeds From Issuing Other Equity Instruments | SEK 300.0K | SEK 1.6M |
| Purchase of Financial Instruments Classified As Investing Activities | -SEK 192.0K | SEK 1.2M |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | SEK 32.9M | SEK 22.1M |
| Reserve of Exchange Differences On Translation | SEK 12.2M | SEK 3.1M |
| Retained Earnings | -SEK 1.11B | -SEK 986.3M |
| Revenue and Operating Income | SEK 591.6M | SEK 466.3M |
| Share Issue Related Cost | SEK 14.0K | — |
| Trade and Other Current Payables To Trade Suppliers | SEK 44.6M | SEK 41.7M |
| Weighted Average Shares | 37.9M | 37.3M |
Methodology
Every line item above is a fact tagged in Readly International AB (publ)'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (SEK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.