17.8.2022 07:00:00 CEST | Cyviz | Half yearly financial reports and audit
reports / limited reviews
Cyviz AS today publishes its financial results for the second quarter of 2022,
with an all-time high revenue of NOK 120m, a positive EBITDA of NOK 5.0m and a
gross profit of NOK 54.2m.
This was the sixth consecutive quarter with growth in order intake, and Cyviz is
now at NOK 445m looking from a rolling 12-months perspective. That represents a
growth of 45% compared to Q2 2021 with good contribution from a continuously
expanding footprint in the key market segments corporate, energy and government
and defense.
"We are very pleased to have delivered on our strategy in relation to broadening
our customer portfolio in the second quarter. We now have a good balance between
public and private customers across geographies. Return to the office place and
the advent of hybrid workplaces continues to drive demand for our collaboration
solutions", says CEO Espen Gylvik at Cyviz.
During the quarter, Cyviz also entered two new strategic partnerships that
supports the company`s direction towards platform and SW to exploit untapped
potential in sales channels and extend the reach of Cyviz solutions into broader
markets and verticals. The first deal was with Techlit SCM, an Italian
integrator which will implement Cyviz Easy Agent for Teams integration in the
Italian market. The second deal was signed with Atea Group for building managed
services for enterprise customers in Scandinavia with Microsoft Teams Rooms
(MTRs).
Highlights Q2 2022
* Cyviz delivered an EBITDA of NOK 5.0m in the second quarter, an improvement
of NOK 23.3m compared to last reported quarter
* Revenues grew by 17% compared to Q2 2021 and ended at an all-time-high of NOK
119.8m
* Gross profit of NOK 54.2m representing a growth of 21% compared to Q2 2021
* Order intake of NOK 116.9m for the quarter leaving the rolling 12-months
trend at NOK 445m
* Order backlog of NOK 218.8m after Q2
* Awarded several large contracts totaling NOK 33m in the Government &
Defense-vertical including what will become one of the largest command &
control centers in the world
Cyviz AS is presenting its Q2 2022 report and presentation on Wednesday 17
August at 09:00 (CET) and hereby invites investors, analysts, and other
stakeholders to a live webcast.
Link to webcast:
https://channel.royalcast.com/ -
https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fchannel.royalc
ast.com%2Flandingpage%2Fhegnarmedia%2F20220817_5%2F&data=05%7C01%7CEllen.Lome%40
cyviz.com%7Ceebae359901d444446a708da7c5462a0%7C75f40770eacf47dc82c79a4633c87f6f%
7C0%7C0%7C637958999141373349%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjo
iV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=UtICTIF9AbeI1PGP6D
DPhObMz7LVhshNLCQQl%2Fp1D1E%3D&reserved=0
The report, presentation and link to the recorded webcast will be made available
at: www.cyviz.com/investor-relations/ -
https://eur03.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.cyviz.com%2
Finvestor-relations&data=05%7C01%7CEllen.Lome%40cyviz.com%7C51b5f08c430943b901fe
08da32775b9e%7C75f40770eacf47dc82c79a4633c87f6f%7C0%7C0%7C637877785459839223%7CU
nknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI
6Mn0%3D%7C3000%7C%7C%7C&sdata=lN5Vnfw25CgzntN056hQntGSDaZNU8GSgzNngXA12q8%3D&res
erved=0
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.
CONTACTS
* Espen Gylvik, CEO, Cyviz AS, +4791330644, espen.gylvik@cyviz.com
* Marius Skagen, CFO & Investor Relations, Cyviz AS, +47 986 44 846,
marius.skagen@cyviz.com
ABOUT CYVIZ
About Cyviz
Cyviz is a global technology provider for comprehensive conference and control
rooms as well as command and experience centers. Since 1998, Cyviz has
simplified the way the digital workforce connects, visualize, and collaborate
across technologies and critical data. The IT-driven solutions are easy to
deploy, manage and support. Today, Cyviz serves global enterprises and
governments with the highest requirements for usability, security, and quality.
The cross-platform experience Cyviz delivers to manage and control systems and
resources across the enterprise makes Cyviz the preferred choice for customers
with complex needs.
Find out more on www.cyviz.com - http://www.cyviz.com/ or visit one of our Cyviz
Experience Centers in Atlanta, Dubai, Jakarta, Houston, London, Oslo, Riyadh,
Singapore, Stavanger, or Washington DC.
Cyviz is listed on Euronext Growth at the Oslo Stock Exchange (ticker: CYVIZ)
ATTACHMENTS
Cyviz Q2 report 2022.pdf -
https://kommunikasjon.ntb.no/ir-files/17847582/1661/2230/Cyviz%20Q2%20report%202
022.pdf
Cyviz Q2 2022 presentation.pdf -
https://kommunikasjon.ntb.no/ir-files/17847582/1661/2231/Cyviz%20Q2%202022%20pre
sentation.pdf