Inderes’ revenue decreased by 5% in November 2024
Inderes Oyj,
Press release 13 December 2024 at 10:00 am EET
Inderes’ revenue decreased by 5% in November 2024
Inderes’ revenue decreased by 5% in November 2024 and was 1.6 (1.7) MEUR.
CEO Mikael Rautanen:
“Revenue decreased by 5% in November. Revenue was negatively affected by the timing of event productions between months and the lower number of large event productions compared to the previous year. Revenue decreased in Sweden. Software revenue continued to grow at a very strong level, driven by the growth of the customer portfolio and the launch of a significant new account.”
The revenue figures in the release are presented using the average exchange rate of the reporting season.
Monthly revenue development (MEUR)
Month | 2024 | 2023 | Change |
January | 1.0 | 0.9 | 10% |
February | 1.7 | 1.7 | 4% |
March | 2.3 | 2.4 | -5% |
April | 2.2 | 1.7 | 33% |
May | 1.9 | 1.6 | 15% |
June | 0.9 | 1.0 | -9% |
July | 1.3 | 1.1 | 11% |
August | 1.3 | 1.2 | 3% |
September | 1.7 | 1.4 | 20% |
October | 1.6 | 1.5 | 6% |
November | 1.6 | 1.7 | -5% |
Monthly reporting
Inderes publishes a half-year financial report, a financial statement release, and two business reviews according to a predefined schedule. In addition, Inderes publishes monthly reviews of the development of its revenue.
The monthly reviews report the revenue with comparative data and the management's assessment of the development of the business during the review period. Monthly reviews are published as soon as possible after the completion of the figures. Exceptions are the January and February figures that are reported together, the March figures published as part of the January-March business review, the June figures published as part of the half-year report, and the September figures published as part of the January-September business review.
Contact Information:
Mikael Rautanen
CEO
mikael.rautanen@inderes.com
+358 50 346 0321
Certified advisor:
Sisu Partners Oy
Jori-Pekka Rautalahti
jori-pekka.rautalahti@sisupartners.com
tel. +358 50 382 9323
Juha Karttunen
juha.karttunen@sisupartners.com
tel. +358 40 555 4727
Inderes in brief
Inderes is a Nordic investor media connecting investors and listed companies. We provide in-depth equity research and investor relations solutions to help over 400 listed companies better serve the Nordic investor community. Inderes operates in Sweden, Finland, Denmark, and Norway and is listed on Nasdaq First North Growth Market. Read more: https://group.inderes.com/en/