Neonet posts Q1 loss

Neonet (STO:NEO) during the first quarter

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  • Operating revenues totaled SEK 132.3 m (187.2) m
  • Operating earnings before depreciation, amortization and net financial items, EBITDA, amounted to SEK 1.0 m (37.0)
  • Before tax, a loss of SEK 9.7 m (earnings: 26.7) was reported
  • The after-tax loss was SEK 6.6 m (earnings: 19.7)
  • The loss per share amounted to SEK 0.10 (earnings: 0.30)

Significant events during the period

  • Neonet launched trading on the Mexican Stock Exchange
  • Neonet launched trading on the commodities markets by broadening its offering with gold derivatives on Eurex
  • Neonet announced that the Board will propose a share buyback program at the Annual General Meeting

Events after period-end

  • Neonet offers Credit Suisse customers access to EMS platform
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