Earnings release
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Xybion Digital Reports Financial Results for the Second Quarter Fiscal ● 2022 Total revenue grew by over 43 % • SaaS revenue increased by 63 % • ARR exceeded US $ 9.2M exiting the quarter • EBITDA Margin was 13.8 % VANCOUVER , B.C. and PRINCETON , N.J. , November 22 , 2021 / PRNewswire / -- Xybion Digital Inc. ( XYBN : TSXV ) ( " Xybion ” or the “ Company ” ) , a global , low - code SaaS company that enables digital transformation in highly regulated industries like Life Sciences , today reported Q2 F2022 financial results for its second quarter ended on September 30 , 2021. Financial references are expressed in US dollars unless otherwise indicated . Please refer to the MD & A and Financial Statements posted onto SEDAR ( www.sedar.com ) for information relating to non - IFRS measures and risk factors . " Post - COVID , life sciences companies are eager to digitally transform their critical processes . Our low - code SaaS software platform is helping our clients do this quickly , inexpensively and effectively for their labs , data , and employee health and safety workflows . " said Dr. Pradip K. Banerjee , Chairman & CEO of Xybion . " The strong Q2 performance across all of our KPIs reflects increasing market demand for our solutions . ” Summary of Consolidated Results Q2 & YTD Fiscal Year 2022 IFRS Total Revenue Gross Margin GM % Total Expenses Operating Profit Net Income EPS 3,050,347 Q2 2022 % Change 4,452,247 43.8 % 60.6 % 68.5 % 3,884,196 345,870 32.9 % 568,051 225.6 % 186.6 % Q2 2021 3,096,089 1,899,145 61.3 % 2,921,603 174,486 YTD 2022 % Change 8,166,061 5,478,700 YTD 2021 30.2 % 44.3 % 6,272,393 3,797,289 67.1 % 60.5 % 7,203,046 23.3 % 5,844,154 963,015 124.9 % 428,239 120,692 606,185 103.4 % 297,999 0.002 0.001 0.004 0.002 Non - IFRS ( EBITDA ) Depreciation / Amortization 115,387 SBC 9,981 -0.8 % 11.1 % 116,268 229,829 Interest expense ( income ) 5,365 -293.1 % 8,986 ( 2,779 ) 19,962 9,091 3.1 % 77.9 % 5511.7 % 222,827 11,222 162 Taxes 139,357 208.7 % 45,146 221,231 82.6 % 121,135 EBITDA 615,960 113.6 % 288,313 1,086,298 66.3 % 653,345 EBITDA Margin % 13.8 % 9.3 % 13.3 % 10.4 % Financial Highlights for the Quarter :