Interim report
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Net Insight Interim Report January - March 2021 N netinsight Net Insight AB ( publ ) corp.id.no. 556533-4397 January - March 2021 • Net sales amounted to SEK 77.9 ( 76.0 ) million , an increase of 2.6 % year on - year . In comparable currencies net sales increased by 11.6 % . • Operating earnings amounted to SEK 3.1 ( 4.8 ) million , corresponding to an operating margin of 4.0 % ( 6.3 % ) . Excluding foreign exchange rate differences of SEK 7.6 ( 9.2 ) million , operating earnings were SEK -4.4 ( -4.4 ) million . • Net income for the period for the Group , including divested operations , was SEK -33.0 ( 248.4 ) million . This includes capital loss on disposal of discontinued operations of SEK - 35.9 million ( 246.4 ) . The effect on earnings from the disposal of discontinued operations deviates from the estimate communicated in connection with the announcement of the transaction . For more information , see section " Divested operations " in " Extraordinary events " . Earnings per share , basic and diluted , for the Group was SEK -0.09 ( 0.65 ) . • Total cash flow for the Group was SEK 14.1 million ( 245.4 ) . Excluding the cash impact of the divestment of subsidiary , cash flow was SEK -1.0 million ( -57.0 ) . New IP deals won during the quarter Crister Fritzson , CEO , Net Insight Significant events : • Divestment of ScheduALL Promising results in innovation study of Net Insight's time synchronization technology in mobile networks • Important deals with Red Bee Media and NEP Connect FINANCIAL HIGHLIGHTS Jan - Mar 2021 2020 Change Apr 2020- Mar 2021 Jan - Dec 2020 Change SEK millions Continuing operations Net sales 77.9 76.0 2.6 % 333.7 331.7 0.6 % Operating earnings 3.1 4.8 -34.2 % -17.2 -15.6 Operating margin 4.0 % 6.3 % -5.2 % -4.7 % Net income 3.9 1.3 207.0 % -12.1 -14.8 EBITDA 2.6 1.1 131.5 % -17.8 -19.3 EBITDA margin 3.3 % 1.5 % -5.3 % -5.8 % Total Group , including discontinued operations Net Income Total cash flow -33.0 14.1 248.4 245.4 -44.0 237.4 -94.3 % 1.3 232.6 -99.4 % Business area Resource Optimization was divested in 2021 and Business area Streaming Solutions was divested in 2020. The divested business areas are reported separately as discontinued operations in this report .