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quickbit Q1 € 97.1 MILLION Net sales Q1 2021/2022 € 3.6 MILLION Gross profit Q1 2021/2022 Invitation to conference call Quickbit will present the interim report via a conference call at 10.00 a.m. CET on 10 November . Call in to register a few minutes prior to the start of the conference call on one of the following numbers : Sweden : UK : USA : Pin : 20288230 # +46850558375 +443333009263 +1 6319131422 Use the following link to follow the presentation via webcast : https://tv.streamfabriken.com/ quickbit - interim - q1-2021 Financial calendar 2021 Annual General Meeting Q2 Interim Report ( October - December ) 9 February 2022 Q3 Interim Report ( January - March ) Year - end Report 2021/2022 24 November 2021 11 May 2022 10 August 2022 This report is published in Swedish and English . In the event of any differences between the English version and the Swedish original , the Swedish version takes precedence . Interim Report July - September 2021 Sales increased 80 % year - on - year , primarily through more merchants joining but also due to a slight recovery following the impact of the preceding year's revenue restructuring on sales . Merchants numbered 67 at the quarter's end , up from 29 at the same date last year . Investments in consumer products continued and the Quickbit App launched in the Swedish market in August . First quarter , July - September 2021 in summary • Net sales totalled € 97.1 million ( 54.0 ) . Gross profit amounted to € 3.6 million ( 2.3 ) with a gross margin of 3.7 % ( 4.3 ) . Adjusted EBITDA was € 0.3 million ( 1.2 ) . • EBIT totalled € -0.1 million ( 0.9 ) . • Basic earnings per share amounted to € -0.04 ( 0.11 ) . Significant events during the quarter • Acquisition of the Norwegian firm Balder Solutions AS . ● • Hammad Abuiseifan took the reins as CEO . • Agreements were made with two acquiring banks , Worldpay and Bank Frick . • The mentoring agreement with Eminova Fondkommission was terminated . Financial summary € million Net sales Sales growth ( % ) Gross profit Gross margin ( % ) Adjusted EBITDA Adjusted EBITDA margin ( % ) First quarter Jul - Sep 2021 Jul - Sep 2020 97.1 80 % 3.6 3.7 % 0.3 0.3 % 50.4 -43 % 2.3 4.3 % 1.2 2.2 % Full year 2020/2021 0.6 29 250.6 -44 % 10.5 4.2 % 2.3 0.9 % Average daily volume ( ADV ) 1.1 No. of e - merchants 67 See pages 18-19 for the definitions and derivation of the above alternative performance measures . 0.7 57 Quickbit Interim Report Q1 2021/2022 1