)
Visual
test
ZignSec
ZignSec (ZIGN) investor relations material
ZignSec has been delisted
ZignSec Q3 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2024 earnings summary25 Nov, 2024
Executive summary
Net revenue for Q3 2024 was SEK 21.7 million, unchanged year-over-year, with EBITDA improving to SEK -1.0 million from SEK -5.4 million due to lower personnel and consulting costs.
G2 Acquisition Inc. made a public cash offer for all shares and warrants, later controlling over 94% of votes and capital, with plans to delist and acquire remaining shares.
Agreements signed with Vivino and Ninja Casino to provide KYC and customer verification services, expanding reach and validating product offerings.
Achieved a milestone of 400 monthly invoiced customers, the highest to date, despite challenges in the South American KYC segment.
Financial highlights
Net revenue for Q3 2024 was SEK 21.7 million, flat year-over-year; EBITDA improved to SEK -1.0 million from SEK -5.4 million.
Operating loss (EBIT) for Q3 was SEK -17.4 million, compared to SEK -24.8 million last year.
Cash and cash equivalents at quarter-end were SEK 20.6 million, up from SEK 9.4 million a year ago.
Operating cash flow for Q3 was SEK -1.5 million, an improvement from SEK -7.7 million in Q3 2023.
Earnings per share for Q3 was SEK -0.087, compared to SEK -0.370 in Q3 2023.
Outlook and guidance
Focus remains on growth and achieving positive operating cash flow, with continued investment in platform development and advanced features.
Strategic diversification across sectors and geographies is expected to support operational stability amid market fluctuations.
Immediate operational priorities post-delisting?
Address declining KYC revenue per customer?
How are growth investments funded post-cost cuts?
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from ZignSec
ZignSec
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Explore our global coverage