Published on 2024-08-14LINK Mobility Interim Report Second Quarter 2024. We are reporting a robust quarter with an all-time high in contract closures and showcasing continued strong performance and growth.

LINK Mobility Q2 2024 - Delivering another strong quarter

Q2 Interim Report 2024

LINK Mobility (LINK) reported revenue of NOK 1,816 million, growing 17% in the second quarter of 2024 with a marginal negative currency impact.

Gross profit and adjusted EBITDA were reported at NOK 379 million and NOK 180 million respectively, with organic growth in fixed currency at 12% and 16%.

In the quarter, LINK executed an inorganic growth strategy by entering the Portuguese market through the acquisition of EZ4U. The second quarter was strong commercially and LINK closed an all-time high level of contracts with NOK 48 million where NOK 16 million in more advanced CPaaS solutions. Buy-back programs for both own shares and own debt progressed as planned in the quarter; while the financial position remained strong and supported further organic and inorganic growth.

Listen to LINK Mobility's Q2 2024 results presented in the audio webcast by Thomas Berge, CEO, and Morten Edvardsen, CFO & VP Investor Relations.

To access the full LINK Mobility Q2 Report 2024, click here.