Bokslutskommuniké 2022

Press release

This is some text inside of a div block.

<h1>Year-end report 2022</h1>
</div>
<div style="clear: both;">
<time pubdate="2023-02-16 07:15:00Z" datetime="2023-02-16 07:15:00Z">Thu, Feb 16, 2023 08:15 CET</time>

<a href="/se/_editorial/Contact?url=https%3a%2f%2fnews.cision.com%2fse%2ftourn-international%2fr%2fbokslutskommunike-2022%2cc3716176">Report this content</a>

</div>
</div>

- see attached pdf for full report - 
 
English version of the report will come during the day. 
The English version of the report will be sent out during the day.

The result in brief 
During 2022, TOURN at group level shows a growth of 8.8% compared to 2021 and the group has during the fourth quarter a growth of 4.3%. The NAGATO business area will grow in 2022 by 3.9% compared to 2021, but seen in the fourth quarter, sales decreased by 8.5% as an effect of lower CPM prices during the quarter by 19.2% in some regions. Agency shows a record quarter in Q4 and grows by 15.3% compared to Q4 2021 and reaches growth in 2022 by 7.9%. This means that the Agency reaches its highest turnover ever with SEK 66.5 million. In 2022, the business areas Agency and Nagato account for equal parts of the group's turnover.

Significant events

<ul>
<li>The group shows revenue growth of 8.8% in the full year 2022 compared to the same period in 2021</li>
<li>NAGATO grows by 3.9% in full year 2022 compared to the same period in 2021</li>
<li>Reduced CPM levels on NAGATO, up to 19.2% in some regions during the quarter</li>
<li>Agency grows by 15.3% during Q4 compared to Q4 2021 and by 7.9% during the full year 2022 compared to the same period in 2021</li>
</ul>

Longterm goals

<ul>
<li>To turn over +500 MSEK during 2025 but a profit margin of at least 10% </li>
<li>To fully establish operations in the USA, Europe and Asia in the coming years</li>
</ul>

CEO words

Positive collaboration 
A more intensive work together with Atlantic Swiss has characterized Q4. This is so that we are fully adapted to be able to attract international talent. We are now in a position where we have the conditions for wider international expansion and attractive packaging with the new conditions required. The coming year will involve a number of activities to establish us as a strong player on the international market. TOURN has the ambition that the activities that are now being started in the JV should have a clear positive impact on TOURN's operations from the end of 2023 onwards.

Q4 and 2022 
TOURN continues its growth in the various business areas and the group. The group reports a turnover of SEK 145 million after four quarters and the turnover grows by 8.8% compared to 2021. During Q4, the group has a growth compared to Q4 2021 by 4.4%, which gives a new record quarter in terms of turnover. NAGATO is growing its revenue in full year 2022 and continues to see lower CPM than in 2021 by as much as 19.2% in some regions. The expectation is that CPM levels will not increase to the levels we saw in 2021 in the near term. At the same time, the number of channels continues to grow in the platform and new opportunities are created in connection with YouTube starting with ads on YouTube shorts. Despite these factors, NAGATO shows growth in 2022 compared to 2021 by 3.9% and sales grow to SEK 66.5 million. We continue to see positive effects from our investments in NAGATO and the cumulative number of exposures that NAGATO had during the four quarters of the year amounted to 56.1 billion. This is more than a 12% increase compared to 2021 for the number of exposures within NAGATO over 4 quarters. Agency has had a strong quarter and shows a growth for the quarter of 15% compared to Q4 2021 and reaches a turnover in 2022 of SEK 66.6 million, which is a growth of 8% compared to 2021. Agency also sees good demand for 2023 and has sold campaigns to a value of SEK 26.5 million. Charge also continues to grow in 2022 by 35% compared to 2021. This is more than a 12% increase compared to 2021 for the number of exposures within NAGATO over 4 quarters. Agency has had a strong quarter and shows a growth for the quarter of 15% compared to Q4 2021 and reaches a turnover in 2022 of SEK 66.6 million, which is a growth of 8% compared to 2021. Agency also sees good demand for 2023 and has sold campaigns to a value of SEK 26.5 million. Charge also continues to grow in 2022 by 35% compared to 2021. This is more than a 12% increase compared to 2021 for the number of exposures within NAGATO over 4 quarters. Agency has had a strong quarter and shows a growth for the quarter of 15% compared to Q4 2021 and reaches a turnover in 2022 of SEK 66.6 million, which is a growth of 8% compared to 2021. Agency also sees good demand for 2023 and has sold campaigns to a value of SEK 26.5 million. Charge also continues to grow in 2022 by 35% compared to 2021.

Looking ahead 
In addition to the positive work with the JV, which we see will be able to create great opportunities for the group in 2023, we have a growing business in NAGATO and exciting projects in TOURN LAB. NAGATO is facing an exciting opportunity as YouTube in 2023 will open the "shorts" format for monetization. TOURN LAB, which the company hoped would launch one of its projects at the end of Q4 2022, will now most likely be in the first half of 2023. All activities taking place in the company at the moment are clearly activities directly linked to our turnover target of SEK 500 million and that we shall become an international player in our industry. It is with a positive gut feeling that I look into 2023 and the opportunities that lie ahead.

Robin Stenman, CEO

Robin Stenman 
CEO, Tourn International AB (Publ) 
ir(at) tourn.com 
 
Certified advisor 
Eminova Fondkommission AB 
Biblioteksgatan 3 
111 46 Stockholm 
+46 (0)8 684 211 00 
adviser@eminova.se 
 
- See attached pdf for complete report - 
 
Full report is also available on the company's IR page: <a href="https://ir.tourn.com/" rel="nofollow" target="_blank">https://ir.tourn.com/</a> 
 
 This information is information that Tourn International AB is obliged to make public according to the EU's market abuse regulation. The information was submitted, through the care of the above contact person, for publication on February 16, 2023.

</article>

‍

Bokslutskommuniké 2022

What’s a Rich Text element?

Static and dynamic content editing

How to customize formatting for each rich text