Kamux Corp (OTCPK:KMUXF)

$ 12.17 0 (0%) Market Cap: 137.74 Mil Enterprise Value: 215.97 Mil PE Ratio: 22.21 PB Ratio: 1.19 GF Score: 79/100

Q1 2022 Kamux Oyj Earnings Call Transcript

May 13, 2022 / 09:00AM GMT

Release Date Price: $12.17

Transcript

Juha Kalliokoski

Kamux Oyj - CEO

Hello. Good morning from Helsinki and welcome to Kamux quarterly result presentation. My name is Juha Kalliokoski. I'm CEO and Founder of Kamux.

Marko Lehtonen

Kamux Oyj - CFO

Good morning. My name is Marko Lehtonen. I'm Kamux CFO.

Juha Kalliokoski

Kamux Oyj - CEO

There you can see agenda for today's presentation. Firstly, Q1 in brief; secondly, financial development; thirdly, strategic outlook and financial targets and then we summarize those. Our vision is to be #1 used car retailer in Europe and as we see, our vision is very realistic. We are already the third largest seller of used cars in Europe. The table includes European operators that focus on sales of used cars. Our revenue increased 13.1% to EUR 237.3 million and last year it was about EUR 210 million. Our gross profit increased by 4.6% to EUR 24.3 million. Adjusted operating profit was at previous year level and was EUR 5.7 million. Like-for-like revenue increased nicely, it was plus 8.6%. Our international operations

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