Cyviz reports a solid quarter with all-time high revenue of NOK 120m and positive EBITDA

Cyviz continues expansion with three new contracts for Microsoft Technology Centers in Europe and the Americas – valued at NOK 22 million (USD 2.7 million)
Cyviz AS today publishes its financial results for the second quarter of 2022, with an all-time high revenue of NOK 120m, a positive EBITDA of NOK 5.0m and a
gross profit of NOK 54.2m.
This was the sixth consecutive quarter with growth in order intake, and Cyviz is now at NOK 445m looking from a rolling 12-months perspective. That represents a
growth of 45% compared to Q2 2021 with good contribution from a continuously expanding footprint in the key market segments corporate, energy and government
and defense.

"We are very pleased to have delivered on our strategy in relation to broadening our customer portfolio in the second quarter. We now have a good balance between
public and private customers across geographies. Return to the office place and the advent of hybrid workplaces continues to drive demand for our collaboration
solutions", says CEO Espen Gylvik at Cyviz.