Telefonaktiebolaget LM Ericsson B DRC (ERICy)

A brief financial summary of Telefonaktiebolaget LM Ericsson B DRC as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

4.580 +0.060 (+1.33%)

02/10 Closed EUR Disclaimer

ERICy Financial Summary

Telefonaktiebolaget LM Ericsson (publ) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SEK 64,444 million compared to SEK 62,465 million a year ago. Net loss was SEK 686 million compared to net income of SEK 4,504 million a year ago. Basic loss per share from continuing operations was SEK 0.21 compared to basic earnings per share from continuing operations of SEK 1.36 a year ago. Diluted loss per share from continuing operations was SEK 0.21 compared to diluted earnings per share from continuing operations of SEK 1.35 a year ago.For the six months, sales was SEK 126,997 million compared to SEK 117,526 million a year ago. Net income was SEK 830 million compared to SEK 7,444 million a year ago. Basic earnings per share from continuing operations was SEK 0.25 compared to SEK 2.24 a year ago. Diluted earnings per share from continuing operations was SEK 0.25 compared to SEK 2.23 a year ago.

TTM: Trailing Twelve Months
MRQ: Most Recent Quarter

ERICy Income Statement

	ERICy
Gross margin TTM	40.36%
Operating margin TTM	8.21%
Net Profit margin TTM	4.31%
Return on Investment TTM	9.98%

Total Revenue
Net Income

Title	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022
Total Revenue	64,444	62,553	85,980	68,040
Gross Profit	24,653	24,914	35,665	28,190
Operating Income	2,765	4,036	9,513	7,167.50
Net Income	-686	1,516	6,066	5,214

ERICy Balance Sheet

	ERICy
Quick Ratio MRQ	0.66
Current Ratio MRQ	1.1
LT Debt to Equity MRQ	17.54%
Total Debt to Equity MRQ	31.77%

Total Assets
Total Liabilities

Title	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022
Total Assets	343,358	345,658	349,537	361,166
Total Liabilities	211,003	219,826	216,233	224,346
Total Equity	132,355	125,832	133,304	136,820

ERICy Cash Flow Statement

	ERICy
Cash Flow/Share TTM	4.76
Revenue/Share TTM	84.39
Operating Cash Flow	-1.95%

Cash
Net Change in Cash

Title	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022
Cash From Operating Activities	-2,882	-5,825	19,895	4,651
Cash From Investing Activities	-2,413	2,370	-11,895	-58,852
Cash From Financing Activities	-7,069	-770	-3,940	-5,263
Net Change in Cash	-11,802	-4,216	1,600	-56,869

* In Millions of SEK (except for per share items)

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures), cryptocurrencies, and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn't bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.