Yes, thanks for the link. Hard to find anything to be upset about in this report. Straight from the report:
"Gross profit and result of operations
Gross profit for the group has increased 6% compared to 2021. The attained Gross profit margin of the group for the year is
9.1% compared to 8.3% last year.
The operations generated a profit of $877,000 in 2022, compared to a loss of $611,000 in 2021.
The main explaining factor for the increase in income from operations is that the selling, general and administrative expenses
of the operations have decreased approximately 25% year to date compared with the same period year 2021. The review of
our organizational set-up and staffing in the second half of 2021 has resulted in significant savings this year. We have invested
part of made savings in new hires of top-of-the class resources to meet the demand for specific digital services and
strengthening our offering as well as to ensure sufficient resources to secure delivery of the services to our clients as the
client base continues to grow. We are also investing in staff training, tools, and systems. Making Science has strengthened
UCP and its subsidiaries and given the group a competitive edge in the market. We are determined to strengthen our
competitive edge further in our main markets. The power of Making Science together with our talented staff has contributed
to our fast competence enhancement into new areas of the digital landscape and it will continue to improve our development
and services to clients.
We can provide clients with top level tech and digital consulting for marketing and media as well as with top-of-the-class
traditional media services. Year 2023 we will focus on assisting our clients with their digital acceleration to faster achieve
digital transformation and attain increased and more efficient sales.
Profit before taxes and minority interest
Profit before taxes and minority interests generated this year is $700,000 compared to a loss of $728,000 in 2021.
The profit available to shareholders for the twelve months ended December 31, 2022, is $562,000.
We are very proud that Tre Kronor Media won the Media Agency of the Year award in February 2023 and perceive it as
confirmation our business strategy is effective. We have a very positive outlook on year 2023.
New York, USA, 15th of April 2023"
Bullish
