IPO 2017Awardit AB helps businesses increase their revenue and profitability by implementing and running loyalty programs and employee incentive programs for private and business customers and sales teams. Awardit operates, among other things, as a bank for digital point currencies and provides everything from proprietary independent loyalty programs to complex coalition programs. In 2016, Awardit turned over more than 41 million SEK (ca. 44 million SEK when including daughter companies) with an EBITDA of 14.6 million SEK and a net income after taxes of 11 million SEK. The total paid dividend in 2017 was 10.8 million SEK. Since 2009, Awardit has paid out ca. 59 million SEK in dividend payments to its shareholders, with a raised dividend for each year. It's now possible to become a shareholder in Awardit! The offer comprises of, at most, 665,000 secondary shares (13.3 % of the company). The price per share is ca. 28 SEK and is based on the company's value of ca. 140 million SEK. The dividend yield based on the current year's dividends is over 7.7 % at the set issue price. The P/E ratio is 12.7 times the profit after tax (based on 2016's results). The subscription period is November 7th-24th and the preliminary first trading day is December 5th.
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Awardit AB (publ) was listed on Nasdaq First North Growth Market on December 5, 2017 under the symbol AWRD.