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View All NewsDanish job board Jobindex Q3 revenue down as advertising and recruitment products decline
Danish job board Jobindex A/S (JOBNDX: CPH) reported lower third-quarter revenue of DKK 89.3 million (€11.9 million), a fall of 10.5% compared with the same quarter in the previous year.
Jobindex reported declines in its advertising products and recruitment products. Stepstone and international job ads also saw a decline in Q3 2023.
(DKK millions) | Q3 2023 | Q3 2022 | Change | Q3 2023 (€ millions) |
Revenue | 89.3 | 99.9 | 10.5% | 11.9 |
EBITDA (excluding special posts) | 33.1 | 47.7 | -30.7% | 4.4 |
Profit before interest and tax | 28.4 | 43.2 | -34.1% | 3.8 |
Jobindex's advertising products reached a turnover of DKK 70 million (€9.4 million) against DKK 81 million (€10.8 million) in the same period last year.
Recruitment products achieved turnover of DKK 4.8 million (€643,881) against DKK 6.1 million (€818,197) in the third quarter of 2022.
StepStone and international job ads generated sales of DKK 1.1 million (€147,554) against DKK 1.3 million (€174,384) million) in the third quarter of 2022.
Computerworld had a turnover of DKK 10.3 million (€1.4 million) against DKK 6.7 million (€898,744) in the third quarter of 2022.
IT-Jobbank had a turnover of DKK 3.4 million (€456,079), in the third quarter, against DKK 5.1 million (€684,118) in the third quarter of 2022.
Jobindex also reported revenue of DKK 292.1 million (€39.1 million) for the nine-month period, a fall of 18.9% compared to the same period in 2022.
On July 2023 Jobindex announced that it completed the delisting of its shares from the Nasdaq First North Growth Market Denmark. The last trading day for the company was 30 June after 16 years.