NetJobs Group AB, a Stockholm, Sweden-based operator of job boards, reported on 11 November that third-quarter net sales rose 20.6% year over year to nearly SEK 5.8 million (EUR 525,000).

In a statement with the announcement, CEO Niklas Eriksson said NetJobs is continuing work on developing its platform and increasing investment in marketing. The company is focused on growth sales and improving profitability for the remainder of this year.

Profit after tax at the firm increased 79.8% in the third quarter to SEK 924,000 (EUR 84,000).

Share price and market cap

On Tuesday, shares in NetJobs closed at SEK 0.998 (EUR 0.09); they were 40.56% above their 52-week low, according to FT.com. The company had a market cap of SEK 32.3 million (EUR 2.9 million).