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Magnet Forensics Inc.

11:47 AM EST - Magnet Forensics Inc. : Announced its financial and operational results for the three months ended December 31, 2022. Financial references are in U.S. dollars unless otherwise indicated. Revenue of $31.0 million in Q4 2022, an increase of 45%; and $98.9 million in FY 2022, an increase of 41% Gross profit margin1 of 94% in Q4 2022, up from 93%; and 93% in FY 2022, unchanged. Net income of $4.2 million in Q4 2022, up from $0.8 million; and $3.7 million in FY 2022, down from $7.3 million. Magnet Forensics Inc. shares T.MAGT are trading unchanged at $44.34.