Strong start on 2017

The start of year for Spring was very strong. Our net sales increased to SEK 6.8 millions, our strongest quarter ever, up 49% from Q1 2016. The profit before tax was SEK 0.9 millions which is a 13,2% margin on sales.

During the first quarter Spring started working with a number of new interesting customers, strengthening Spring's profile as a digital agency driven by innovations & insights.

One example of a new client is Medituner. Medituner is recognized for their innovative applications within the health care sector and was the winner of Stockholm Innovation Scholarship 2015. Spring will develop both existing and new apps within the Asthmatuner - the first complete self-management system for asthma.

Recruitment has also been strong during the quarter strengthening our capacity on frontend and backend-development as well as User Experience capacity.