IBS Interim Report January - June 2011 JANUARY-JUNE 2011 · Total revenue decreased to SEK 558 m (664), with professional services revenue down to SEK 313 m (405) and hardware and other revenue amounted to SEK 127 m (136) · Total license revenue amounted to SEK 118 m (123) · EBITDA* improved to SEK -63 m (-72) · Net earnings amounted to SEK -132 m (-121) · Cash flow from operating activities for the first six months improved to SEK 17 m (-61) · The result for the first half year has been burdened with one-off costs related to the public takeover and corporate development activities, of approximately 35 m. Summary January - June 2011SEK m 2011 Jan-Jun 2010Jan-Jun 2010Jan-Dec Total revenue 558 664 1 300 New license sales 29 26 66 Renewal revenue 89 97 185 Software licenses 118 123 251 Professional services revenue 313 405 749 Hardware and other revenue 127 136 299 Operating profit -125 -133 -196 Earnings after financial items -131 -145 -214 Net earnings -132 -121 -192 EBITDA* -63 -72 -62 For more information, please contact: Christian Paulsson Acting CEO and COO, IBS AB +46 (0) 8 627 45 36 Christian.Paulsson@ibs.net (Christian.Paulsson@ibs.net) Fredrik Sandelin CFO and Head of HR, IBS AB +46 (0) 8 627 23 00 Fredrik.Sandelin@ibs.net (Fredrik.Sandelin@ibs.net)
IBS Interim Report January - June 2011
| Source: IBS AB
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