Period January 1 – March 31, 2016
- Net sales SEK 87,3.1 m (SEK 84.3 m)
- System revenue SEK 58.1 m (SEK 57.1 m)
- Recurring revenue, percentage of net sales 51% (50%)
- EBITDA SEK 16.4 m (SEK 18.6 m)
- EBITDA margin 18.8% (22.0%)
- EBIT SEK 2.8 m (SEK 5.9 m)
- Net profit SEK 1.4 m (SEK 2.2 m)
- EPS before dilution SEK 0.02 (SEK 0.04)
- Cash flow from operating activities SEK 12.2 m (SEK 14.4 m)
For additional information, contact:
Christian Sundin, President and CEO of Formpipe, +46 705 67 73 85
For the full report, see attached PDF.
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This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.
The information in this press release is of the kind that Formpipe Software AB (publ) is required to disclose in accordance with the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. This information was submitted for publication on Tuesday, April 19, 2016.
Formpipe develops ECM products and solutions for structuring information and supplies them to major companies, authorities and organisations. ECM products help organisations to capture, manage and distribute information, and to place it in context. The company’s software helps improve efficiency, cut costs and reduce risk exposure. Formpipe was founded in 2004 and has offices in Sweden, Denmark, United Kingdom, The Netherlands and USA. The Formpipe share is listed on NASDAQ Stockholm.
