Period July 1 – September 30, 2016*
- Net sales SEK 83.2 m (SEK 83.5 m)
- System revenue SEK 56.2 m (SEK 56.3 m)
- Recurring revenue in percentage of net sales 54% (50%)
- EBITDA SEK 19.9 m (SEK 17.6 m)
- EBITDA margin 23.9 % (21.1 %)
- EBIT SEK 6.2 m (SEK 2.6 m)
- Net profit SEK 5.6 m (SEK 1.8 m)
- EPS before dilution SEK 0.10 (SEK 0.04)
- Cash flow from operating activities SEK 8.6 m (SEK 11.8 m)
Period January 1 – September 30, 2016*
- Net sales SEK 272.0 m (SEK 256.1 m)
- System revenue SEK 175.7 m (SEK 172.3 m)
- Recurring revenue in percentage of net sales 49% (49%)
- EBITDA SEK 57.8 m (SEK 52.0 m)
- EBITDA margin 21.2 % (20.3 %)
- EBIT SEK 13.8 m (SEK 11.5 m)
- Net profit SEK 11.3 m (SEK 10.3 m)
- EPS before dilution SEK 0.21 (SEK 0.20)
- Cash flow from operating activities SEK 23.2 m (SEK 34.1 m)
* Comparison figures in this report has been adjusted to reflect the remaining operations after the sale of the business area Customer Specific Solutions in Denmark during the fourth quarter. For additional information, see specification in the groups consolidated income statement summary and the note 8 quarters in summary.
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, October 25, 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.
