Interim report, January – September 2017


Period July 1 – September 30, 2017

  • Net sales SEK 88.0 m (SEK 83.2 m)
  • System revenue SEK 56.7 m (SEK 56.2 m)
  • Recurring revenue in percentage of net sales 57 % (54 %)
  • EBITDA SEK 22.1 m; 25.1 % (SEK 19.9 m; 23.9%)
  • EBITDA-adj. SEK 13.3 m; 15.1% (SEK 10.8 m; 13.0 %)
  • EBIT SEK 11.1 m; 12.7 % (SEK 6.2 m; 7.5 %)
  • Net profit SEK 6.5 m; 7.3 % (SEK 5.6 m; 6.7 %)
  • EPS before dilution SEK 0.12 (SEK 0.10)
  • Cash flow from operating activities SEK 16.9 m (SEK 9.0 m)

Period January 1 – September 30, 2017

  • Net sales SEK 279.8 m (SEK 272.0 m)
  • System revenue SEK 180.5 m (SEK 175.3 m)
  • Recurring revenue in percentage of net sales 52 % (49 %)
  • EBITDA SEK 59.9 m; 21.4 % (SEK 57.8 m; 21.2 %)
  • EBITDA-adj. SEK 31.5 m; 11.3 % (SEK 29.3 m; 10.8 %)
  • EBIT SEK 23.0 m; 8.2 % (SEK 13.8 m; 5.1 %)
  • Net profit SEK 14.4 m; 5.1 % (SEK 11.3 m; 4.2 %)
  • EPS before dilution SEK 0.28 (SEK 0.21)
  • Cash flow from operating activities SEK 34.3 m (SEK 25.3 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.

This information is inside information that Formpipe Software AB (publ) is obliged make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at 08.45 October 26, 2017.

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, Germany and USA. The Formpipe share is listed on NASDAQ Stockholm.


Attachments

Q3 2017 EN_2394rtj.pdf