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Year-End Report - Cinnober Financial Technology AB

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Period* July 1, 2013 – December 31, 2014

  • Net sales for the period amounted to SEK 408.4 million.
  • Profit before tax for the period amounted to SEK 1.8 million. 
  • Earnings per share before dilution for the period amounted to SEK 0.38. 
  • A total of 11 new deals during the period – one of a major scale, four of medium scale and six smaller. 
  • An agreement was signed with the Johannesburg Stock Exchange regarding a major clearing project. 
  • Strengthened position in relation to banks through the acquisition of the BOAT reporting service. 
  • The Board proposes that no dividend be paid for the accounting period.
  • Following the close of the period it was announced that Cinnober will receive more than EUR 2 million for adapting the technology around real-time clearing to cover the needs of European banks.  
  • Following the close of the period, an agreement was signed for an extensive trading project with the Australian Stock Exchange (ASX), which is one of the world’s ten largest marketplaces.

* Following a resolution at an Extraordinary General Meeting on June 26, 2014, the current financial year was extended until December 31, 2014.

“In summary, we view the company’s future with great confidence. We enter a new financial year, as the leading independent supplier in our niche globally. Our self-confidence and prospects are strong, particularly given that we consider ourselves to have a product and service portfolio that are completely accurately positioned now that the market looks like regaining momentum.” says Veronica Augustsson, CEO, in a comment.

Attachment: Year-End Report July 1, 2013 – December 31, 2014

Cinnober Financial Technology discloses the information provided herein pursuant to the Securities Market Act (Sw. lagen om värdepappersmarknaden). The information was submitted for publication on February 24, 2015 at 11:00 (CET).

For further information
Veronica Augustsson, CEO, phone +46 8 503 047 00, veronica.augustsson@cinnober.com

Cinnober in brief

  • Cinnober develops mission-critical system solutions for exchange trading, clearing, risk management and other financial services.
  • Its target group consists primarily of international exchanges, clearinghouses, banks and brokerages
  • The company was founded in 1998, currently has approximately 250 employees in Stockholm and Umeå (excluding consultants) representing 29 nationalities
  • It offers solutions in price discovery, order matching, market data, index calculations, clearing, risk management and market surveillance
  • The Cinnober share has been listed since September 29, 2014 on NASDAQ OMX First North. Avanza is the Certified Adviser.

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