24SevenOffice ASA Fourth Quarter Results 2007
24SevenOffice ASA's operating revenue was MNOK 6.4 in 4Q07. This represents growth in sales of 32 per cent compared to 4Q06. Operating revenue for 2007 was MNOK 21.7 which represents growth in sales of 38 per cent. Operating profit (EBIT) for 4Q07 was MNOK -11.8 and operating profit before depreciation (EBITDA) was MNOK -10.6.
The company has recruited 10 new sales representatives and total sales force is now 16, with 6 in Sweden and 10 in Norway. The company will continue its strong focus on training of sales representatives and its growing market presence.
Highlights 4Q 2007
Operating revenue reached MNOK 6.4 which represents 32 % growth in sales compared to 4Q06
Operating revenue for 2007 reached MNOK 21.7 which represents 38% growth in sales compared to 2006
Successfully recruited 10 sales representatives in 4Q07
- Total of 16 sales representatives; 6 in Sweden and 10 in Norway
- Strong focus on sales training and market presence
Innovations
- The mobile service mobile.24SevenOffice.com was launched in 4Q07 and is now available as added value to
24SevenOffice customers
- A comprehensive business community service is planned launched in 1Q08 after three years of concept
development
Partners
- Aditro partnership discussions are progressing well. Planned signed in March
- Dun&Bradstreet and Intrum Justitia implemented and integrated into the 24SevenOffice solution
- Fokus Bank is actively promoting 24SevenOffice solutions to its customers
- WebEx is now integrated as a service into the 24SevenOffice solution. Commercial partnership is delayed due
to Cisco purchase