Interim report January - September 2013
Period July 1 – September 30, 2013
- Net sales SEK 70,3 m (SEK 56,6 m, pro forma SEK 69,3 m)
- System revenue SEK 47,5 m (SEK 36,6 m, pro forma SEK 42,9 m)
- EBITDA SEK 18,9 m (SEK 14,9 m, pro forma SEK 15,3 m)
- EBITDA margin 26,9 % (26,3 %, proforma 22,1 %)
- EBIT SEK 9,4 m (SEK 4,6 m)
- Net profit SEK 5,0 m (SEK 1,6 m)
- Lowering of the Danish company tax has affected the net profit negatively by SEK 1,8 m (equivalent to SEK -0,04 per share)
- EPS before dilution SEK 0,10 (SEK 0,03)
- Cash flow from operating activities SEK 13,2 m (SEK 3,4 m)
Period January 1 – September 30, 2013
- Net sales SEK 210,1 m (SEK 113,8 m, pro forma SEK 222,7 m)
- System revenue SEK 142,2 m (SEK 89,0 m, pro forma SEK 145,0 m)
- EBITDA SEK 44,2 m (SEK 30,5 m, pro forma SEK 46,2 m)
- EBITDA margin 21,0 % (26,8 %, pro forma 20,7 %)
- EBIT SEK 16,6 m (SEK 10,5 m)
- Net profit SEK 7,2 m (SEK 5,1 m)
- Lowering of the Danish company tax has affected the net profit negatively by SEK 1,8 m (equivalent to SEK -0,04 per share)
- EPS before dilution SEK 0,14 (SEK 0,15)
- Cash flow from operating activities SEK 40,5 m (SEK 14,2 m)
Download the full interim report at www.formpipe.com
For additional information, contact:
Christian Sundin, President and CEO of Formpipe, +46 705 67 73 85
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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 Friday, October 25, 2013.
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 Stockholm, Uppsala and Linköping in Sweden, and in Copenhagen, Denmark. The Formpipe share is listed on NASDAQ OMX Nordic, Small Cap.