NeoNet’s Interim Report, 1 January – 30 September 2001

NeoNet’s Interim Report, 1 January – 30 September 2001 The Period in Summary The Quarter Third-quarter revenues grew 13% year on year, from SEK 34.3 m to SEK 38.9 m Earnings before tax increased to SEK 0.3 m from SEK -2.3 m last year. Market share gains on all stock markets where NeoNet has link-ups. Nine-month Period Transaction revenues grew by 20% to SEK 136.9 m. 18% (8%) of the revenues sourced from US clients. Transaction revenue gains for the most recent 12 months were 29% on the previous 12 months. Operating earnings before depreciation and net interest amounted to SEK 23.6 m (29.2 m). Earnings before tax amounted to SEK 7.5 m (9.2 m). NeoNet's earnings per share were SEK 0.14 (0.16). The share of electronic order routing grew by 23 percentage points, to 69% (46%), of transaction revenues in the period. Of total commission income in the period, 50% (39%) was sourced from marketplaces other than the Stockholm Stock Exchange. The consolidated equity ratio was 58% (20%); liquid assets at the end of the quarter stood at SEK 308.4 m (114.2 m). NeoNet established an electronic connection to the London Stock Exchange in late January. In the third quarter, revenues from trading on the LSE comprised 7% of total. After the end of the period Direct electronic trading on Euronext Paris started after the end of the period; the trading start on Euronext in Amsterdam and Brussels is scheduled for November. The agreement signed earlier this year with Orc Software has resulted in a system integration that is now finalized. Some of Orc Software’s clients have now started to trade through NeoNet. NeoNet reached an agreement regarding NeoNet clients’ electronic order routing on Nasdaq stocks from the second quarter of next year. The Milan Stock Exchange and virt-x will be connected to NeoNet’s electronic exchange network during next year. The trading access to NYSE is planned during 2003. Further information available from: Torvald Bohlin, Chief Executive Officer Tel: +46 (0)8 454 1539 torvald.bohlin@neonet.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile.aspx?id=113573&fn=wkr0001.pdf The full report