Orc Software AB – Year-end financial report January 1 – December 31, 2006

October-December 2006
• Revenue SEK 111 (79) million
• Operating income SEK 21 (13) million
• Operating income SEK 24 (14) million after adjustments for items affecting comparability and foreign exchange effects
• Operating margin 19.1 (17.0) percent
• Operating margin 22.2 (18.1) percent after adjustments for items affecting comparability and foreign exchange effects
• Income after taxes SEK 17 (8) million
• Earnings per share SEK 1.13 (0.54)

Full year 2006
• Revenue SEK 418 (278) million
• Operating income SEK 67 (28) million
• Operating income SEK 84 (27) million after adjustments for items affecting comparability and foreign exchange effects
• Operating margin 16.1 (9.9) percent
• Operating margin 20.9 (10.4) percent after adjustments for items affecting comparability and foreign exchange effects
• Income after taxes SEK 51 (20) million
• Earnings per share SEK 3.30 (1.40)


Significant events
• Strong sales during the quarter and the year in total
- the annual value of existing client contracts increased by 11 percent from SEK 311 million to SEK 346 million during the quarter and by 30 percent pro forma during the year in total
• The Board of Directors proposes a dividend for 2006 of SEK 2.00 per share