Q-FREE FOURTH QUARTER AND FULL YEAR 2014 RESULTS
Q-Free reported revenues of NOK 258 million for the fourth quarter of 2014, up 71 percent from the corresponding quarter in 2013. Operating profit before depreciation and amortisation (EBITDA) improved to NOK 26.2 million from NOK -33.9 million, EBIT improved to NOK 4.3 million from NOK -49.8 million.The strong revenue growth in the fourth quarter reflects a substantial increase in sales within the ATMS business following the acquisition of US-based Open Roads by the end of the third quarter 2014, and an increase in product revenues. For the full year 2014, revenues increased by 30
