Q-FREE ASA – FOURTH QUARTER RESULT 2009
Q-Free achieved record high revenues and profitability in the fourth quarter 2009."We are pleased to present to our shareholders and employees all time high revenues and profitability this quarter. This is clearly the best motivation factor we can get", CEO Dr. Øyvind Isaksen comments. Highlights from the quarter - Record high revenues, 270.3 MNOK – 127 % growth compared to Q4-08 - Record high operating profit of 47.5 MNOK – 17.6% margin - Record high profit before tax amounted to 46.2 MNOK, - 17.1% margin - Gross margin of 65.3 % - Cash flow from operations, 34.8 MNOK - Order intake of 99