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The Qt Group provides additional financial information on the acquisition of the business operations of froglogic GmbH

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Stock Exchange Release April 14, 2021 2:00 pm (EEST)

With the stock exchange release of April 13, 2021, Qt Group announced that is has acquired all the shares in Germany-based froglogic GmbH. The Qt Group supplements the financial information regarding the acquired entity with the following information:

  • Revenue 2020: EUR 6.5 million (2019: EUR 6.4 million)
  • Earnings before interests and taxes (EBIT) 2020: EUR 2.7 million (2019: EUR 2.7 million)
  • EBIT - margin 2020: 41.3% of revenues (2019: 42.6% of revenues)
  • Trade receivables 31.12.2020:  EUR 0.5 million (2019: EUR 0.6 million)
  • Cash & equivalents 31.12.2020:  EUR 2.4 million (2019: EUR 3.0 million)
  • Total Assets 31.12.2020: EUR 3.2 million (2019: EUR 3.8 million)

Further information 

Juha Varelius, CEO, tel. +358 9 8861 8040 

DISTRIBUTION 
NASDAQ Helsinki 
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