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GWS Production AB (publ) publishes interim report for third (3) quarter 2018

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Summary of interim report

“Mother company” or “GWS”, comprises of GWS Production AB with company number 556776-4674, without subsidiaries. “The Group” comprises the Mother company, including subsidiaries. At September 30, 2018, the Mother company owned 51% of the shares in Travelogix Ltd, 100% of the shares in GWS Production (Singapore) Pte Ltd, 99,99% of the shares in GWS do Brasil Solucões e Sistemas Tecnológicos em Seguranca Ltda and 35% of the shares in Carefindy AB (minority interest).

THE GROUP  

First nine months (2018-01-01 to 2018-09-30)

  • Net turnover amounted to 13 445 (10 026) TSEK, an increase with 34,1% compared to the same period last year.
  • Result after financials and minority share amounted to -6 966 (-8 830) TSEK.
  • Result per share* before dilution amounted to -0,43 (-0,61) SEK.
  • Result per share* after dilution amounted to -0,39 (-0,57) SEK.

Third quarter (2018-07-01 to 2018-09-30)

  • Net turnover amounted to 4 649 (3 518) TSEK, an increase with 32,1% compared to the same period last year.
  • Result after financials and minority share amounted to -1 870 (-2 713) TSEK.
  • Result per share* before dilution amounted to -0,11 (-0,19) SEK.
  • Result per share* after dilution amounted to -0,10 (-0,17) SEK.
  • The solidity** amounted to 57,2 (74,7) %.

THE MOTHER COMPANY

First nine months (2018-01-01 to 2018-09-30)

  • Net turnover amounted to 9 557 (6 278) TSEK, an increase with 52,2% compared to the same period last year
  • Result after financials amounted to -6 789 (-8 189) TSEK.
  • Result per share* before dilution amounted to -0,42 (-0,57) SEK.
  • Result per share* after dilution amounted to -0,38 (-0,53) SEK.

Third quarter (2018-07-01 to 2018-09-30)

  • Net turnover amounted to 3 268 (2 209) TSEK, an increase with 47,9% compared to the same period last year.
  • Result after financials amounted to -2 608 (-2 570) TSEK.
  • Result per share* before dilution amounted to -0,16 (-0,18) SEK.
  • Result per share* after dilution amounted to -0,14 (-0,17) SEK.
  • The solidity** amounted to 60,8 (79,7) %.

Amounts within brackets regard comparative period last year.

*Result per share: result is divided by an average number of shares (after dilution includes average number of share options). The average number of shares for nine months 2018: 16 155 918 (14 365 407) shares. Average number of shares for the third quarter 2018: 16 556 569 (14 365 407). Total number of shares in GWS on September 30, 2018: 16 556 569 (14 365 407) shares. The Company has issued 650 000 share options (2015/2019), of which, 427 885 have been signed for that can be converted to the same number of shares in the Company during March 2019. The Company has also issued 40 000 share options (2015/2019), all signed for, which can be converted into the same number of shares from July 8th, 2019 to July 24th, 2019.

The Company has also issued 670 000 share options (2016/2020), of which 670 000 has been signed for, which can be converted into the same number of shares in the Company during April 2020.

The Company has furthermore issued 794 000 share options (2018/2021) which can be converted into the same amount of shares from December 13th, 2021 to December 17th, 2021. 

**Solidity: Equity divided by total assets.

Significant events during the third quarter, 2018.

  •  GWS announces that 794 000 share options have been signed of series 2018/2021. The share options can be converted to shares in the Company during December 2021.

Significant events after the third quarter.

  •  Extra shareholders meeting is held 17 October 2018. Information about decisions made are specified in a press release dated 17 October 2018.
  •  Adma Förvaltnings AB, a company controlled by Greg Dingizian, invests 15 million SEK in GWS Productions AB through a directed share issue.
  •  The chairman of the board of GWS Production AB, Semmy Rülf, buys another 400 000 shares in GWS.
  •  Chubb extends its original agreement with GWS for another year until August 2021.

The full report is available on the company´s web page, www.globalwarningsystem.com 

For additional information, visit www.globalwarningsystem.com or contact

GWS CEO Andreas Rodman: +46 (0) 708 - 10 13 16. andreas.rodman@globalwarningsystem.com

About GWS Production AB and Safeture

GWS, Global Warning System, was founded in 2009, triggered by the experience with a global SARS epidemic, the 2004 Indian Ocean tsunami and the Mumbai terror attacks. The company offers a mobile device based, personal security service Safeture, in order to protect the traveler by real-time tracking and providing valuable real-time information about disasters and other threats that could impact on the traveler.

The GWS share is listed on NASDAQ First North Stockholm. Erik Penser Bank AB is the Certified Advisor.

This information is information that GWS Production AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 13.00 CET on 2018-11-28 

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Global Warning System Safeture

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