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Safeture AB (publ) publishes interim report for third (3) quarter 2019

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Summary of interim Report

“Parent company” or “Safeture”, comprises of Safeture AB with company number 556776-4674, without subsidiaries. “The Group” comprises the Parent company, including subsidiaries. On September 30, 2019, the Parent company owned 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 (2019-01-01 to 2019-09-30)

  • Net turnover amounted to 16 132 (13 445) TSEK, an increase of 20,0% compared to the same period last year.
  • Result after financials and minority share amounted to -11 221 (-6 966) TSEK.
  • Result per share* before dilution amounted to -0,48 (-0,43) SEK.
  • Result per share* after dilution amounted to -0,44 (-0,39) SEK.

Third quarter (2019-07-01 to 2019-09-30)

  • Net turnover amounted to 5 610 (4 649) TSEK, an increase of 20,7 % compared to the same period last year.
  • Result after financials and minority share amounted to -2 215 (-1 870) TSEK.
  • Result per share* before dilution amounted to -0,10 (-0,11) SEK.
  • Result per share* after dilution amounted to -0,09 (-0,10) SEK.
  • The solidity** amounted to 48,9 (57,2) %.

THE PARENT COMPANY

First nine months (2019-01-01 to 2019-09-30)

  • Net turnover amounted to 11 131 (9 557) TSEK, an increase of 16,5% compared to the same period last year
  • Result after financials amounted to -12 557 (-6 789) TSEK.
  • Result per share* before dilution amounted to -0,54 (-0,42) SEK.
  • Result per share* after dilution amounted to -0,49 (-0,38) SEK.

Third quarter (2019-07-01 to 2019-09-30)

  • Net turnover amounted to 4 153 (3 268) TSEK, an increase of 27,1% compared to the same period last year.
  • Result after financials amounted to -3 746 (-2 608) TSEK.
  • Result per share* before dilution amounted to -0,16 (-0,16) SEK.
  • Result per share* after dilution amounted to -0,15 (-0,14) SEK.
  • The solidity** amounted to 49,2 (60,8) %.

Amounts within brackets regard the corresponding period last year.

*Result per share: The result is divided by the average number of shares (after dilution includes average number of share options). Total number of shares on September 30, 2019: 23 193 737 (16 556 569) shares. Average number of shares for the third quarter 2019: 23 193 737 (16 556 569). Total number of shares in Safeture on December 31, 2018: 23 193 737 (15 945 407) shares.  The Company has issued 40 000 share options (2015/2019), all signed for, which could be converted into the same number of shares from July 8th, 2019 to July 24th, 2019. It should be noted that these share options were not converted in July, 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. Finally the company has issued 1 070 880 share options (2019/2022) which can be converted into the same amount of shares from July 18th 2022 to July 29th 2022.

**Solidity: Equity divided by total assets.

Significant events during the third quarter, 2019.

  • On July 17, an extraordinary shareholder meeting decided on a directed issue of share options to employees, key personnel and the board of directors. More information about the decision can be found in a press release from July 17 on the company´s web site
  • Safeture and Fire Design Resiliens AB announce a cooperation in the area of risk- and crisis management.
  • In July, the CHUBB travel safety solution, developed by Safeture, won the Stevie Silver award in Vienna. The jury appraised the application as “very informative,  and a great tool for companies who wants to protect their employees when travelling”.
  • On September 20, an extraordinary shareholder meeting decided to sell Travelogix Ltd, a UK-based travel software company. The transaction is part of the plan to direct future investments to the core enterprise offering. More information about the decision can be found in a press release from September 20 on the company’s web site.
  • Safeture signs an agreement with Falck Global Assistance in Finland to develop a new medical focused version of the Safeture Pro app.

Significant events after the third quarter.

  • On October 8, Adma Förvaltnings AB acquire additionally 1,2 million shares in Safeture AB. The investment entail that Adma Förvalnings AB controls 35,1% of the shares. A take-over offer of 10 SEK/share to the remainder of the share holders was announced on October 25 and is valid until November 25.  

For additional information contact Safeture CEO Magnus Hultman 

+46 706 00 81 66.  magnus.hultman@safeture.com

Safeture AB 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 unique security software-based platform: Safeture is a new, complete way to take control of employee safety with a state-of-the-art technology. The Safeture share is listed on NASDAQ First North Growth Market, Stockholm (ticker: SFTR). Erik Penser Bank AB is the Certified Adviser. Ph: +46 8-463 83 00 E-mail: certifiedadviser@penser.se.

This press release is information that Safeture 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 08.30 CET on 2019-11-29

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