Quote from the managing director Fredrik Tumegård:
«Stable profitability in the base business on the continued restrained market in the fourth quarter of 2017.»
The fourth quarter of 2017
Net sales amounted to sek 117.5 M (133,0), which corresponded to a reduction of -11,7% compared with the same period of the previous year. The decrease in comparable currencies amounted to -8,3%.
Operating profit amounted to SEK 0.7 m (12,9)*, which corresponded to an operating margin of 0.6 percent (9.7).
Net income amounted to sek -2,1 MILLION (5,7)*. Net financial items gottskrevs 1.7 MILLION (-6,3) relating to remeasurement of synthetic option program.
Earnings per share before and after dilution, amounted to sek -0,01 (0,01).
Total cash flow amounted to sek 19.5 MILLION (7,3).
January — December 2017
Net sales amounted to sek 426,7 MILLION (503,5), which corresponded to a reduction about -15,2 percent. In comparable currencies, this meant a reduction of -15,1%.
Operating profit amounted to sek -9,5 MILLION (49,4)*, which corresponded to an operating margin of negative 2.2 percent (9.8).
Net income amounted to SEK 3.7 million (eur 35.2)*. Net financial items were attributed to the 14,5 MSEK (-3,2) relating to remeasurement of synthetic option program.
Earnings per share before and after dilution, amounted to 0.01 SEK (0,09).
Total cash flow amounted to -36,8 MILLION (20.9 per).
*) The group has adjusted the calculation model for the activation of spending in certain development projects. The adjustment has also been made retrospectively. For the period January-september 2017 operating profit has been adjusted with SEK-2.3 million, and net income-1.8 MILLION. For the period October-december 2016, the operating profit has been adjusted with to-0.8 M and net profit by SEK-0.6 million. For the period January-december 2016, the operating profit has been adjusted with -2,9 MILLION and net profit-2.3 MILLION.
The entire year-end report to 2017 can be found on the
For more information, please contact:
Fredrik Tumegård, CEO of Net Insight AB, +46 8 685 04 00, email@example.com
This information is such information that Net Insight is required to publish under the EU marknadsmissbruksförordning and the law on the securities market. The information was submitted, by the above contact person in the government, for publication on February 14, 2018 there is 8.45.
About Net Insight
Net Insight’s vision is to facilitate a live and interactive TV experience for all the world over. Our goal is to lead the development and enable a global mediemarknadsplats where live-content can be shared and interaction among the TV audience can be done in real-time. We want to create media experiences of the future, with a focus on content.
Net Insight delivers products, software and services for efficient, high-quality medietransport, together with effective resource planning, which creates an enhanced TV experience. Net Insight’s offering covers the whole mediespektrat, from the TV-cameras and TV-studios, right up to the TV-consumers. Our solutions benefit the service providers and the TV and production companies by lowering the total cost of ownership, improve their workflow and give them the opportunity to find new business opportunities.
More than 500 leading customers to deliver mission-critical media services over Net Insight products in over 60 countries. Net Insight is quoted on Nasdaq Stockholm.
For more information
Twitter: @NetInsight, twitter.com/NetInsight
Net Insight Bokslutskommunike 2017
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Source: Net Insight AB via Globenewswire