Recurring revenue in percentage of net sales 46.3 % (42.5 %)
EBITDA SEK 25.9 m; 23.4 % (SEK 30.3 m; 28.4 %)
EBITDA-adj. SEK 17.4 m; 15.7 % (SEK 21.6 m; 20.2 %)
EBIT SEK 14.7 m; 13.3 % (SEK 15.8 m; 14.8 %)
Net profit SEK 10.5 m; 9.5 % (SEK 11.5 m; 10.8 %)
EPS before dilution SEK 0.20 (SEK 0.22)
Cash flow from operating activities SEK 60.9 m (SEK 46.9 m)
Period January 1 – December 31, 2017
Net sales SEK 390.2 m (SEK 378.7 m)
System revenue SEK 248.3 m (SEK 248.2 m)
Recurring revenue in percentage of net sales 50.0 % (47.2 %)
EBITDA SEK 85.8 m; 22.0 % (SEK 88.0 m; 23.2 %)
EBITDA-adj. SEK 48.9 m; 12.5 % (SEK 58.8 m; 13.4 %)
EBIT SEK 37.7 m; 9.7 % (SEK 29.7 m; 7.8 %)
Net profit SEK 24.8 m; 6.4 % (SEK 22.8 m; 6.0 %)
EPS before dilution SEK 0.48 (SEK 0.43)
Cash flow from operating activities SEK 95.1 m (SEK 72.2 m)
The board proposes a dividend of SEK 0.50 per share (SEK 0.30)
For additional information, contact: Christian Sundin, President and CEO of Formpipe, +46 705 67 73 85
For the full report, see attached PDF. ___________________________________________________________________________
This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.
This information is inside information that Formpipe Software AB (publ) is obliged 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 08.45 February 14, 2018.
Formpipe develops ECM products and solutions for structuring information and supplies them to major companies, authorities and organisations. ECM products help organisations to capture, manage and distribute information, and to place it in context. The company’s software helps improve efficiency, cut costs and reduce risk exposure. Formpipe was founded in 2004 and has offices in Sweden, Denmark, United Kingdom, The Netherlands and USA. The Formpipe share is listed on NASDAQ Stockholm.