Fourth quarter 2023
- Revenue was
SEK 255 million (262), corresponding to an organic decline of 4% - Gross margin was 74% (78%)
-
Operating result (EBIT) was
SEK -14 million (9). Adjusted for M&A costs ofSEK 31 million EBIT wasSEK 16 million , reaching Tobii's profitability target for the quarter -
Profit/loss for the quarter amounted to
SEK -29 million (-9) -
Earnings per share amounted to
SEK -0.27 (-0.08) -
Cash flow after continuous investments amounted to
SEK -26 million (147)
January-
- Revenue was
SEK 758 million (776), corresponding to an organic decline of 6% - Gross margin was 75% (76%)
-
Operating result (EBIT) was
SEK -184 million (-122). Adjusted for M&A costs ofSEK 31 million EBIT wasSEK -153 million -
Profit/loss for the period amounted to
SEK -198 million (-99) -
Earnings per share amounted to
SEK -1.87 (-0.94) -
Cash flow after continuous investments amounted to
SEK -119 million (-32)
Significant events during and after the quarter
- On
13 December 2023 , Tobii entered into an agreement to acquireAutoSense , strategically enhancing the position in Automotive Interior Sensing. Simultaneously, a planned rights issue ofSEK 300 million in the first quarter of 2024 was announced. -
The acquisition was completed on
31 January 2024 . -
New financial targets were announced on
1 February 2024 .
CEO
"We are pleased that we ended the year on a positive note, reaching our EBIT profitability target for Q4 2023 excluding costs related to the
We have now closed the acquisition of
We have also announced plans to finance our operational expenses for our
These strategic changes considerably enhance Tobii's overall position. As previously communicated, we expect to deliver a significantly improved EBIT result in 2024. We have set new financial targets which replace our existing targets. Aligned with our commitment to profitability, we target a positive cash flow and an EBIT margin of around 10% in 2026 and an EBIT margin of around 20% in 2028."
Q4 presentation today at
Tobii's CEO
Link to the webcast
Please make sure you are connected to the webcast by logging in and registering a few minutes before the presentation begins. It will be possible to ask questions.
The presentation material will be available at Tobii's website. The interim report and a recording of the webcast will be available on the same page.
For more information, please contact:
Carolina Strömlid, Head of Investor Relations,
This information is information that
About Tobii
Tobii is the global leader in eye tracking and pioneer of attention computing. We are on a mission to improve the world with technology that understands human attention and intent. Creating tech for a better future, our technologies and solutions apply to areas such as behavioral studies and research, healthcare, education and training, gaming, extended reality, automotive, and many more. Tobii's eye tracking is used by thousands of enterprises, universities, and research institutes around the globe. Headquartered in
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