FormPipe Software : Interim report January – March, 2019
April 25, 2019 at 02:58 am EDT
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Net sales of SEK 96.8 m (SEK 101.2 m)
Software revenues of SEK 65.0 m (SEK 66.2 m)
Recurring revenues of SEK 60.0 m (SEK 52.2 m) which corresponds to 62 % (52 %) of net sales.
EBITDA SEK 23.0 m; 23.8 % (SEK 25.3 m; 25.0 %)
EBITDA-adj. SEK 14.0 m; 14.5 % (SEK 17.2 m; 17.0 %)
EBIT SEK 9.5 m; 9.8 % (SEK 13.6 m; 13.4 %)
Net profit SEK 6.3 m; 6.5 % (SEK 9.9 m; 9.8 %)
EPS before dilution SEK 0.12 (SEK 0.19)
Cash flow from operating activities SEK -12.5 m (SEK 20.0 m)
For additional information, contact:
Christian Sundin, President and CEO of Formpipe, +46 705 67 73 85
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 April 25, 2019.
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FormPipe Software AB published this content on 25 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 April 2019 06:57:10 UTC
FormPipe Software AB is a Sweden-based information technology (IT) company. The Company specializes in the software development within the area of enterprise content management (ECM). Its main products are Platina, a web-based information ECM product based on Microsoft; W3D3, a complete ECM platform intended for case and document management; LaserNet, a document management solution to support the switch from work and paper-intensive routines to electronic document management; Life Science, an enterprise quality management software (EQMS); Long-Term Archive, a system for preservation of digital information, and One2One, a document communication solution for insurance, bank and pension companies. The Company has four wholly owned subsidiaries, namely FormPipe Software Uppsala AB, FormPipe Software Linkoping AB, FormPipe Software A/S and FormPipe Software Skelleftea AB. On July 1, 2014, the Company completed the acquisition of the United Kingdom (UK) company GXP Limited (GXPi).