Ellen AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2011
March 14, 2012 at 09:44 am EDT
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Ellen AB reported earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported total operating revenue of SEK 4,262,000, operating loss of SEK 2,469,000 and loss before tax and loss for the period of SEK 2,535,000 or SEK 0.05 per share before and after dilution compared to total operating revenue of SEK 3,752,000, operating loss of SEK 2,600,000 and loss before tax and loss for the period of SEK 2,748,000 or SEK 0.06 per share before and after dilution for the same period a year ago. Cash flow from operating activities was SEK 914,000 against cash used in operating activities of SEK 1,836,000 for the same period a year ago. Acquisition of intangible assets was SEK 406,000 against SEK 328,000 a year ago. Operating loss before depreciation and amortization (LBITDA) was SEK 2,137,000 against SEK 1,951,000 for the same period a year ago.
For the year, the company reported total operating revenue of SEK 19,202,000, operating loss of SEK 5,672,000 and loss before tax and loss for the period of SEK 5,215,000 or SEK 0.10 per share before and after dilution compared to total operating revenue of SEK 15,942,000, operating loss of SEK 7,714,000 and loss before tax and loss for the period of SEK 7,815,000 or SEK 0.16 per share before and after dilution for the same period a year ago. Cash used in operating activities was SEK 2,511,000 against SEK 14,287,000 for the same period a year ago. Acquisition of intangible assets was SEK 800,000 against SEK 328,000 a year ago. Operating loss before depreciation and amortization (LBITDA) was SEK 4,540,000 against SEK 5,917,000 for the same period a year ago.
Ellen AB is a Sweden-based biotechnology company that produces probiotic sanitary protection products for women. The Companyâs main product, Ellen tampon, contains patented natural lacto acid bacteria, Lacto Naturel (LN), and is used for maintaining the vaginal health. The Ellen tampon is made of natural fibers treated with the substance LN, which consists of human lactic acid bacteria, a natural part of healthy women's defense against infections. Ellen AB distributes its products in 37 countries, including Scandinavian countries, France, Germany, Czech Republic, Spain, Portugal, Poland and Belgium, among others. As of December 31, 2011, the Company had two subsidiaries, including the wholly owned Ellen Australia pty LTD and the 70%-owned Ellen Asia LTD. As of December 31, 2011, its largest shareholder was Banque Ohman S.A. (18.73%). On July 3, 2013, it launched an online store, www.ellen.se, where customers can search for products' information and shop online.
ELLEN AB 