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Written by / Agency / Source: Fingerprint Cards AB

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Fingerprint Cards AB - Full-year Profit, Two Design Wins and Record-breaking Order - Fingerprint Cards AB (publ), corp. reg. no.: 556154-2381, (FPC) - Fingerprints.com
Fingerprint Cards AB - Full-year Profit, Two Design Wins and Record-breaking Order

 

NewswireToday - /newswire/ - Gothenburg, Sweden, 2012/02/09 - Fingerprint Cards AB (publ), corp. reg. no.: 556154-2381, (FPC) - Fingerprints.com.

   
 
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Fourth quarter, 2011:

• Sales rose to SEK 18.6 M (18.2).
• Gross profit increased to SEK 9.7 M (9.1).
• Profit after financial items amounted to SEK 0.7 M (1.0).
• The gross margin increased to 52% (50%).
• Earnings per share amounted to SEK 0.02 (0.03).
• A resolution was adopted at an extraordinary general meeting concerning a private placement of warrants to existing personnel and newly recruited key personnel. The issue was fully subscribed.
• The swipe sensor FPC1080A put into mass production.
• Thomas Rex employed as Senior Vice President Sales and Marketing.
• FPC signed framework agreement with major mobile manufacturers.
• FPC signed ODM agreement for incorporation into platforms for mobiles and tablets.

Full-year January-December, 2011

• Sales rose to SEK 68.6 M (60.9).
• Gross profit for the full-year increased to SEK 38.7 M (30.8).
• Profit after financial items increased to SEK 3.4 M (2.0).
• The gross margin increased to 56% (51%).
• Earnings per share increased to SEK 0.08 (0.05).
• Cash and cash equivalents at the end of the year totaled SEK 23.0 M (30.8).
• The order backlog at December 31, 2011 totaled SEK 6.1 M (11.0).

Notable events at the close of the reporting period:

• Largest order ever of SEK 44 M received from HST, concerning area and swipe sensors for delivery in 2012.
• Full-year sales for 2012 are expected to be between SEK 70-90 M, with a continued strong gross margin and order bookings between SEK 100-140 M.

Fingerprint Cards AB (FPC) is listed on Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg, Sweden.

Publication pursuant to Swedish legislation: Fingerprint Cards AB (publ) discloses this information pursuant to the Securities Market Act (2007:528) and/or the Financial Instruments Trading Act (1991:980). The information was issued for publication on February 9, 2012, at. 8.00 am.

 
 
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Written by / Agency / Source: Fingerprint Cards AB

 
 

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Fingerprint Cards AB - Full-year Profit, Two Design Wins and Record-breaking Order

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Fingerprint Cards AB |
Publisher Contact: Johan Carlström - Fingerprints.com 
+46(0)31-607820 investrel[.]fingerprints.com
 
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