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Record Order from China and Proactive Partnership Agreements, Although Lower Sales - Fingerprint Cards AB (publ), Corp. Reg. No. 556154-2381, (FPC) - Fingerprints.com
Record Order from China and Proactive Partnership Agreements, Although Lower Sales

 

NewswireToday - /newswire/ - Gothenburg, Sweden, 2012/04/26 - Fingerprint Cards AB (publ), Corp. Reg. No. 556154-2381, (FPC) - Fingerprints.com.

   
 
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First quarter, 2012:
- Sales totaled SEK 5.2 M (12.8).
- According to the new calculation method, a gross loss of SEK 0.3 M (profit: 5.2) was reported.*
- According to the former calculation method, gross profit of SEK 2.8 M (6.8) would have been reported.*
- The loss after financial items amounted to SEK 9.0 M (loss: 1.7).
- According to a new calculation method, the gross margin was minus 5% (+40).*
- According to the former calculation method, the gross margin was 53% (53).*
- The loss per share totaled SEK 0.21 (loss: 0,04).
- Cash and cash equivalents at the period-end amounted to SEK 28.5 M (14.9).
- The order backlog at March 31 was SEK 46.3 M (14.1).
- FPC secured a record order in China valued at SEK 44 M.
- Investigation into suspicion of serious insider trading at FPC.
- Partnership agreement reached with a globally leading module company whose sales target is 20-40 million units between 2012 and 2014.
- The forecast for 2012 remains unchanged. The second quarter also appears weak in terms of sales. Prospects appear brighter for the second half-year and the fourth quarter in particular.

Notable events at the close of the reporting period:
- FPC appointed Carnegie as a liquidity provider.

* Refer to comment on page 2 under Sales, earnings and order backlog.

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 April 26, 2012, at. 8.00 am.

Key information
Issuing, publishing or distributing this press release may be subject to restrictions in certain jurisdictions. Recipients of this press release are responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or invitation to acquire or subscribe for new securities in Fingerprint
Cards in any jurisdiction.

 
 
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Written by / Agency / Source: Fingerprint Cards AB

 
 

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Record Order from China and Proactive Partnership Agreements, Although Lower Sales

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