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Fingerprint Cards AB (publ), Corp. Reg. No. 556154-2381, (FPC)
Third quarter 2012:
• Sales totaled SEK 2.6 M (20.2).
• According to the new calculation method, a gross loss of SEK 0.9 M (profit: 10.0) was reported.
• According to the former calculation method, gross profit of SEK 2.1 M (11.9) would have been reported.
• The loss after financial items amounted to SEK 9.7 M (profit: 4.3).
• According to the new calculation method, the gross margin was minus 34% (+50%).
• According to the former calculation method, the gross margin would have been 83% (59 %).
• The loss per share totaled SEK 0.22 (profit: 0.10).
• Forecast for full-year 2012: very low sales during the second half of 2012.
• Henrik Storm was appointed VP Customer Projects and became a memeber of the management team.
• CEO Johan Carlström sold 100,000 shares to finance the purchase of 2,308, 000 warrants.
• A resolution was taken at an Extraordinary General Meeting to implement a private placement of warrants for existing staff. The placement was subscribed for in full.
Interim period, January-September 2012
• Sales totaled SEK 8.4 M (50.0).
• According to the new calculation method, a gross loss of SEK 4.2 M (profit: 23.8) was reported.
• According to the former calculation method, gross profit of SEK 5.0 M (29.1).
• The loss after financial items amounted to SEK 28.5 M (profit: 2.7).
• According to the new calculation method, the gross margin was minus 50% (+48%).
• According to the former calculation method, the gross margin would have been 60% (58%).
• The loss per share was SEK 0.65 (profit: 0.07)
• Cash and cash equivalents at the period-end amounted to SEK 25.9 M (27.4).
• The order backlog at September 30 was SEK 0.0 M (24.4).
Notable events at the close of the reporting period:
• FPC received a Design-Win award from a mobile phone manufacturer in Japan.
• FPC strengthened its organization in Taiwan.
• CEO Johan Carlström acquired 240,000 shares during the period Sept. 28 – Oct. 5, 2012.
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 November 7, 2012, at. 8.00 am.
Key information
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