INVISIO Communications Year-End Report January – December 2013

18 February 2014 · Regulatory · Press Release · Report

Stockholm, February 18, 2014

A doubling of sales, profit within reach

INVISIO (IVSO) has published its Year-End Report for January to December 2013. Among the main events are a doubling of sales for the year and a record order from TCAPS within the U.S. Army worth SEK 40 m. The order backlog per December 31 amounts to SEK 50 m. The full report can be downloaded at www.invisio.com.

Lars Højgård Hansen, CEO INVISIO, comments:

“INVISIO’s sales doubled in 2013 compared to 2012, from SEK 43.0 m to SEK 85.3 m. Thus, 2013 is the sixth consecutive year with increased sales within INVISIO’s focus since 2008: The global niche for ad-vanced systems for hearing protection and interference-free communication in difficult conditions. Not only our sales have increased; our technology leadership in the industry has been fortified.”

SEK m Q4
2013
Q4
2012
Jan-Dec 2013 Jan-Dec
2012
Total income 24.8 17.9 85.3 43.0
Gross Profit 9.3 7.4 37.0 18.1
Gross Margin (%) 37.4 41.1 43.5 42.1
EBITDA -3.8 -4.6 -5.3 -20.6
Operating Profit/Loss -4.5 -6.4 -10.5 -25.8
Profit/Loss after tax -3.1 -7.9 -10.5 -29.5
Profit/Loss per share (SEK) -0.08 -0.22 -0.27 -0.83

Important Events October – December

  • Largest order so far of SEK 40 m was received in October. The order is for the military program TCAPS, administered by PEO Soldier within the U.S. Army.
  • An additional order of SEK 4.8 m was received from a NATO country’s army
  • An order from Australia of approximately SEK 4.8 m through the distribution partner Defcon Technologies.
  • An order of SEK 7.6 m was received from a NATO-country.
  • The financial position was strengthened through two directed share issues of approximately SEK 10 m and SEK 5.7 m and a prolongation in the amortization plans.
  • Outgoing backlog amounted per December 31 to SEK 50.

Important Events After the Period

  • An order of SEK 5.2 m on a number of units of the communication systems INVISIO V60 was received from a NATO country.
  • An order from Australia of approximately SEK 1.8 m through the distribution partner Defcon Technologies.

For more information about INVISIO, please visit www.invisio.com.

For additional information, please contact:

Lars Højgård Hansen, CEO INVISIO Communications

Mobile: + 45 53 72 7722

E-mail: lhh@invisio.com

About INVISIO Communications AB

INVISIO Communications AB is a public company listed on the NASDAQ OMX First North Premier Segment (ticker code: IVSO) an alternative market on NASDAQ OMX Stockholm. INVISIO specializes in voice communications in difficult conditions. The company develops, manufactures, markets and sells communication solutions, such as advanced headsets control units and accessories for use with two-way radio. Our solutions are primarily for professional users who often work in difficult environments. The customers are for example found in the military and military Special Forces, police and SWAT teams, emergency services, the security sector, and various industries throughout the world. Additional information is available on the company’s website at www.invisio.com. Mangold Fondkommission AB is Certified Adviser for INVISIO Communications AB.

Attachment

Press releases

INVISIO Interim report January – September 2024: Strong order intake and sales

24 October 2024

Investor Relations

Regulatory

Report

Invitation to INVISIO Q3 2024 conference call

17 October 2024

Investor Relations

Non-regulatory

INVISIO receives SEK 170 million order from a US Defense Department organization

14 August 2024

Investor Relations

Regulatory

Calendar

Year-end Report 2024

February 13, 2025

Interim report January–March 2025

May 6, 2025

AGM 2025

May 6, 2025

All events

IR-contact

Michael Peterson

Michael Peterson

Director Investor Relations & Corporate Communications
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