Micro Systemation AB Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016 and Parent Earnings Results for the Full Year Ended December 31, 2016
January 31, 2017 at 12:30 pm IST
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Micro Systemation AB reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016 and parent earnings results for the full year ended December 31, 2016. For the quarter, on consolidated basis, the company reported net sales of SEK 71.9 million against SEK 65.2 million a year ago. Operating profit - EBIT was SEK 21.3 million against SEK 18.2 million a year ago. Profit before tax was SEK 22.3 million against SEK 19.2 million a year ago. Net profit after tax was SEK 17.1 million against SEK 15.9 million a year ago. Return on equity was 17.5% against 20.7% a year ago. Cash flow from operating activities was SEK 16.2 million or SEK 0.88 per share against SEK 20.5 million or SEK 1.12 per share a year ago. Investments in fixed assets were SEK 0.4 million against SEK 0.6 million a year ago. Diluted earnings per share were SEK 0.93 against SEK 0.87 a year ago.
For the full year, on consolidated basis, the company reported net sales of SEK 242.4 million against SEK 226.9 million a year ago. Operating profit - EBIT was SEK 58.5 million against SEK 56.4 million a year ago. Profit before tax was SEK 60.7 million against SEK 58.6 million a year ago. Net profit after tax was SEK 45.4 million against SEK 45.1 million a year ago. Return on equity was 46.3% against 58.6% a year ago. Cash flow from operating activities was SEK 52.2 million or SEK 2.84 per share against SEK 57.6 million or SEK 3.16 per share a year ago. Investments in fixed assets were SEK 0.7 million against SEK 2.3 million a year ago. Diluted earnings per share were SEK 2.46 against SEK 2.48 a year ago.
For the full year, on parent basis, the company reported net sales of SEK 184.1 million against SEK 169.1 million a year ago. Operating profit - EBIT was SEK 52.8 million against SEK 48.3 million a year ago. Profit before tax was SEK 57.4 million against SEK 50.5 million a year ago. Net profit after tax was SEK 45.2 million against SEK 39.3 million a year ago.
Micro Systemation AB (publ) is a Sweden-based company engaged in the development, production, marketing and sell of forensic technology for mobile device examination. The Company provides a software application, named XRY, which enables investigators to retrieve data, such as pictures, Short Message Services (SMS), call history, contact lists and applications, from a range of mobile devices, including smartphones, portable music players, Global Positioning System (GPS) navigation devices, as well as tablet processors. Its product portfolio comprises XRY Complete, XRY Logical, XRY Physical, and XRY Field Version, among others. Furthermore, It offers XAMN, an analytical tool, designed for visualizing mobile device forensic files. The Company cooperates with a number of entities, such as Contego Solutions, EMT Electronics Ltd, Fulcrum Asia, MC Systems and DataExpert. It is a parent of Micro Systemation Ltd, MSAB Incorporated, and Micro Systemation HK Ltd, among others.
Micro Systemation AB Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016 and Parent Earnings Results for the Full Year Ended December 31, 2016