
Net Insight Year-end report January December 2017 14th February 2018
Quote from CEO Fredrik Tumeg rd: Stable profitability in core business under continued cautious market conditions in Q4 2017. Fourth quarter 2017
Net sales amounted to SEK 117.5 (133.0) million, a decrease of -11.7 percent year-on-year. In comparable currencies, the decrease was -8.3 percent.
Operating earnings amounted to SEK 0.7 (12.9) million*, corresponding to an operating margin of 0.6 (9.7) percent.
Net income was SEK -2.1 (5.7) million*. Net financial items were positively affected by SEK 1.7 (-6.3) million for the revaluation of synthetic options.
Earnings per share, diluted and basic, was SEK -0.01 (0.01).
Total cash flow was SEK -19.5 (7.3) million.
January December 2017
Net sales amounted to SEK 426.7 (503.5) million, a decrease of -15.2 percent. In comparable currencies, the decrease was -15.1 percent.
Operating earnings amounted to SEK -9.5 (49.4) million*, corresponding to an operating margin of -2.2 (9.8) percent.
Net income was SEK 3.7 (35.2) million*. Net financial items were positively affected by SEK 14.5 (-3.2) million for the revaluation of synthetic options.
Earnings per share, diluted and basic, was SEK 0.01 (0.09).
Total cash flow was SEK -36.8 (20.9) million.
*) The Company has adjusted its calculation method for capitalized development expenditure in certain development projects. The adjustment has been applied retroactively. For the period January-September 2017, operating earnings were adjusted by SEK -2.3 million and net income by SEK -1.8 million. For the period October-December 2016, operating earnings were adjusted by SEK -0.8 million and net income by SEK -0.6 million. For the period January-December 2016, operating earnings were adjusted by SEK -2.9 million and net income by SEK -2.3 million. The full Year-end report 2017 can be found on netinsight.net About Net Insight Net Insight's vision is to enable a live and interactive media experience for anyone on earth. Our aim is to lead progress and enable a global media marketplace where live content can be exchanged and interaction among TV audiences can take place in real-time. We want to create the media experience of the future, centered on content. Net Insight delivers products, software and services for effective, high-quality media transport, coupled with the effective management of resources, all, which creates an enhanced TV experience. Net Insight's offerings span across the entire media spectrum, starting from TV cameras and TV studios, right through to the TV consumers. Our solutions benefit network operators, and TV and production companies, by lowering total cost of ownership, improving their workflow efficiencies and providing them with the ability to capture new business opportunities. More than 500 world-class customers run mission critical media services using Net Insight's solutions, covering more than 60 countries worldwide. Net Insight is listed on Nasdaq Stockholm. For more information, please visit netinsight.net Twitter: @NetInsight, twitter.com/NetInsight LinkedIn: www.linkedin.com/company/net-insight/ Net Insight Year end report 2017
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