Net Insight AB :NET INSIGHT YEAR-END REPORT JANUARY-DECEMBER 2014
A Statement from CEO Fredrik Tumeg rd:
"The fourth quarter was good with growth of 17%, and the full year 2014 was very good, when we achieved growth of 35% overall. The global moving image market is continuing to grow and media companies are investing to be able to compete for viewers. We re looking forward to continued growth, but also realize that the competition is very intense."
Fourth quarter of 2014
Net sales were SEK 91.8 (78.8) million, an increase of 16.5%. In comparable currencies, the increase is 11.3%.
Operating earnings were SEK 5.6 (-14.3) million, corresponding to an operating margin of 6.1% (-18.1).
Operating earnings adjusted for one-time charges were SEK 5.6 (4.4) million, corresponding to an operating margin of 6.1% (5.6).
EBITDA was SEK 8.0 (-14.3) million, corresponding to an EBITDA margin of 8.7% (-18.1).
Earnings per share were SEK 0.01 (-0.03).
Total cash flow was SEK 21.2 (21.4) million.
January - December 2014
Net sales were SEK 379.1 (280.8) million, an increase of 35.0% year on year. In comparable currencies, the increase was 26.9%.
Operating earnings were SEK 53.6 (-9.7) million, corresponding to an operating margin of 14.1% (-3.4).
Operating earnings adjusted for one-time charges were SEK 53.6 (8.9) million, corresponding to an operating margin of 14.1% (3.2).
EBITDA was SEK 67.1 (-8.6) million, corresponding to an EBITDA margin of 17.7% (-3.1).
Earnings per share were SEK 0.11 (-0.02).
Total cash flow was SEK 90.6 (17.9) million.
CEO STATEMENT
The final quarter of 2014 was good, and the full year 2014 very good. In the full year 2014, we grew by 35%, or 27% currency adjusted, with an operating margin of 14%, so we are very satisfied. The main explanation was a number of major business win in the first half-year. But the fourth quarter was also good, with increased sales of 17% and a number of new business accounts. We also succeeded in generating cash flow of SEK 21 million in the final quarter and SEK 91 million in the full year. Four of the five largest customers in the quarter were new business accounts, including a strategic order for transport solutions from Rai Way, which operates a nationwide terrestrial TV network in Italy. The fourth quarter also brought successes on the interesting Latin American market, with one example being us securing a new digital terrestrial win with Antel in Uruguay. Growth in the quarter was due largely to successes in the North and South America region, which grew by 43%.
We are a growth company active in the TV-market, which is a growing market. We offer highly competitive products to part of this market, and enjoy high growth potential. Media consumers have never had so much choice, and the competition for end-customers is intensifying.
Our customers are media companies, who quite simply, need to expand their supply to compete. Consumers do not just want to watch TV on regular sets, but on all their devices. Competition for customers is driving media companies-regardless of whether they broadcast over regular TV networks or over the Internet-to invest, in production, contribution and distribution. We are really strong in the contribution layer-ensuring that the transmission between various production units works effectively and at a reasonable cost.
To an extent, growth in 2014 can be explained by a number of major deals. After extensive sales work, the Switch and Zayo placed major orders, which means we are hopeful of being able to grow on the attractive North American market. The Switch is offering an attractive service, enabling media companies to order precisely the transmission capacity they need between production units and then pay for actual use, via a web interface. There is no longer any need to lease dedicated connections, which must be paid for regardless of whether capacity is used or not.
The entire media market is in a major transformation, whose most obvious feature is the growth of web TV services. But in tandem with this, traditional TV companies are investing heavily to avoid losing customers, and all companies need to buy films, series and live events to compete. The Sochi Winter Games were an example-such events are becoming increasingly important for attracting viewers and are where most of our customers use our equipment for effective media transport.
The new high-resolution image format-4K-requires far more capacity than standard resolution images or HDTV, which is also triggering heavy investment. The next standard-8K-is just around the corner. We launched a transport solution for both 4 and 8K in the year because we noted how display manufacturers are hard launching 4K displays, with media companies following in their wake with content. There is a very pressing need to get more capacity for your money, and that is where our solutions are well placed. What we sell is efficiency.
We have very competent professionals, but are also active in a high-paced sector, and should never underestimate the need for competence development and new impulses. There are two segments where we are established: Broadcast & Media Networks (BMN) is our most important business area, where we have most of our business. This is where we intend to strengthen our positioning. Digital Terrestrial TV (DTT) is a core business, but most DTT networks are built, and investments there tend to be upgrades. We also have strong positioning here and need to retain it. There is potential in developing countries, where terrestrial networks do not face competition from other types of cable or wired TV, while DTT is not built out yet. Cable TV & IP TV, where we remain small but our products fit well, is a third segment. Over The Top (TV streamed over the Internet) is a fairly new market. The demand for secure, high-quality transmission is increasing
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
06/09/2026
June 9 2026, 23:00 (PDT) Dolby and MagentaTV Bring Fans Closer to the FIFA Worl...
04/08/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
04/07/2026
Blackmagic Design Cameras Empower Youth Broadcasting Program
Brie Clayton July 3, 2026
0 Comments
Blackmagic Pocket Cinema Camera 6K Pro and Blackmagi...
04/07/2026
iZotope Joins Boris FX
Boris Yamnitsky July 3, 2026
0 Comments
iZotope, the team behind RX and Ozone, is joining Boris FX. A letter from founder Boris...
04/07/2026
April 7 2026, 19:00 (PDT) Detective Conan: Fallen Angel of the Highway Opens in...
03/07/2026
New bundle & three Single Packs
Continuing to expand their already sizeable orchestral collection, VSL's latest release introduces three new Single Pack...
03/07/2026
Venue installs new ATC-equipped control room
LSO St Luke's, a unique music venue that also serves as the home of the London Symphony Orchestra, have rec...
03/07/2026
Caden Pearson appointed new Commissioning Editor for NITV
3 July, 2026
Media releases
National Indigenous Television (NITV) has strengthened its commitment...
03/07/2026
1 February 2023
SHARE Facebook Twitter Linkedin Email
Munich, Germany, 1st February 2023: Cinegy GmbH, the premier provider of software technology for digit...
03/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
03/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
03/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
03/07/2026
Death Star
Andy Marken July 2, 2026
0 Comments
Look, I can't get involved. I've got work to do. It's not that I like the Empire; I hate i...
03/07/2026
Berklee's New Visual Identity: Honoring Our History, Building for What's...
03/07/2026
Scripps Research scientists awarded $2M to advance global disease surveillance Two Gates Foundation grants will expand wastewater surveillance and AI-driven dis...
03/07/2026
Joan Pulupa joins Scripps Research faculty to study the organization of DNA in brain cells and its links to neurodegeneration Using smell-sensing neurons and ad...
02/07/2026
Entering her senior year, this hometown girl is paving a career in live sports production gaining experience in replay and audio and as a TD
In the live-sports...
02/07/2026
In-venue and creative video staffers at the professional and collegiate level ha...
02/07/2026
BLAST, a competitive entertainment company focused on esports, has announced more than $133 million in revenue for 2025, representing more than 40% year-over-ye...
02/07/2026
Riedel Communications has announced official SKAARHOJ panel support for SimplyLive production workflows, enabled through the SimplyLive 2.1 release. The integra...
02/07/2026
The Fire Rescue Service of the Czech Republic has deployed LiveU video-over-bond...
02/07/2026
Gravity Media USA has announced the appointment of Brittney Boston as Head of Business Development, effective July 1, 2026. Based in Nashville, Tennessee, Bosto...
02/07/2026
TwelveLabs, a video intelligence company, has announced $100 million in Series B funding co-led by NEA and NAVER Ventures, with participation from Amazon, Radic...
02/07/2026
The Pro Padel League (PPL) has announced a broadcast partnership with USA Sports that will air five PPL championship matches on CNBC during the 2026 season, the...
02/07/2026
LiveLike, a digital fan engagement platform, has announced eight confirmed FIFA ...
02/07/2026
Cobalt Digital has received Future's Best of Show Award, presented by AV Technology at InfoComm 2026, for its blueCORE family of standalone signal processor...
02/07/2026
Synamedia has announced the appointment of Dr. Tzvi Gerstl as Chief Executive Officer. Paul Segre, who has served as CEO for the past six years, will transition...
02/07/2026
The Esports Foundation (EF) and Sony Group Corporation have announced an expanded collaboration for the Esports World Cup 2026 (EWC), taking place in Paris, Fra...
02/07/2026
Zee Entertainment Enterprises Ltd. ( Z') has announced exclusive broadcast and digital rights for the Bundesliga in India for five years, beginning with the...
02/07/2026
An effort uniting News, Sports, Local, and Telemundo, the 50+-camera live produc...
02/07/2026
Zoey Deutch, John Slattery, Ken Marino, Miles Gutierrez-Riley, and Ben Wang appe...
02/07/2026
Stammering, stuttering, strangulated tones
The Crow Hill Company's latest creation promises to be the most original sound set they've produced to d...
02/07/2026
A new era in unmixing and spectral editing
The latest version of Steinberg's spectral audio-editing software has just arrived, building on the strength...
02/07/2026
Aims to simplify additive synthesis
Sine Machine is the debut launch from Melatonin, a Vienna-based developer who have spent the past six years creating wha...
02/07/2026
Products to remain fully active & supported
Following the news of Native Instruments joining the inMusic brand line-up, Academy and Emmy Award-winning visua...
02/07/2026
What you missed!
Last weekend, Saturday 27 June 2026, saw the debut of Sound On Sounds new GearExpo UK event, the largest dedicated pro-audio event to take ...
02/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/07/2026
Following the successful launch of its inaugural APAC Mentoring Programme last month, the Rise AV APAC Regional Council will bring the conversation around mento...
02/07/2026
Blackmagic PYXIS 6K Used to Shoot Director Takahisa Zeze's Cry Out
Brie Clayton July 2, 2026
0 Comments
Highly mobile camera supports tense and de...
02/07/2026
Broadcast Solutions acquires BFE, expanding its lead in European broadcast, medi...
02/07/2026
Berklee Alum and Faculty Perform at Boston Public Library's 250th Anniversar...
02/07/2026
Broadcast Solutions GmbH, a leading systems integrator and provider of innovative solutions for the broadcast media industry, is acquiring BFE Studio und Medien...
02/07/2026
Cinegy GmbH, the premier provider of software-defined television technology, has extended the ingest facility at leading Brazilian sports company LiveMode, work...
02/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/07/2026
Standalone processors acknowledged for the innovation and value they bring to Pro AV
Cobalt Digital, a leading designer and manufacturer of signal processing ...
02/07/2026
Synamedia announced today the appointment of Dr Tzvi Gerstl as Chief Executive Officer. Paul Segre, who has served as CEO for the past six years, will transitio...
02/07/2026
Screen Australia backs audience-led filmmaking with new insight-driven initiativ...
02/07/2026
Screen Australia refines guidelines for Narrative Content Development and Docume...
Net Insight AB :NET INSIGHT YEAR-END REPORT JANUARY-DECEMBER 2014 
