Revenue for the quarter increased to SEK 46.8 million in comparison to SEK 21.1 million during the corresponding period of the previous year. At the same time the operating profit was SEK 6.2 million, an increase of SEK 7.4 million from SEK -1.2 million. Profit after tax was SEK 20.1 million (-1.6) including recognition of deferred taxes amounting to SEK 15.0 million.
“I am proud to announce that we continue to grow and be profitable for another quarter. We report revenue of SEK 137.9 million and an operating profit of SEK 17.5 million (-6.0) for the first three quarters of the year. Profit after tax was SEK 29.3 million (-7.4) after recognition of deferred taxes amounting to SEK 15.0 million. We are expecting continued strong growth for the rest of 2014 and the first full-year profit for the company”, said CEO Lars Højgård Hansen.
Major orders received by INVISIO from July to September 2014 include:
- Follow-up order from a NATO-country for INVISIO V60 (photo) worth SEK 10.1 million
- New order from the American military program TCAPS worth SEK 21.5 million.
- Third order from the American military program TCAPS worth SEK 41.6 million.
- Follow-up order for an order received in Q2 from a Nordic country, worth SEK 5.6 million.
- Follow-up order from Canada’s Department of National Defence worth SEK 1.6 million.
INVISIO is a Swedish company specializing 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, primarily for professional users who often work in difficult environments.
INVISIO’s customers are found in the military and military Special Forces, Police and SWAT teams, emergency services, the security sector, and various industries worldwide.
