INVISIO Reports Continued Growth and Doubled Profit
27.04.2015 North America
INVISIO has published its interim report for January to March 2015. The company can report continued growth and doubled profit for the first quarter of 2015.
Revenue for the quarter increased to SEK 57.2 million from SEK 44.1 million in the corresponding period the previous year. Operating profit more than doubled to SEK 14.2 million (6.5). The results for the period were SEK 13.9 million (5.1).
“Today I can announce that INVISIO started the year strong and closed a quarter with continued growth and doubled profit. We have during the quarter received an order worth SEK 14.6 million from the American military program TCAPS and after the quarter a new order worth SEK 56.7 million was received from the same program”, said Lars Højgård Hansen, CEO.
In the first quarter of 2015, INVISIO received a new order from the American military program TCAPS worth SEK 14.6 million.
INVISIO Also initiated the process of listing the Company on Nasdaq Stockholm’s main list. The listing is estimated to take place during the third quarter of 2015.
Outgoing backlog amounted to SEK 42.9 million as per 31 March 2015.
INVISIO® was founded in 1999 and holds the invention of the patented Bone Conduction Technology for best possible speech in all sound environments. Further the patented Soft Spring™ for optimal wearing comfort.
For over a decade INVISIO has developed high performance headsets for Special Forces, SWAT Teams, Law Enforcement and Fire & Rescue teams across the globe to meet their needs in extreme environments. INVISIO offers an extensive range of tactical headsets to equip the professional communication user.
INVISIO headsets utilize the patented Bone Conduction TechnologyTM which offers unsurpassed communication in all environments. Because of the unique voice transfer system, ambient sounds that can interfere during a conversation are eliminated. Wind, military vehicles, even gun fire is not transmitted - only your voice.
Revenue for the quarter increased to SEK 57.2 million from SEK 44.1 million in the corresponding period the previous year. Operating profit more than doubled to SEK 14.2 million (6.5). The results for the period were SEK 13.9 million (5.1).
“Today I can announce that INVISIO started the year strong and closed a quarter with continued growth and doubled profit. We have during the quarter received an order worth SEK 14.6 million from the American military program TCAPS and after the quarter a new order worth SEK 56.7 million was received from the same program”, said Lars Højgård Hansen, CEO.
In the first quarter of 2015, INVISIO received a new order from the American military program TCAPS worth SEK 14.6 million.
INVISIO Also initiated the process of listing the Company on Nasdaq Stockholm’s main list. The listing is estimated to take place during the third quarter of 2015.
Outgoing backlog amounted to SEK 42.9 million as per 31 March 2015.
INVISIO® was founded in 1999 and holds the invention of the patented Bone Conduction Technology for best possible speech in all sound environments. Further the patented Soft Spring™ for optimal wearing comfort.
For over a decade INVISIO has developed high performance headsets for Special Forces, SWAT Teams, Law Enforcement and Fire & Rescue teams across the globe to meet their needs in extreme environments. INVISIO offers an extensive range of tactical headsets to equip the professional communication user.
INVISIO headsets utilize the patented Bone Conduction TechnologyTM which offers unsurpassed communication in all environments. Because of the unique voice transfer system, ambient sounds that can interfere during a conversation are eliminated. Wind, military vehicles, even gun fire is not transmitted - only your voice.
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