MOBOTIX AG closes fiscal year 2010/11 with an increase in sales of 36% to €73 million

 
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Sunday, 25 February 2018

MOBOTIX AG closes fiscal year 2010/11 with an increase in sales of 36% to €73 million

MOBOTIX AG is a software company with an in-house hardware development department for digital, high-resolution and network-based video-security solutions. The company focuses on the development of user-friendly system solutions – complete from a single provider. The publicly-traded company with its headquarters in Langmeil, Germany, is known as the leading pioneer in network camera technology since its founding in 1999, and has made high-resolution video systems cost-efficient with its decentralized camera concept. From 2010 onwards, MOBOTIX continues to extend its product range to include intelligent home automation products that are developed in-house. Over one hundred thousand MOBOTIX video systems are in operation worldwide in embassies, airports, railway stations, ports, gas stations, hotels and on highways.

MOBOTIX AG announces the Group’s financial results (the IFRS financial statements) for the fiscal year 2010/11 (July 1, 2010 to June 30, 2011). Sales growth as well as the EBIT-margin could be further considerably increased in comparison to previous year. Total sales increased by 36% to €73.2 million (previous year: €53.8 million).

The fiscal year results at a glance

(July 1, 2010 to June 30, 2011):

  • Sales: €73.2 million (+ 36%)
  • Export ratio: 76%
  • EBIT: €19.2 million (+ 58%)
  • EBIT in % of total output: 25%
  • Net income for the period (after taxes): €13.2 million (+ 58%)
  • Earnings per share €3.00 (+ 59%)

 

MOBOTIX AG (ISIN DE0005218309), system provider of high-resolution and network-based video security systems, announces the Group’s financial results (the IFRS financial statements) for the fiscal year 2010/11 (July 1, 2010 to June 30, 2011). Sales growth as well as the EBIT-margin could be further considerably increased in comparison to previous year. Total sales increased by 36% to €73.2 million (previous year: €53.8 million).

EBITDA of €22.0 million translated into an EBITDA margin of almost 29%. EBIT increased by 58% to €19.2 million (previous year: €12.1 million) and therefore the Group EBIT margin was 25% in fiscal year 2010/2011. Net income after taxes climbed disproportionately by 58% from €8.4 million to €13.2 million. Accordingly, earnings per share improved by approximately 59% to €3.00 (previous year: €1.89).

Mobotix AG Website

 


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