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Sveavägen 168
113 46 Stockholm
Tel: +46 8 555 290 60
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The Netherlands

Stationsplein 105
5211 BM ‘s-Hertogenbosch
Tel: +31 73 704 0318
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Germany

c/o Andersen Partner Business Centre
Alsterarkaden 13, 2. OG
20354 Hamburg
Tel: +49 40 31 99 34 32
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USA

50 Beaver Avenue
Annandale, NJ 08802
Tel : +1 908 399 7828
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Denmark

Lautrupvang 1
2750 Ballerup
Tel: +45 3325 6555
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France

5 rue du Chanoine Lucien Gaben
81000 Albi
Tel: +33 9 83 66 09 09
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UK, Cambridge

The Officers Mess
Royston Road
Duxford – CB22 4QR
Tel: +44 1223 919608
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UK, Nottingham

Unit 1, Isaac Newton Centre 
Nottingham Science Park
Nottingham – NG7 2RH
Tel: +44 115 924 8475
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Interim Report, January – September 2019

Period July 1 – September 30, 2019

  • Net sales of SEK 92.4 m (SEK 95.6 m)
  • Software revenues of SEK 66.1 m (SEK 64.8 m)
  • Recurring revenues of SEK 61.4 m (SEK 56.3 m) which corresponds to 66 % (59 %) of net sales.
  • EBITDA SEK 24.3 m; 26.3 % (SEK 25.6 m; 26.8 %)
  • EBITDA-adj. SEK 14.5 m; 15.7 % (SEK 16.9 m; 17.7 %)
  • EBIT SEK 11.2 m; 12.1 % (SEK 13.9 m; 14.5 %)
  • Net profit SEK 8.3 m; 8.9 % (SEK 10.1 m; 10.6 %)
  • EPS before dilution SEK 0.16 (SEK 0.19)
  • Cash flow from operating activities SEK 21.5 m (SEK 19.9 m)

Period January 1 – September 30, 2019

  • Net sales of SEK 290.7 m (SEK 296.9 m)
  • Software revenues of SEK 202.7 m (SEK 197.2 m)
  • Recurring revenues of SEK 181.4 m (SEK 163.2 m) which corresponds to 62 % (55 %) of net sales.
  • EBITDA SEK 72.3 m; 24.9 % (SEK 72.4 m; 24.4 %)
  • EBITDA-adj. SEK 44.5 m; 15.3 % (SEK 47.6 m; 16.0 %)
  • EBIT SEK 32.2 m; 11.1 % (SEK 37.1 m; 12.5 %)
  • Net profit SEK 23.0 m; 7.9 % (SEK 27.4 m; 9.2 %)
  • EPS before dilution SEK 0.43 (SEK 0.52)
  • Cash flow from operating activities SEK 15.6 m (SEK 60.8 m)

For additional information, contact:
Christian Sundin, President and CEO of Formpipe, +46 705 67 73 85

For the full report, see attached PDF.


This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.

This information is inside information that Formpipe Software AB (publ) is obliged make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at 08.45 October 24, 2019.