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Fingerprint Cards AB - Full-year Profit, Two Design Wins and Record-breaking Order - Fingerprint Cards AB (publ), corp. reg. no.: 556154-2381, (FPC) - Fingerprints.com
Fingerprint Cards AB - Full-year Profit, Two Design Wins and Record-breaking Order

 

PRZOOM - /newswire/ - Gothenburg, Sweden, 2012/02/09 - Fingerprint Cards AB (publ), corp. reg. no.: 556154-2381, (FPC) - Fingerprints.com.

   
 
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Fourth quarter, 2011:

• Sales rose to SEK 18.6 M (18.2).
• Gross profit increased to SEK 9.7 M (9.1).
• Profit after financial items amounted to SEK 0.7 M (1.0).
• The gross margin increased to 52% (50%).
• Earnings per share amounted to SEK 0.02 (0.03).
• A resolution was adopted at an extraordinary general meeting concerning a private placement of warrants to existing personnel and newly recruited key personnel. The issue was fully subscribed.
• The swipe sensor FPC1080A put into mass production.
• Thomas Rex employed as Senior Vice President Sales and Marketing.
• FPC signed framework agreement with major mobile manufacturers.
• FPC signed ODM agreement for incorporation into platforms for mobiles and tablets.

Full-year January-December, 2011

• Sales rose to SEK 68.6 M (60.9).
• Gross profit for the full-year increased to SEK 38.7 M (30.8).
• Profit after financial items increased to SEK 3.4 M (2.0).
• The gross margin increased to 56% (51%).
• Earnings per share increased to SEK 0.08 (0.05).
• Cash and cash equivalents at the end of the year totaled SEK 23.0 M (30.8).
• The order backlog at December 31, 2011 totaled SEK 6.1 M (11.0).

Notable events at the close of the reporting period:

• Largest order ever of SEK 44 M received from HST, concerning area and swipe sensors for delivery in 2012.
• Full-year sales for 2012 are expected to be between SEK 70-90 M, with a continued strong gross margin and order bookings between SEK 100-140 M.

Fingerprint Cards AB (FPC) is listed on Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg, Sweden.

Publication pursuant to Swedish legislation: Fingerprint Cards AB (publ) discloses this information pursuant to the Securities Market Act (2007:528) and/or the Financial Instruments Trading Act (1991:980). The information was issued for publication on February 9, 2012, at. 8.00 am.

 
 
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Fingerprint Cards AB - Full-year Profit, Two Design Wins and Record-breaking Order

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Fingerprint Cards AB |
Contact: Johan Carlström - Fingerprints.com 
+46(0)31-607820 investrel[.]fingerprints.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Fingerprint Cards AB securities in any jurisdiction including any other companies listed or named in this release.

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