ZetaDisplay: Year End Report January – December 2019

ZetaDisplay continues to grow as a software and service company and invests for the futureOctober – December 2019Net sales increased by 10 % to SEK 144.3 (130.9) millionSaaS-revenues (recurring) increased by 24% to SEK 40.0 (32.3) millionARR (Annual recurring revenue) increased by 28 % to SEK 165.5 (129.8) millionEBITDA amounted to SEK 21.2 (16.1) millionOperating profit amounted to SEK 12.8 (11.1) millionEarnings per share before and after dilution amounted to SEK 0.07 (0.72) and 0.07 (0.70) January – December 2019Net sales increased by 8% to SEK 436.1 (404.1) millionSaaS-revenues (recurring) increased by 35 % to SEK 137.1 (101.9) millionARR (Annual recurring revenue) increased by 28 % to SEK 165.5 (129.8) millionEBITDA amounted to SEK 52.2 (48.2) millionOperating profit amounted to SEK 3.4 (29.6) millionEarnings per share before and after dilution amounted to SEK 0.22 (0.87) and 0.22 (0.85)Significant events during the quarterZetaDisplay AB acquired 100% of Gauddi BV for a cash compensation of SEK 52.9 million and an additional performance-based payment up to SEK 18.5 million. Gauddi BV was integrated into ZetaDisplay BV from 10 October 2019. Significant events after the quarterZetaDisplay AB announces the introduction of an updated organization for increased scalability and international growth. The Group will move from a geographical to a function-based organization. The organization will be effective during March 2020.Comments from CEO