- Net Sales in this quarter was MSEK 26 (28) and Operating Loss amounted to MSEK -9 (1).
- We saw a strong rebound in the Enterprise Forms business as a result of new pricing policy that is now implemented.
- Operating Loss was MSEK -9 (1), due primarily to an increase on operating Cost of 8 MSEK from continued software development and costs associated with new product launches. Our 2019 plan includes the set-up of proper sales and marketing networks and continued investment in R&D for CAIT and Livescribe software.
- Gross margin in the period was 59% (61%). We continue to maintain good gross margins in both Enterprise Forms and Notetaking businesses. The year on year increase in gross margin is primarily attributed to the decrease in manufacturing costs as well as increase in software and licensing revenue.
Annual General Meeting – 17 May 2019
Q2 Report - 19 July 2019
Annual Report – 31 March 2020
Please visit www.anoto.com/investors for the latest investor calendar information.
This interim report has not been subject to a review by the group auditors.
For further information, please contact:
Joonhee Won, CEO
This information is information that Anoto Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 08:45 CET on 8 May 2019.
About Anoto Group
Anoto is a publicly held Swedish technology company known globally for innovation in the area of information-rich patterns and the optical recognition of those patterns. It is a leader in digital writing and drawing solutions, having historically used its proprietary technology to develop smartpens and the related software. These smartpens enrich the daily lives of millions of people around the world. Now Anoto is a cloud based software solution provider based on its patented dot pattern technology which provides a methodology for accumulating digital big data from analogue inputs. Anoto Cloud includes Anoto’s four solutions: CAIT – the world’s first AI solution for offline education; ACE – Anoto’s new and improved enterprise forms solutions; aDNA – Anoto’s secure interactive marketing solution; and Dr. Watson – Anoto’s biometric authentication and security solution. Anoto is traded on the Small Cap list of Nasdaq Stockholm under ANOT.
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