SecurityWorldMarket

04/12/2015

Mobotix hits record sales levels

Langmeil, Germany

The financial results for the 2014/15 financial year (October 1, 2014 to September 30, 2015) for Mobotix AG,  supplier of high-resolution, network-based video security systems, have shown a double digit revenue growth for the year end despite having had a decline in revenue during the first two quarters.

Almost 122,000 cameras were sold in the 2014/15 financial year, representing year-on-year growth of 12 percent and a record in the history of the company.

Following a year-on-year decline in revenue of 9 percent in the first quarter and 2 percent in the second quarter, the third and fourth quarters of the year saw increases of 6 percent and 16 percent respectively.

For the second half of the year, the company thus achieved double-digit year-on-year revenue growth once again with a figure of 11 percent. Revenue for the year as a whole increased by 2 percent from EUR 78 million to EUR 80 million.

Total operating output climbed by almost 19 percent, from EUR 70.1 million in 2013/14 to EUR 83.3 million in 2014/15. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to EUR 8.8 million, an increase of 70 percent on the previous year (prior year: EUR 5.2 million). Profit for the year, at EUR 4.1 million, increased nearly fourfold on the previous year (prior year: EUR 1.1 million). The equity ratio was 65.5 percent as of September 30, 2015.

Based on the Company's net assets, financial position and results of operations, the Supervisory Board and Management Board are proposing a dividend distribution of EUR 0.50 (prior year: EUR 0.30) per share to the Annual General Meeting.


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