- Net Sales in the period was MSEK 54 (60) and for the quarter were MSEK 28 (32), Net Sales when compared with Q1 grew 7%.
- Operating Loss in the period amounted to MSEK -23 (2) and for the quarter was MSEK -14 (1).
- Operating Loss was MSEK -23 (2), due primarily to an increase on operating Cost of 13 MSEK from continued 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 KAIT and Livescribe software.
- Gross margin in the period was 52% (54%). This slight change was due to an already solved shipping/warehousing issue, that we expect not to happen again.
Q3 Report – 22 November 2019
Q4 Reporst – 25 February 2020
Annual Report – 31 March 2020
Please visit https://www.anoto.com/investors/investors-calendar/ 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 26 July 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: KAIT – 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.