Key performance indicators for the first quarter
(October 1, 2012 to December 31, 2012):
- Total output: $28.0 million (+4.4%)
- Sales revenue: $26.8 million (-3.5%)
- Export ratio: 72%
- EBIT: $4.9 million (-25.1%)*
- EBIT as a percentage of total output: 17.5%*
- Profit for the period (after taxes): $3.1 million (-35.5%)
- Earnings per share: $0.23 (-35.5%)
* adjusted for one-off extraordinary staff costs
Winnweiler-Langmeil, Germany, February 13, 2013. Mobotix AG (ISIN DE0005218309), a supplier of high-resolution, network-based video security systems, has announced its consolidated results (IFRS) for the first quarter of the fiscal year 2012/13 (October 1, 2012 to December 31, 2012). Total output rose while sales revenue fell slightly compared with the corresponding quarter of the prior year, when business had been very strong.
First-quarter total output increased by 4.4% from $26.8 million to $28.0 million year on year. Sales revenue decreased by 3.5% overall to $26.8 million (prior-year quarter: $27.7 million). Revenue increased in Germany and Asia, although the rises were not quite enough to offset the downward trend seen in some European countries or the impact of the hurricane on the east coast of the United States, as a result of which Mobotix Corp. had to completely vacate its premises on short notice and move into new, temporary offices. The export ratio was 72%.
EBITDA reached $6.3 million (adjusted for one-off extraordinary staff costs), which resulted in an EBITDA margin of 22.2%. Adjusted EBIT declined to $4.9 million (first quarter of prior year: $6.5 million). In the first quarter, the Group's EBIT margin stood at 17.5%, while profit after taxes came to $3.1 million and earnings per share amounted to $0.23(first quarter of prior year:$0.36).
The management board of Mobotix AG presented all the results and explanatory information relating to the first quarter of the fiscal year 2012/13 during a teleconference at 11.00 a.m. on February 13, 2013.