Mobotix Announces Financial Results for Short Fiscal Year 2011

Figures for the short fiscal year at a glance
(July 1, 2011 to September 30, 2011):
?Sales: $24.2 million
?Export ratio: 68.1 percent
?EBIT: $4.1 million
?EBIT in percent of total output: 15.8 percent
?Net income for the period (after taxes): $2.9 million
?Earnings per share $0.64 Mobotix AG announced its consolidated financial results (IFRS) for the Group's Short Fiscal Year 2011 (July 1 to September 30, 2011).The change of the fiscal year was necessary since the now very extensive audit and the preparation of the financial reports coincided with the vacation period in July and August. Since the beginning of the financial year was changed from July 1 to October 1, a one-time Short Fiscal Year of three months was formed this year, resulting in a second set of annual financial reports and a second Annual General Meeting in 2011.

In the Short Fiscal Year just ended, the entire production was relocated as planned successfully to the Company's site in Langmeil-Winnweiler. As expected, revenue and earnings were affected by the relocation of production facilities.

In the Short Fiscal Year, the Mobotix Group generated revenue of $24.2 million (prior-year quarter: 15.1 million) and achieved an export ratio of 68.1 percent. EBITDA amounted to $ 5.7 million with EBIT of $ 4.1 million. Profit after taxes for the short fiscal year amounted to €1.8 million resulting in earnings per share of $0.64.

Growth of 30 percent to 35 percent and an EBIT margin of 23 percent is expected in the current fiscal year 2011/12.

All the results relating to the Short Fiscal Year 2011 will be presented by the Management Board of Mobotix during a teleconference at 11.00 a.m. CET, on November 9, 2011.