0
IT

Clavister revenues up 1% to SEK 32 mln, LBITDA widens in Q4 2019

Thursday 20 February 2020 | 15:51 CET | News
Sweden-based cyber-security company Clavister saw its revenues increase by 1 percent to SEK 32.3 million in Q4 2019. Order intake increased by 8 percent to SEK 42.3 million, while gross profit increased by 11 percent to SEK 25.6 million, equal to a gross margin of 79 percent. However, the company's LBITDA widened to SEK 19.5 million from a loss of SEK 8.9 million, LBIT expanded to SEK 30.3 million from LBIT of SEK 22.4 million, and the loss before taxes deepened to SEK 33.7 million from SEK 30.4 million.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Companies: Clavister
Countries: Sweden / World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Clavister receives order for Japanese datacentres

Published 17 Mar 2020 13:16 CET | Japan
Clavister received an order from one of its Japanese partners with a value of SEK 3 to 4 million, final size pending ...

Clavister appoints Unden as VP of Engineering

Published 27 Feb 2020 11:31 CET | Sweden
Swedish network security specialist Clavister appointed Nils Unden for the role of VP of Engineering. Unden's wide experience and ...

Clavister launches CyberSecurity ScoreCard

Published 12 Feb 2020 12:49 CET | World
Clavister announced CyberSecurity ScoreCard, a new offering to meet the growing complexity of IT security for enterprises, ...

Clavister gets new order from Americas mobile operator

Published 05 Feb 2020 15:29 CET | North America
Clavister received an initial order worth approximately SEK 3 million for security products from an Americas-based mobile ...

Clavister Q3 order intake up 24%, Chinese sale hits EBITDA

Published 20 Nov 2019 12:36 CET | World
Swedish cyber security vendor Clavister said it lifted third quarter revenues by 4 percent, order intake by 24 percent, and ...

Clavister names Rippe as new CFO

Published 24 Oct 2019 09:52 CET | World
Swedish network security specialist Clavister appointed former CFO of Enea, Hakan Rippe, as CFO, effective 1 November. At Enea, ...