MOBOTIX announces Q1 sales in line with plan and EBIT above plan based on solution focus strategy
The Q1 financial statements for the current 2022/23 financial year show a product related revenue growth of 15% compared to the previous year, with a positive EBIT of 0.3 m€ compared to an EBIT of – 1.6 m€ in the previous year. The strategic focus on solution sales have generated software sales of 2.8 m€.
MOBOTIX experienced still supply chain problems and booked in addition 2 m€ backlog for Q2 beginning from January 2023.
A positive sales and earnings trend is as such expected for Q2 and for the 2nd half of the current financial year. The product launches planned for this year are confirmed focusing further vertical solutions.
The annual financial statement audit for FY 2021/22 is expected to be completed by the end of January and the annual shareholder meeting is as such planned to take place at the end of March 2023.
The prolongation of the short-term credit lines with the banks was secured until the end of the calendar year 2023.
The mutual development and sales activities with the majority shareholder Konica Minolta are in line with the plan in this fiscal year.