Interim Report for the period January 1–March 31, 2005
Continued strong growth and improved earnings
• Net sales increased by 24 percent to SEK 170 (137) million. • Profit after tax improved to SEK 17 (-20) million. • Earnings per share improved to SEK 0.05 (-0.06). • Software revenues increased by 77 percent to SEK 55 (31) million. • Operating profit increased by SEK 38 million to SEK 16 (-22) million and the operating margin improved to 9.7 (-16.4) percent. • Cash flow from operating activities improved to SEK 14 (9) million. • Licensing agreement signed with Nokia Mobile Phones concerning the real-time operating system OSE. • Technology for telecom infrastructure developed by an American company was acquired during the quarter.