ANOT Anoto Group AB

INTERIM REPORT JANUARY – JUNE 2020

INTERIM REPORT JANUARY – JUNE 2020

Second quarter 2020

  • Net sales for the quarter decreased to MSEK 15 (28)
  • Gross margin decreased to 35 percent (45 percent)
  • Operating loss increased to MSEK -21 (-14)
  • Earnings per share before and after dilution amounted to SEK -0.12 (-0.03)
  • On May 18, the AGM approved, with unanimous vote, the Board of Director’s proposal for a resolution authorizing the Board of Directors to resolve, on one or several occasions during the period until the next AGM, to issue ordinary shares, warrants and/or convertible bonds that involve the issue of or conversion into a maximum of 34,000,000 ordinary shares, corresponding to a dilution of approximately 20 per cent of the share capital and votes, based on the number of shares in the Company per the date of the AGM

January – June 2020

  • Net sales for the period amounted to MSEK 36 (54)
  • Gross margin decreased to 42 percent (52 percent)
  • Operating loss increased to MSEK -38 (-23)
  • Earnings per share before and after dilution amounted to SEK -0.22 (-0.09)
  • During the first quarter, Anoto carried out a directed rights issue of 20,000,000 new ordinary shares, through which Anoto raised approximately USD 2.2 million

For further information, please contact:

Johannes Haglund, Chief of Staff

For more information about Anoto, please visit  or email 

This information is information that Anoto Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on August 31, 2020 at 08:00 CET.

About Anoto Group

Anoto is a publicly held Swedish technology company known globally for innovation in the area of information-rich patterns and the optical recognition of those patterns. It is a leader in digital writing and drawing solutions, having historically used its proprietary technology to develop smartpens and the related software. These smartpens enrich the daily lives of millions of people around the world. Now Anoto is a cloud based software solution provider based on its patented dot pattern technology which provides a methodology for accumulating digital big data from analogue inputs. Anoto Cloud includes Anoto’s four solutions: KAIT – the world’s first AI solution for offline education; ACE – Anoto’s new and improved enterprise forms solutions; aDNA – Anoto’s secure interactive marketing solution; and Dr. Watson – Anoto’s biometric authentication and security solution. Anoto is traded on the Small Cap list of Nasdaq Stockholm under ANOT.

 

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31/08/2020

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