ANOT Anoto Group AB

Interim Report January – September 2024

Interim Report January – September 2024

Third quarter 2024 (compared to third quarter 2023)

  • Net sales for the quarter decreased to MSEK 5 (8)
  • Gross margin for the quarter decreased to 52% (67%)
  • Operating profit and loss amounted to MSEK -15 (128)
  • Net income for the period decreased to MSEK -27 (122)
  • Earnings per share before and after dilution decreased to SEK -0.08 (0.45)
  • The Annual General Meeting held on 15 July 2024, resolved to authorise the Board of Directors to resolve, with or without deviation from the shareholders’ preferential rights, against cash payment, for payment in kind or by way of set-off, to issue ordinary shares, warrants and/or convertible bonds that involve the issue of or conversion into a maximum of 66,400,000 ordinary shares, corresponding to a dilution of approximately 20 per cent of the share capital and votes, based on the current number of shares in the Company.  The purpose of this authorisation and the reason for any disapplication of the shareholders’ preferential rights is to increase the flexibility of the Company to finance the ongoing business and at the same time extend and strengthen the Company’s shareholder base of strategic or long term investors. The basis for the issue price shall be according to the prevailing market conditions at the time when shares, warrants and/or convertible bonds are issued.
  • At the Annual General Meeting held on 15 July 2024, the Company also announced that BDO, the Company’s auditor who previously did not extend the assignment for the last year of the mandate, i.e. from the AGM 2024 up to and including the AGM 2025, has now informed the Company that they will remain as auditor for Anoto for the remaining year of the mandate.



January – September 2024

  • Net sales for the period decreased to MSEK 24 (30)
  • Gross margin for the period decreased to 57% (66%)
  • Operating profit and loss decreased to MSEK -45 (98)
  • Net income decreased to MSEK -46 (99)
  • Earnings per share before and after dilution decreased to SEK -0.12 (0.42)



The report for January – September 2024 is available in its entirety on the following address: 

For further information contact:

Kevin Adeson, Chairman of the Board of Directors

For more information about Anoto, visit or email

Anoto Group AB (publ), Reg.No. 556532-3929, Flaggan 1165, 116 74 Stockholm

This information constitutes inside information as Anoto Group AB (publ) is obliged to disclose under the EU Market Abuse Regulation 596/2014. The information was provided by the contact person above for publication on 27 November 2024 at 23:30 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 related software. These smartpens enrich the daily lives of millions of people around the world. Anoto currently has two main business lines: Retail Products and Enterprise Solutions & Licensing. Anoto also holds a stake in Knowledge AI, a leading AI based education solution company. Anoto is traded on the Small Cap list of Nasdaq Stockholm under ANOT.

Attachments



EN
27/11/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Anoto Group AB

 PRESS RELEASE

Updated first day of trading in BTAs and subscriptions rights

Updated first day of trading in BTAs and subscriptions rights Anoto Group AB (the "Company" or “Anoto”) today announces that the Company's board of directors has decided to update the first day of trading in BTAs (paid subscribed shares) and subscriptions rights on Nasdaq Stockholm in the Company’s ongoing rights issue. It has previously been communicated that the first day of trading in BTAs and subscription rights would be Monday 2 December 2024. The first day of trading in BTA and subscriptions rights is now instead Tuesday 3 December 2024. The subscription period in the rights issue re...

 PRESS RELEASE

Anoto publishes prospectus

Anoto publishes prospectus Anoto Group AB (the "Company" or “Anoto”) today publishes a prospectus (“the Prospectus”). The Prospectus has been prepared in connection with (i) the admission to trading of 125,043,750 common shares in Anoto which the board of directors decided to issue on October 25, 2024, subject to subsequent approval by an extraordinary general meeting, (ii) the admission to trading of 230,636,111 common shares that have been issued through a set-off issue which Anoto's board of directors decided on October 25, 2024, subject to subsequent approval by an extraordinary general...

 PRESS RELEASE

Anoto offentliggör prospekt 

Anoto offentliggör prospekt  Anoto Group AB (”Bolaget” eller ”Anoto”) offentliggör idag ett prospekt (”Prospektet”). Prospektet har upprättats med anledning av (i) upptagande till handel av 125 043 750 stamaktier i Bolaget som styrelsen den 25 oktober 2024 beslutade att emittera, villkorat av extra bolagsstämma efterföljande godkännande, (ii) upptagande till handel av 230 636 111 stamaktier som har emitterats genom kvittningsemission som Anotos styrelse den 25 oktober 2024 beslutade om, villkorat av extra bolagsstämma efterföljande godkännande, med anledning av det konvertibla investeringsa...

 PRESS RELEASE

Interim Report January – September 2024

Interim Report January – September 2024 Third quarter 2024 (compared to third quarter 2023) Net sales for the quarter decreased to MSEK 5 (8)Gross margin for the quarter decreased to 52% (67%)Operating profit and loss amounted to MSEK -15 (128)Net income for the period decreased to MSEK -27 (122)Earnings per share before and after dilution decreased to SEK -0.08 (0.45)The Annual General Meeting held on 15 July 2024, resolved to authorise the Board of Directors to resolve, with or without deviation from the shareholders’ preferential rights, against cash payment, for payment in kind or by w...

 PRESS RELEASE

Delårsrapport för januari – september 2024

Delårsrapport för januari – september 2024 Tredje kvartalet 2024 (jämfört med tredje kvartalet 2023) Kvartalets nettoomsättning minskade till 5 MSEK (8)Bruttomarginalen för kvartalet minskade till 52 % (67 %)Rörelseresultatet uppgick till -15 MSEK (128)Periodens resultat minskade till -27 MSEK (122)Resultat per aktie före och efter utspädning minskade till -0,08 SEK (0,45)Årsstämman den 15 juli 2024 beslutade att bemyndiga styrelsen att med eller utan avvikelse från aktieägarnas företrädesrätt, mot kontant betalning, apportegendom eller genom kvittning, besluta om nyemission av stamaktier,...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch