Mobotix - Going beyond human vision
Mobotix’s five-year plan aims for minimum revenues of €100m by FY23 at an EBIT margin of c 12%, which management notes represents an average annual revenue growth rate of around 9.3% and a profit per share of c €0.64 by FY23. The key growth driver is a new camera platform for decentralised IoT applications. Its embedded processor will carry out data analysis, including AI-based deep learning algorithms in situ, for improved cybersecurity and GDPR compliance. It enables the development of plug-in software apps, creating a recurring revenue stream from software sales. The first product in the range will be launched later in 2019. Mobotix is also expanding the complementary MOVE camera range for centrally managed solutions to address large-scale projects.Mobotix is a software company with in-house hardware development for digital, high-resolution and network-based video security solutions. Co. also produces interface components and video management software for operating complete security solutions. Co.'s technology centers on its proprietary, internally manufactured, fully digital network cameras. Co.'s technology comprised of: The Hemispheric Camera includes a fisheye lens, a high-resolution image sensor and image correction software that is integrated into the camera; and Double Hemispheric Camera S15D, a universally deployable, easy concealable video system with a detailed resolution of up to six megapixels.
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