Interim report
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INNOFACTOR® INTERIM REPORT Q1 / 2021 1 ( 25 ) Innofactor Plc Interim Report April 27 , 2021 , at 9:00 Finnish time Innofactor Plc's Interim Report for January 1 – March 31 , 2021 ( IFRS ) Innofactor sold the Prime business and reached the best first quarter net sales , operating margin and order backlog in its history - also without the additional operating margin of EUR 2.6 million brought by the transaction January - March 2021 in brief : • • • • Innofactor sold its resource management software solution business , Innofactor Prime , in Finland to Total Specific Solutions at the end of March The net sales were approximately EUR 17.8 million ( 2020 : 17.2 ) , which shows an increase of 3.8 % The operating margin was approximately EUR 4.7 million ( 2020 : 2.0 ) , which shows an increase of 138 % The operating margin includes a sales gain of approximately EUR 2.6 million from the sale of the Prime business , without which the operating margin would have been approximately EUR 2.1 million ( 2020 : 2.0 ) , which shows an increase of 7.3 % The operating profit was EUR 3.8 million ( 2020 : 0.8 ) , which shows an increase of 366.8 % О The operating profit includes a corresponding sales gain as the operating margin , without which the operating profit would have been approximately EUR 1.3 million ( 2020 : 0.8 ) , which shows an increase of 53 % The order backlog at the end of the review period was EUR 68.9 million ( 2020 : 54.1 ) , which shows an increase of 27.4 % The order backlog does not include the order backlog of the divested Prime business Innofactor got several significant orders in the first quarter , for example , O Finnish Tax Administration's Azure programming , approximately EUR 15–25 million Finnish Institute of Occupational Health's enterprise resource planning system , approximately EUR 1.6 million ( not yet in the order backlog ) ○ ○ ○ Metsähallitus ' case management system , approximately EUR 0.7 million ( not yet in the order backlog ) Cloud solution for a Norwegian financial services company , approximately EUR 0.5 million Innofactor Oyj Keilaranta 9 FI - 02150 Espoo contact@innofactor.com http://www.innofactor.com tel . +358 10 272 9000 fax : +358 10 272 9001