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SSH COMMUNICATIONS SECURITY CORPORATION SSH COMMUNICATIONS SECURITY CORPORATION INTERIM REPORT JANUARY 1 - JUNE 30 , 2021 NET SALES INCREASED 27 % , EBITDA POSITIVE April - June 2021 : Net sales increased 26.6 % compared to the previous year mainly driven by the Deltagon acquisition . Subscription revenue increased by 512 % compared to the previous year . Net sales totaled EUR 3.3 million ( 4-6 / 2020 : EUR 2.6 million ) EBITDA was EUR 0.1 million ( EUR 0.2 million ) ● ● ● January - June 2021 : Net sales increased 4.4 % compared to the previous year . EBITDA was negative due to growth investments . ● ● ● Operating loss was EUR -0.4 million ( EUR -0.4 million ) Loss for the period was EUR -0.9 million ( EUR -0.5 million ) Earnings per share was EUR -0.03 ( EUR -0.02 ) Net sales totaled EUR 6.0 million ( 1-6 / 2020 : EUR 5.7 million ) . EBITDA was EUR -0.8 million ( EUR 0.1 million ) . Operating loss was EUR -1.9 million ( EUR -0.9 million ) . Loss for the period was EUR -2.4 million ( EUR -0.9 million ) . Earnings per share was EUR -0.08 ( EUR -0.04 ) . Operating cash flow was EUR -1.9 million ( EUR 0.0 million ) . Equity ratio was 46.8 % ( 74.2 % ) . Liquid assets were EUR 2.1 million ( EUR 10.2 million ) . KEY FIGURES EUR million Net sales EBITDA % of net sales Operating profit / loss % of net sales Profit / loss before taxes Profit / loss Return on equity , % Return on investment , % STOCK EXCHANGE RELEASE JULY 20 , 2021 , AT 9:00 A.M Liquid assets Gearing ( % ) Equity ratio ( % ) Earnings per share , EUR Shareholders ' equity per share , EUR Subscription ARR 4-6 / 2021 3.3 0.1 2.0 -0.4 -13.2 -0.6 -0.9 -0.03 0.28 4-6 / 2020 Change % 2.6 0.2 7.3 -0.4 -13.5 -0.5 -0.5 -0.02 0.26 26.6 -65.1 -72.5 23.5 -2.5 21.7 76.3 -45.5 8.0 1-6 / 2021 6.0 -0.8 -13.9 -1.9 -31.0 -2.1 -2.4 -24.5 -15.5 2.1 -8.3 46.8 -0.08 0.28 6,9 1-6 / 2020 5.7 0.1 2.3 -0.9 -16.2 -1.0 -0.9 -8.5 -7.8 10.2 -87.8 74.2 -0.04 0.26 0,7 Change % 4.4 -716.2 -690.3 99.7 91.3 120.3 153.8 -189.8 -97.1 -79.6 90.5 -37.0 -103.7 8.0 934 1-12 / 2020 SSH Communications Security provides alternative performance measures , which are not defined by IFRS standards . Alternative performance measures should not be considered substitutes for performance measures in accordance with the IFRS . The alternative performance measures are : EBITDA = Operating profit / loss + depreciation and amortization Subscription ARR ( Annual Recurring Revenue ) : Subscription revenue in the last month of a reported quarter multiplied by 12 . 11.3 -0.4 -3.5 -2.5 -22.1 -3.1 -3.1 -30.0 -27.3 8.5 -85.3 69.7 -0.11 0.22 1.2