Interim report
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INVISIOⓇ Interim report January - September 2021 Good order intake of smaller orders - but continued delay in larger ones SEK in millions Revenue Gross profit Gross margin , % EBITDA EBITDA margin , % Operating profit / loss Operating margin , % Profit / loss for the period Earnings per share , SEK Order intake Order book 2021 Q3 142.7 82.4 57.7 8.3 5.8 -3.4 -2.4 -2.8 -0.06 164.9 210.4 INVISIO AB | Interim Report January - September 2021 | 1 IMPORTANT EVENTS DURING THE QUARTER • INVISIO entered a sales and distribution partnership for the Intercom system with the RIB boat manufacturer Zodiac . • The Intercom system was certified for use in some Black Hawk helicopters . 2020 Q3 118.7 59.8 50.3 19.1 16.1 16.4 13.8 6.2 0.14 212.1 183.1 A % 20 38 -56 -121 -146 -145 -22 15 2021 Jan - Sep 440.8 254.6 57.8 57.4 13.0 23.6 5.3 13.2 0.30 466.1 210.4 2020 Jan - Sep 359.2 206.9 57.6 62.7 17.4 55.2 15.4 33.7 0.76 409.7 183.1 A % 23 23 -8 -57 -61 -61 14 15 2020 Full year 532.0 309.0 58.1 " During the quarter we have seen a continued good intake of smaller orders , but in terms of larger orders we are still seeing a pandemic - related delay . This is mainly due to customers ' purchasing processes taking longer than before , difficulties in implementing tests and temporary changes in budget priorities among some customers . However , our assessment is that INVISIO has not lost any orders or procurements . To date during the pandemic , we have not been affected by delivery problems or component shortages , but we are now seeing slightly longer lead times . This may affect our normally fast customer deliveries in the fourth quarter and the beginning of 2022. All in all , however , conditions for strong and sustainable growth continue to be very good . " 108.1 20.3 95.4 17.9 61.2 1.39 525.7 123.2 Lars Højgård Hansen , CEO IMPORTANT EVENTS AFTER THE QUARTER • INVISIO signed a distribution agreement with SkyRunner , manufacturer of ultralight aircraft for professional use .