MSAB’s Net Sales and Operating Result in the Fourth Quarter of 2021 are expected to exceed market expectations
MSAB, a world leader in forensic technology for extracting and analyzing data in seized mobile devices, has had a high level of delivery activity during the fourth quarter. Net sales in the fourth quarter of 2021 are estimated to amount to approximately SEK 108 million, which corresponds to a growth of 62% compared with the fourth quarter of 2020. The operating profit for the fourth quarter of 2021, which has not yet been finally determined, is estimated to amount to approximately SEK 16 million, corresponding to approximately 15% in operating margin, compared with SEK -4 million for the fourth quarter of last year. This corresponds to an increase in operating profit of approximately 505%.
In addition to what is stated above, MSAB will not comment on the development of the business before the interim report for the fourth quarter is published, which will be in accordance with the financial calendar on January 27, 2022 at 08:00.
All figures in this press release are preliminary and unaudited.
For further information, please contact:
Joel Bollö, CEO, +46-8 739 02 70
Daniel Nyholm, CFO, +46 709-968 333
This information is such that MSAB, Corporate ID number 556244-3050, is required to disclose in accordance with the EU’s Market Abuse Regulation. The information was submitted for publication on January 18 2022 at 08:00 CEST.
Every care has been taken in the translation of this document. In the event of discrepancies, the Swedish original will supersede the English translation.
About MSAB
MSAB is a world leader in forensic technology for extracting and analyzing data in seized mobile devices. The company develops high-quality and easy-to-use software for law enforcement organizations, such as police, defense and customs. The products, which have become a de facto standard for many users securing evidence in criminal investigations, can be supplemented with reporting tools and a large range of training with certifications within a holistic method for forensic science. The company serves customers in all parts of the world, through its own sales offices and distributors. MSAB is listed on Nasdaq Stockholm under the ticker name: MSAB. www.msab.com