IP video surveillance specialist MOBOTIX sees 15.3% rise in revenue in first nine months of 2009/10

The hemispheric product line Q24 was a growth driver once again

MOBOTIX AG, a system provider for high-resolution and network-based video security systems, has announced the financial results for the first nine months of the fiscal year 2009/10 ended March 31, 2010.

In the first nine months of the fiscal year 2009/10, MOBOTIX Group revenue grew by 15.3% to €37.5 million (prior year: €32.5 million), in a further recovering market environment. Once again, the hemispheric product line Q24 was a growth driver. Profitability continues to be at an extraordinarily high level with an EBITDA margin of 22.5% and an EBIT margin of 18.7%. Net income for the period amounted to €4.8 million, resulting in earnings per share of €1.08 (prior year: €1.14) for the first three quarters.

• Revenue: €37.5 m
• Revenue growth: 15.3%
• Third quarter revenue growth: 29.2%
• Export ratio: 71.1%
• EBIT: €7.1 m
• EBIT in % of total output: 18.7%
• Net income for the period: €4.8 m
• Earnings per share: € 1.08

MOBOTIX AG remains optimistic that its successful development will continue on a sustained basis in the future.