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HomeArticlesMobotix Camera Sales Grow 12 Per Cent

Mobotix Camera Sales Grow 12 Per Cent

MOBOTIX AG says 122,000 of its cameras were sold in the 2014/15 financial year, representing year-on-year growth of 12 per cent and a record in the history of the company. 

Following a year-on-year decline in revenue of 9 per cent in the first quarter and 2 per cent in the second quarter, the third and fourth quarters of the year saw increases of 6 per cent and 16 per cent respectively. For the second half of the year, the company achieved year-on-year revenue growth of 11 per cent. 

Revenue for the year as a whole increased by 2 per cent from US$83.8 million to $85.9 million. Total operating output climbed by almost 19 per cent, from $75.3 million in 2013/14 to $89.5 million in 2014/15. Earnings before interest, tax, depreciation and amortization (EBITDA) amounted to $9.5 million, an increase of 70 per cent on the previous year (prior year: $5.6 million). Profit for the year, at $4.4 million, increased nearly fourfold on the previous year (prior year: $1.2 million). ♦


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