Anoto Group AB (ANOT.SSE)(www.anoto.com) is a Swedish company with a unique solution for transmission of handwritten text from paper to digital media, and scanning of printed text.
"Anoto's technology, entailing interpretation and transmission of handwritten text and images, is based on a special digital pen and a paper printed with a pattern that is invisible to the eye. Advanced image processing and a complex infrastructure allow anything written with the pen on the paper to be transformed to digital media. The digital pen uses ink and handles just like a normal ballpoint pen, but it also contains a digital camera, an advanced image processing system and a communication unit. Even drawn sketches can be interpreted and transferred."
A further major leap forward is the introduction of the Leapfrog Fly computer for children - moving the technology into all sectors where free writing/drawing can be done.
January-September 2005 Interim Report
• Third quarter sales totalled SEK 23 million (32), while sales for the Anoto business unit declined to SEK 18 million (22). January-September sales were SEK 81 million (118), of which the Anoto business unit accounted for SEK 65 million (73).
• The Group’s third quarter gross profit rose to 75% (61), or SEK 17 million (20). The Group’s gross profit for January-September increased to 69% (60), or SEK 56 million (71).
• Cash flow amounted to SEK –5 million (–18) for the third quarter and SEK 30 million (–57) for January-September. The Group is well on its way to meeting its target of positive cash flow for full-year 2005.
• The loss before depreciation and amortisation came to SEK –21 million (–16) for the third quarter and SEK –37 million (–22) for January-September. A restructuring reserve of SEK 15 million for closing the Stockholm office was charged to third quarter earnings.
• The loss after taxes was SEK –27 million (–32) for the third quarter and SEK –62 million (–70) for January-September.
• Earnings per share totalled SEK –0.22 (–0.27) for the third quarter and SEK –0.52 (–0.60) for January-September.
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