Aspiro AB (publ): Year-end Report 2011

43% Growth in the Fourth Quarter
Fourth Quarter 2011

· Net sales for continuing operations for the fourth quarter were SEK 71.7 m (SEK 50.1 m), which corresponds to growth of 43%.
· EBITDA for continuing operations for the fourth quarter was SEK 3.8 m (SEK -10.4 m). Excluding gain on revaluation of existing interest in WiMP Music AS, EBITDA was SEK -11.5 m. Revaluation does not have cash effect.
· The profit/loss after tax for continuing operations for the fourth quarter was SEK -9.6 m (SEK -98.6 m).
· The Music business segment increased sales by over 130%. Aspiro acquired the remaining 50 % of WiMP Music AS an all revenues were consolidated from November 2011. Aspiro signed a letter of intent with an operator in Benelux and prepared for a beta launch of WiMP in Germany.
· The TV business segment lifted sales by 17%, delivering its highest quarterly sales ever, and positive EBITDA.
· Aspiro completed the sale of Mobile Solutions to LINK Mobility AS for a purchase price of...

Aspiro

Aspiro sells mobile content services direct to consumers in the Nordic region, the rest of Europe and North America, and is the Nordic market leader.

View more


  CONTACT  
  • Kristin Castillo Eldnes
  • IR- och informationschef
  • +47 908 07 389
  •  

Media