First half-year result 2017

MSEK

Jan-June 2017Jan-June 2016
Revenue23,112,9
EBITDA2,8 (12%)-2,9
EBT2,6 (11%)-4,0

Speed Identity AB has reported half year result 2017 with growth and turn-around to profitability.

The result reflects the beginning of new customer contracts for the next generation biometric enrolment service with high biometric data security. In further response to the market request is Speed Capture service offering providing conveniant, client attractive, easy-to-use self service and efficient operator assisted enrolment. The requirement on product quality and in service performance are also quickly increasing in the market and the new Speed Capture solution family is succesfully addressing this market demand as well.

The result show the beginning of pay-off from two intensive years of substantial product development in the new Speed Capture solution family.

The revenue was growing with 80% compared to same period last year as result of encouraging immediate customer response to the new Speed Capture solution.