BIMobject AB Reports Consolidated and Company Earnings Results for Fourth Quarter and Full Year Ended December 31, 2018
February 14, 2019 at 02:00 am
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BIMobject AB reported consolidated and company earnings results for fourth quarter and full year ended December 31, 2018. For the quarter, on consolidated basis, the company’s net sales were SEK 38,868,000 against SEK 37,793,000 a year ago. Total operating income was SEK 41,930,000 against SEK 42,125,000 a year ago. Loss for the period was SEK 33,161,000 against SEK 5,144,000 a year ago. Loss per share was SEK 0.26 against SEK 0.10 a year ago.
For the year, on consolidated basis, the company’s net sales were SEK 114,206,000 against SEK 82,602,000 a year ago. Total operating income was SEK 122,747,000 against SEK 86,934,000 a year ago. Loss for the period was SEK 93,052,000 against SEK 51,516,000 a year ago. Loss per share was SEK 0.76 against SEK 1.00 a year ago.
For the quarter, the company’s total operating income was SEK 19,635,000 against SEK 17,876,000 a year ago. Loss for the period was SEK 33,644,000 against SEK 6,792,000 a year ago.
For the full year, the company’s total operating income was SEK 44,213,000 against SEK 31,563,000 a year ago. Loss for the period was SEK 84,054,000 against SEK 45,163,000 a year ago.
Bimobject AB is a Sweden-based company active in the field of information technology. It supports corporate customers with technology and services related to computer-aided design (CAD) and building information modeling (BIM). It assists building producers and interior manufacturers in development and management of digital replicas of their products as BIM objects, either starting from two-dimensional drawings, CAD data or scanning the physical form of buildings and products. The BIM objects allow carrying detailed physical representation of products, as well as links to product information, websites, contact details and assembly instructions. The Company offers a cloud-based database for BIM objects, BIMobject software applications for formats such as Autodesk Revit and Atlantis (BIM Render), services such as modeling, programming, scripting and conversion, market analysis and online seminars. It operates subsidiaries in Italy, the United States and Poland.