Press release -

GWS Production AB (publ) publishes annual report for 2017

GWS Production AB (publ) (GWS) publishes annual report for the period between January – December 2017. Refer to the attachment below for full report.

Summary of annual report

“Mother company” or “GWS”, comprises of GWS Production AB with company number 556776-4674, without subsidiaries. “The Group” comprises the Mother company, including subsidiaries. At December 31, 2017, the Mother company owned 51% of the shares in Travelogix Ltd, 100% of the shares in GWS Production (Singapore) Pte Ltd, 99,99% of the shares in GWS do Brasil Solucões e Sistemas Tecnológicos em Seguranca Ltda and 35% of the shares in Carefindy AB (minority interest).

THE GROUP

Twelve months (2017-01-01 to 2017-12-31)

  • Net turnover amounted to 14 171 (8 988) TSEK.
  • Result after financials and minority share amounted to -12 209 (-17 592) TSEK.
  • Result per share* amounted to -0,84 (-1,23) SEK.
  • The solidity** amounted to 72,2 (85,5) % on December 31st, 2017.

Fourth quarter (2017-10-01 to 2017-12-31)

  • Net turnover amounted to 4 145 (1 900) TSEK.
  • Result after financials and minority share amounted to -3 379 (-4 526) TSEK.
  • Result per share* amounted to -0,23 (-0,31) SEK.


THE MOTHER COMPANY

Twelve months (2017-01-01 to 2017-12-31)

  • Net turnover amounted to 8 866 (6 713) TSEK.
  • Result after financials amounted to -11 467 (-16 511) TSEK.
  • Result per share* amounted to -0,79 (-1,15) SEK.
  • The solidity** amounted to 74,8 (88,2) %.

Fourth quarter (2017-10-01 to 2017-12-31)

  • Net turnover amounted to 2 588 (1 480) TSEK.
  • Result after financials amounted to -3 278 (-4 207) TSEK.
  • Result per share* amounted to -0,22 (-0,29) SEK.

Amounts within brackets regard comparative period last year.

*Results per share: results are divided by an average number of shares. An average number of shares for twelve months 2017: 14 501 463 (14 357 256) shares. An average number of shares for the fourth quarter 2017: 14 909 629 (14 365 407) shares. Total number of shares in GWS on December 31st, 2017: 15 945 407 (14 365 407) shares. The Company has issued 650 000 share options (2015/2019), of which, 427 885 have been signed for that can be converted to the same number of shares in the Company during March 2019. The Company has also issued 40 000 share options (2015/2019), all signed for, which can be converted into the same number of shares from July 8th, 2019 to July 24th, 2019.

The Company has also issued 670 000 share options (2016/2020), of which, 670 000 has been signed for, which can be converted into the same number of shares in the Company during April 2020.

**Solidity: Equity divided by total assets.

Significant events during the fourth quarter, 2017.

  • GWS publishes report for the period January 1st – September 30th, 2017.
  • Humle Småbolagsfond invests 5,2 million SEK in a private placement in GWS.
  • GWS receives a business loan from ALMI amounting to 3 million SEK.


Significant events after year-end.

  • Major international franchisor expands the agreement with GWS.


Certified Adviser

Erik Penser Bank AB is the Certified Adviser of GWS.

For additional information, visit www.globalwarningsystem.comor contact GWS CEO Andreas Rodman: +46 708 – 10 13 16 or via andreas.rodman@globalwarningsystem.com

This information is GWS Production AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 14:00 CET on 27 February 2018.

About GWS Production AB and Safeture

Global Warning System (GWS) offers mobile-based personal security services (Safeture) to companies and consumers to protect employees, family members and individuals when they travel abroad.

The Company was founded in 2009, triggered by the experience of the global SARS epidemic, the Indian Ocean tsunami and the Mumbai terror attacks, where people could have been warned earlier, and received more information. GWS vision is to prevent damages by providing correct information in real-time.

The GWS share is listed on NASDAQ First North Stockholm.

Related links

Topics

  • Corporate Information

Categories

  • safeture
  • nasdaq omx first north
  • global warning system
  • andreas rodman
  • gws

About GWS Production AB 

GWS, (Global Warning System) was founded in 2009, triggered by the experience of the global SARS epidemic, the 2004 Indian Ocean tsunami, and the Mumbai terror attacks. The company offers a personal security mobile app, Safeture. The app protects travelers through real-time tracking and provides valuable real-time information about disasters, and other threats that could impact you while you’re abroad. The system consists of a range of services that are delivered via the traveler’s mobile phone and is suitable for both businesses (Safeture Pro), and for private individuals (Safeture).

For additional information, visit www.globalwarningsystem.com or contact GWS CEO Andreas Rodman: +46 (0) 708 - 10 13 16 or via andreas.rodman@globalwarningsystem.com 

Related content

  • GWS receives SEK 3 million from Almi

    GWS Production AB in Lund has been granted a Business Loan from Almi amounting to SEK 3 million. The loan can be seen as part of a growing interest in GWS business and unique service to provide security for corporate employees, wherever they are.

  • Humle Småbolagsfond invests SEK 5.2 million in a private placement in GWS Production

    The board of directors of GWS Production AB (“GWS”) has, pursuant to the authorization from the extraordinary general meeting held on 27 June 2017, resolved to issue 1,580,000 new shares in GWS to Humle Småbolagsfond at a subscription price of SEK 3.29 per share. ABG Sundal Collier has been financial adviser in connection with the new issue.

  • Major international franchisor expands the agreement with GWS

    The agreement with a franchisor to a highly successful and global retail concept has been extended and significantly expanded. The agreement is initially extended for at least another two-year period and it has a total order value of 264 000 Euros over the two years. The number of users increases from 750 to 5000 employees.