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GWS Production AB (publ) publishes interim report for third (3) quarter 2017

Press Release   •   Nov 24, 2017 10:05 CET

GWS Production AB (publ) (”GWS”) publishes report for the time period January 1st – September 30th 2017. The full report is available as an attachment below and on the company´s web page, www.globalwarningsystem.com

Summary of interim 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 September 30, 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

First nine months (2017-01-01 to 2017-09-30)

Net turnover amounted to 10 026 (7 088) TSEK.

Result after financials and minority share amounted to -8 830 (-13 066) TSEK.

Result per share* amounted to -0,61 (-0,91) SEK.

Third quarter (2017-07-01 to 2017-09-30)

Net turnover amounted to 3 518 (2 664) TSEK.

Result after financials and minority share amounted to -2 713 (-4 530) TSEK.

Result per share* amounted to -0,19 (-0,32) SEK.

The solidity** amounted to 74,7 (86,6) % at September 30, 2017.

THE MOTHER COMPANY

First nine months (2017-01-01 to 2017-09-30)

Net turnover amounted to 6 278 (5 233) TSEK.

Result after financials amounted to -8 189 (-12 304) TSEK.

Result per share* amounted to -0,57 (-0,86) SEK.

Third quarter (2017-07-01 to 2017-09-30)

Net turnover amounted to 2 209 (1 893) TSEK.

Result after financials amounted to -2 570 (-4 196) TSEK.

Result per share* amounted to -0,18 (-0,29) SEK.

The solidity** amounted to 79,7 (88,4) %.

Amounts within brackets regard corresponding period last year.

*Results per share: results are divided by average number of shares. Average number of shares for the first nine months 2017: 14 365 407 (14 354 539) shares. Average number of shares for the third quarter 2017: 14 365 407 (14 365 407) shares. Total number of shares in GWS as at September 30, 2017: 14 365 407 (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 have 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 third quarter, 2017.

  • GWS and ERV sign a new agreement and extend their corporation.
  • Charlotta Tönsgård joins GWS as a board member.
  • GWS publishes report for the period January 1st – June 30th, 2017.
  • Global Insurance giant Chubb signs agreement with GWS.
  • GWS signs a global contract with EOS Risk Group (EOS Risk) in London. 


Significant events after the third quarter, 2017.

None

Certified Adviser

Sedermera Fondkommission is the Certified Adviser of GWS.

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

This information is information that 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 10.00 CET on November 24, 2017.

____________________________________________________________________________________________________

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.

GWS is listed on Nasdaq Stockholm First North.

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 

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