Tech & Science Seluxit Annual Document 2019/20 Copenhagen Inventory Alternate:SLXIT

Seluxit Annual Document 2019/20 Copenhagen Inventory Alternate:SLXIT

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Corporate Announcement No. 23 
Aalborg, 23. September 2020 

Seluxit items an annual file, demonstrating the power to ship on income and end result – whilst growing a fascinating pipeline of goods for long term enlargement.

Daniel Lux, CEO:

“One of the most effects which our devoted team of workers and nice companions have created and which I want to spotlight are:

  • 175.000 delivered radio modules for Sensible Meters to the German marketplace
  • SLX Heartbeat, a brand new product to observe middle starters was once evolved and primary installations had been made in collaboration with our companions 
  • Fast Prototyping Package – release of our usual construction gear and a webshop the place those will also be purchased at once
  • A enlargement in income by means of 17% in spite of a difficult 2nd part of the fiscal 12 months

The function for 2019/20 was once to create trade visibility available in the market, develop our trade and broaden new precious IoT answers to the marketplace. We’ve got accomplished those targets.”

Decided on key figures for the duration 1 July 2019 – 30 June 2020

Key Figures
DKK (‘000)
2019/20
01.07.19-30.06.20
2018/19
01.07.18-30.06.19
2017/18
01.07.17-30.06.18
Income 20.981 17.966 8.137
Gross Benefit 5.455 3.197 6.153
EBITDA -3.743 -4.274 2.307
EBT -5.782 -5.560 1.360
Benefit after tax -4.510 -4.342 1.059
Shareholders ’ Fairness 20.269 24.779 4.318
Stability Sheet 26.062 30.968 8.064

Within the first part of 2019/20 Seluxit had a powerful get started with a delightful end result for the primary part 12 months. The second one part of 2019/20 has been difficult for lots of because of COVID-19, and Seluxit isn’t any exception. First, we had been confronted by means of difficulties in sourcing elements, because of interrupted provide chains. Then we had been going through the problem that it isn’t conceivable to put in good meters in Germany, because of native COVID-19 restrictions. 

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Expectancies to 2020/21

Seluxit expects 2020/21 to be an excessively thrilling 12 months in spite of the uncertainty surrounding the marketplace because of COVID-19. We can proceed to concentrate on growing new buyer relationships, increasing the product portfolio, and formalizing new business partnerships. We can put money into a rollout of the product SLX Heartbeat in addition to different usual IoT merchandise that can be utilized with regards to a number of consumers and other methods.

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Matter to the uncertainty that follows from COVID-19 and the uncertainty concerning the scope and time issue for its penalties, the control of Seluxit expects income for the monetary 12 months 2020/21 to be between DKK 20-22 million. DKK, whilst EBITDA is predicted to be between -Four and -Five mill. DKK. Seluxit has introduced quite a lot of IoT merchandise and expects to be successful in 2021/22.

Hooked up report: Seluxit Årsrapport, 2019/20. (Annual Document in Danish)

Monetary Calendar

23. September 2020 Annual Document for 2019/20
22. October 2020 Common Meeting 2020
12. February 2021 Part 12 months file H1-2020/21
23. September 2021 Annual Document 2020/21
26. October 2021
* up to date
Common Meeting 2021


For additional data, please touch CEO Daniel Lux.

You’ll subscribe to our investor publication on https://www.seluxit.com/buyers and get corporate bulletins at once for your mail field. You’ll additionally practice information from Seluxit on

About Seluxit:
Seluxit is an Web of Issues (IoT) resolution supplier. We assist product producers attach their bodily merchandise to the Web, and get pleasure from the price of knowledge.  Seluxit’s imaginative and prescient is to be a significant contributor to the tale of the Web of Issues — how we people can orchestrate hooked up merchandise to reinforce our lives, whilst protecting our safety and privateness.

NOTE: In case of any discrepancies between the English and the Danish model of the announcement, the Danish model prevails.

  • Seluxit Årsrapport 2019-20
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