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The year in brief

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Auditor’s report

Auditor’s report

■ Order intake was down 4 percent to 78.4 MSEK (81.2). Adjusted for the impact of exchange rates betweencomparative periods, order intake was unchanged.

■ Net sales were up 13 percent to 82.2 MSEK (72.6).

Adjusted for the impact of exchange rates between comparative periods, net sales increased by 17 percent.

■ EBITDA amounted to -15.3 MSEK (-20.5) and EBIT amounted to -20.0 MSEK (-21.7).

■ Profit before tax amounted to -20.1 MSEK (-21.8). ■ Earnings per share amounted to SEK -2.7 (-2.9).

■ Cash flow amounted to -4.6 MSEK (-42.3), of which -11.4 MSEK (-28.5) came from operating activities, -3.0 MSEK (-13.5) from investing activities and 9.8 MSEK (-0.3) from financing activities.

■ The Board of Directors proposes that no dividend should be paid for the 2020 financial year. The dividend proposal is based on the fact that the company is in a strong growth phase.

March

Lazar Robotic Welding joins the list of dealers in South Africa. March

Attended the Modex fair in Atlanta, USA. Q2

February

Took part in the ExpoManufactura fair in Monterrey, Mexico. March

Launches e-commerce on flexqube.shop.

13%

4.4 MSEK

Sales growth Order intake eQart June

Receives orders for both Liftrunner and FlexQube carts totaling approximately 6 MSEK from subcontractors in the automotive industry.

May

Mikael Bluhme is elected to FlexQube's board of directors.

Total number of customers, accumulated 2017-2020:

770

30 170

July

BG Log and Intralogix will be dealers in Poland and the USA respectively. September

Enters into partnership with Swiss company Bluebotics for the continued development of autonomous navigation solutions for eQart.

Insources distribution and assembly to new premises in Duncan, South Carolina. September

August

First eQart order in England.

First eQart order in Sweden. Q4

October

Synertech, Euro Art and DID Automation will be dealers in the US, Romania and Spain. December

Norway-based Kolonial places order for carts worth 2 MSEK for the food industry in Norway.

November

RoosGruppen increases its ownership in FlexQube from 5% to 15% of the shares.

Number of countries FlexQube has sold to: Number of new customers, 2020:

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