Earnings Growth 22.78 %

9M 2013

Rise of the financials figures for the fifth consecutive quarter

Continued for the fifth quarter in a row rising financial figures MLS Informatics SA,  which substantially improved its financial numbers in the first nine months of 2013. Further, the period from January to September of the current year the company's turnover stood at 6.09 million increased by 21 % , compared to 5.02 million in the corresponding period of 2012. Profit after tax rose by 23 % and amounted to 1.35 million euros, compared to 1.10 million in 9M 2012. EBITDA increased by 13 % and amounted to 3.62 million versus 3.21 million over the period January to September 2012.

Equity amounted to 19.1 million €, while cash stood at 2.64 million € increased by 146 % compared to 30/09/2012.

After finalizing the financial results for the 9 months the president and CEO of MLS Informatics SA Kamatakis John said: "We believe that the three years 2014 to 2016 will be very exciting for the MLS. In the last year and a half we set the foundations in the development of our first Greek innovative mobile phones and tablets. The Greek navigators MLS Destinator Talk & Drive conquered the Greek market with a share of over 50 % while sold today and in six other countries (Turkey, Chile, Morocco , Cyprus , Saudi Arabia and Jordan) . We will put all our efforts for the Greek mobile MLS iQTalk and Greek tablets MLS iQTab to also follow a remarkable course for the next three years. We have amazing innovations and new products under development, that will be released in the coming months in the market aimed to make our lives easier : Making Life Simple (MLS) ».