MLS INNOVATION INC.

FINANCIAL RESULTS 2015

MLS : Turnover +49%, Net profit after tax +20% for 2015

MLS posted high growth in 2015: Turnover Increased by  49% amounting to 21.4 mil. Euro from 14.38 mil. Euro last year. Profit after taxes increased by 20% amounted to 2.02 mil. Euro in 2015 compared to 1.68 mil. Euro in 2014. EBITDA amounted to 5.03 mil. Euro in 2015 from 5.57 mil. euro last year. Earnings per share amounted to EUR 0.1656.

 

The equity of the company increased to 22.58 mil. Euro from 21.11 mil. Euro last year.

 

Commenting on the financial results of 2015 the President and CEO of MLS Mr. John Kamatakis stated: "Despite the difficult economic environment, MLS achieved in 2015 All Time High performance in sales and high net profitability. For the entire 2015 MLS was in the first place in the Greek market for Tablets before Apple and Samsung both in volume and in value. Hundreds of thousands of Greeks chose MLS Smartphones and Tablets honoring  MLS with their confidence. All people and engineers of the company are committed to continuously try to improve the quality of life  making their lives easier (Making Life Simple). MAIC (Mls Artificial Intelligence Center), the  personal assistant that is integrated into all MLS products (Smartphones, Tablets, Navigators, Super Smart Tvs, Diamonds) got even smarter and is constantly evolving. We are excited about the new international innovations and products that we prepare for the new year and looking forward  presenting them to  the market and Greek people.. We  believe  in 2016 being the best year in the twenty five years of company's history in all  financial numbers. That's why we intend to reward the trust of our shareholders at the end of the year with  dividend

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