Finally, the license contract has not been accounted as revenue for 2014. The strong 58% growth in revenues to €19.4m (which was well below our expectation cf. our latest of January 28th) is not sufficient good news to offset the collapse in net income, from €2.3m in FY2013 to €-7.6m in FY2014. On the positive side, the order book grew from €29.7m as of year-end 2013 to €48.2m at year-end 2014 and to €122m at end of June 2015. Moreover, operating income increased
13 Oct 2015
Expecting a new round of capital increases
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Expecting a new round of capital increases
Finally, the license contract has not been accounted as revenue for 2014. The strong 58% growth in revenues to €19.4m (which was well below our expectation cf. our latest of January 28th) is not sufficient good news to offset the collapse in net income, from €2.3m in FY2013 to €-7.6m in FY2014. On the positive side, the order book grew from €29.7m as of year-end 2013 to €48.2m at year-end 2014 and to €122m at end of June 2015. Moreover, operating income increased