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Sensys Gatso Group AB (“Sensys Gatso” or the “Company”) today announces its intention to carry out a directed new share issue of SEK 50 million to primarly institutional investors (the “Directed New Share Issue”).

After nearly two years of providing a fully managed, automated number plate recognition (ANPR) program to identify uninsured vehicles on Oklahoma roads, Sensys Gatso USA and the Oklahoma District Attorneys Council (DAC) are mutually parting ways with regard to this effort.

April – June 2020
- Net Sales MSEK 93.5 (96.9)
- Order intake MSEK 282.6 (141.5)
- Operating profit (EBIT) MSEK -0.9 (-8.2)
- Operating profit (EBITDA) MSEK 12.3 (4.4)
- Total Comprehensive income MSEK -17.1 (-5.1)
- Earnings per share, before and after dilution (SEK) 0.00 (-0.01)
- Cash flow from operating activities MSEK 1.8 (-2.7)

January – June 2020
- Net Sales MSEK 189.1 (175.3)
- Order intake MSEK 316.2 (241.4)
- Operating profit (EBIT) MSEK -14.6 (-20.4)
- Operating profit (EBITDA) MSEK 13.3 (4.3)
- Total Comprehensive income MSEK -12.4 (-7.1)
- Earnings per share, before and after dilution (SEK) -0.01 (-0.02)
- Cash flow from operating activities MSEK 21.7 (-23.3)

I samband med förvärvet av Gatso Beheer under 2015 ställdes det, som en del av köpeskillingen, ut en revers om cirka 6,8 miljoner EUR. Reversen kan under vissa förutsättningar konverteras till nya aktier i Sensys Gatso Group. Per den 30 juni 2020 uppgick utestående revers till 2,84 miljoner EUR.

In connection with the acquisition of Gatso Beheer B.V. in 2015 a vendor note of approximately EUR 6.8 million was issued as part of the consideration. The vendor loan may under certain circumstances be converted into new shares in Sensys Gatso Group. The remaining part of the vendor loan amounted to a total of EUR 2.84 million per June 30, 2020.

Sensys Gatso Group, a global leader in traffic safety solutions, has received a new contract from Tahakom in Saudi Arabia. Tahakom is an existing customer from whom Sensys Gatso received its first order in 2018, worth SEK 60 million. The new contract is worth SAR 119 million, corresponding to approximately SEK 275 million.

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Australia, has received a Purchase Order Award that extends the value of an existing TRaffic enforcement as a Service (TRaaS) contract by AUD 1 million, corresponding to SEK 6.4 million over the next 2 years. This order was received for the upgrade of camera systems for the Australian Capital Territory (ACT) Government. As a result of this order, the existing TRaaS maintenance services provided to the ACT Government will extend to a total contract value of services of AUD 1.45 million, corresponding to SEK 9.3 million over the next 2 years.

Sensys Gatso Group, a global leader in traffic safety solutions, has been awarded through its Malaysian partner a tender to supply the Malaysian Government with traffic enforcement products and services for two years. Sensys Gatso received the first order under the procurement award for the first batch consisting of in-vehicle speed enforcement equipment, corresponding to SEK 1,8 million. The in-vehicle systems will be installed in Q4, 2020.

Sensys Gatso Group, a global leader in traffic safety solutions, has completed the financing transaction of SEK 50 million with Rabobank for financing of its growth plan. As mentioned in our Q1 2020 report to the market, we have met our expectation to close this transaction in the second quarter.

Sensys Gatso Group, a global leader in traffic safety solutions, has received a four year TRaaS contract extension for the operation and maintenance of the Dutch A2 section control system which is part of the EG033 contract. The contract extension has a value of EUR 800 thousand, corresponding to SEK 8 million, over the four year period. With this four years extension, the total length of this TRaaS contract will be 12 years.