PRODUCTS & SERVICES ABOUT BITTIUM INVESTORS Blog Events Jobs Contact Us FI 5 Years Development Income Statement (MEUR) IFRS 2020 Continuing operations IFRS 2019 Continuing operations IFRS 2018 Continuing operations IFRS 2017 Continuing operations IFRS 2016 Continuing operations Net sales, (MEUR) *) 78.4 75.2 62.8 51.6 64.2 Net sales change, % 4.2 19.7 21.7 -19.6 13.0 Operating profit/loss, (MEUR) *) 2.1 6.3 2.8 -6.2 2.5 % of net sales 2.7 8.4 4.5 -12.0 4.0 Profit / loss for Continuing Operations before taxes, (MEUR) 1.6 5.9 2.7 -5.8 3.1 % of net sales 2.1 7.9 4.3 -11.3 4.9 Profit of the year from Continuing Operations, (MEUR) 2.2 7.6 4.0 -4.8 3.5 % of net sales 2.8 10.2 6.4 -9.2 5.5 Profit after tax for the year from Discontinued Operations, (MEUR) 0 0 0 1.7 0.0 % of net sales 0 0.0 0.0 3.2 0.0 Profit for the year attributable to equity holders of the parent, (MEUR) 2,2 7.6 4.0 -3.1 3.5 % of net sales 2,8 10.2 6.4 -6.0 5.5 Balance sheet (MEUR) IFRS 2020 Continuing operations IFRS 2019 Continuing operations IFRS 2018 Continuing operations IFRS 2017 Continuing operations IFRS 2016 Continuing operations Non-current assets 86.4 80.5 65.9 46.7 30.3 Inventories 20.9 18.2 14.6 10.6 4.1 Current assets 50.7 55.6 51.9 81.1 118.9 Assets classified as held for sale Sharelolders' equity 114.2 112.3 110.0 116.7 130.6 Non-current liabilities 21.9 22.1 1.9 1.5 3.1 Current liabilities 21.8 19.9 20.5 20.2 19.6 Liabilities classified as held for sale Balance sheet total 158.0 154.2 132.4 138.4 153.3 Profitability and Other Key Figures IFRS 2020 Continuing operations IFRS 2019 Continuing operations IFRS 2018 Continuing operations IFRS 2017 Continuing operations IFRS 2016 Continuing operations Return on equity, % (ROE) 1.9 6.9 3.6 -3.9 2.6 Return on investment % (ROI) 1.6 5.0 3.7 -4.5 2.6 Interest-bearing net liabilities, (MEUR) -2.1 -12.6 -29.4 -61.7 -91.8 Net gearing, % -1.9 -11.2 -26.7 -52.9 -70.3 Equity ratio, % 73.1 73.4 84.7 85.6 87.0 Gross investments, (MEUR) *) 17.4 21.3 21.2 20.1 18.5 Gross investments, % of net sales 22.2 28.3 33.8 38.8 28.8 R&D costs, (MEUR) *) 22.8 25.1 21.6 15.0 6.9 R&D costs, % of net sales 29.1 33.4 34.4 29.1 10.8 Average personnel during the period, parent and subsidiaries *) 673 665 660 614 569 Stock-Related Financial Ratios IFRS 2020 IFRS 2019 IFRS 2018 IFRS 2017 IFRS 2016 Earnings per share from continuing operations, EUR Basic earnings per share 0.061 0.214 0.113 -0.133 0.098 Diluted earnings per share 0.061 0.214 0.113 -0.133 0.098 Earnings per share from discontinued operations, EUR Basic earnings per share 0.046 0.000 Diluted earnings per share 0.046 0.000 Earnings per share from continuing and discontinued operations, EUR Basic earnings per share 0.061 0.214 0.113 -0.087 0.098 Diluted earnings per share 0.061 0.214 0.113 -0.087 0.098 Equity per share, EUR 3.2 3.15 3.08 3.27 3.66 Dividend per share, EUR *) 0.0 0.1 0.15 0.3 0.3 Dividend per earnings, % 0.0 46.7 132.7 -344.6 305.3 P/E ratio 94.9 30.4 53.0 -64.9 57.7 Effective dividend yield, % 0.0 1.5 2.0 5.3 5.3 Market values of shares (EUR) Highest 7.67 8.03 8.1 7.88 7.40 Lowest 3.40 5.91 4.71 5.55 5.15 Average 5.74 6.70 5.98 6.55 6.05 At the end of period 5.79 6.50 7.61 5.65 5.67 Market value of the stock, (MEUR) 206.7 232.0 271.6 201.7 202.4 Trading value of shares MEUR 117.9 51.5 75.4 83.1 126.4 1000 pcs 20 557 7 689 12 608 12 684 20 888 Related to average number of shares % 57.6 21.5 35.3 35.5 58.6 Adjusted number of the shares at the end of the period (1000 pcs) 35 693 35 693 35 693 35 693 35 693 Adjusted number of the shares average during the period (1000 pcs) 35 693 35 693 35 693 35 693 35 670 Adjusted number of the shares average for the period diluted with stock options (1000 pcs) 35 693 35 693 35 693 35 693 35 670 *) Proposal of the BoD for 2021 Connectivity to be trusted. Bittium Corporation Ritaharjuntie 1 FI-90590 Oulu, Finland Tel. +358 40 344 2000 Bittium in Social media: Contact Us Extranet Careers Legal Notice Privacy Statement Invoicing Addresses Desktop version Products & Services Tactical Communications Secure Communications & Connectivity Medical Technologies R&D Services About Bittium Facts & Figures Guiding Principles Sustainability Media Management Systems Suppliers Bittium Blog Investors Bittium for Investors Financial Information Stock Exchange & Press Releases Financial Reports & Presentations Corporate Governance Shares & Shareholders Copyright 2021 Bittium. All rights reserved.