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Osavuosikatsaus 1-9/2010 2010-11-18 11:08 EET OSAVUOSIKATSAUS 1-9/2010 Sisältö 1. Yhteenveto avainluvuista ja tuloksesta 2. Liiketoimintakatsaus 3. Olennaiset tapahtumat katsauskaudella 4. Olennaiset tapahtumat katsauskauden päättymisen jälkeen 5. Katsaus taloudelliseen asemaan ja tulokseen 6. Riittävä maksuvalmius 7. Tulevaisuuden näkymät 8. Arvio liiketoiminnan merkittävistä riskeistä 9. Selvitys tutkimus- ja kehittämistoiminnasta 10. Investoinnit 11. Henkilöstö ja organisaatio 12. Ympäristöasiat 13. Rahoitus ja rakennejärjestelyt 14. Hallituksen valtuutus 15. Yhtiön osakkeet ja osakkeenomistajat 16. Yhtiöstä 17. Osavuosikatsaus, Q3 2010(tilintarkastamaton) 1. Yhteenveto avainluvuista ja tuloksesta Yhteenveto konsernin taloudellista asemaa ja tulosta esittävistä avainluvuista (teuroa, ellei toisin ilmaistu): -------------------------------------------------------------------------------- | Kaudella | 7-9/2010 | 1-9/2010 | 7-9/2009 | 1-9/2009 | 2009 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Liikevaihto | 384 | 1438 | 529 | 2016 | 2491 | -------------------------------------------------------------------------------- | Liikevoitto | -2770 | -9562 | -4071 | -11841 | -15538 | -------------------------------------------------------------------------------- | Laimentamaton | -0.00 | -0.01 | -0.00 | -0.01 | -0.02 | | osakekohtainen | | | | | | | tulos (eur) | | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Kauden lopussa | | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Varat yhteensä | 3052 | | 5674 | | 8893 | -------------------------------------------------------------------------------- | Oma pääoma | -12881 | | -1295 | | -2236 | -------------------------------------------------------------------------------- | Velat yhteensä | 15933 | | 6969 | | 11129 | -------------------------------------------------------------------------------- 2. Liiketoimintakatsaus GeoSentric on paikannukseen perustuvien palveluiden sekä paikkaperusteisten sosiaalisten verkostojen ratkaisujen, tuotteiden ja teknologioiden kehittäjä ja tarjoaja. Se kehittää johtavaa geo-integraatioalustaa mobiililaitteille, henkilökohtaisille navigointilaitteille, Internet-selaimille ja muille Internet-päätelaitteille, joka tarjoaa paikkaperusteisten palvelujen, yhteisöllisen verkostoitumisen sekä haku-, mobiili- ja Web 2.0 -teknologioiden konvergenssia hyödyntäen rakennettuja sovelluksia ja paketoituja ODM/OEM -ratkaisuja kuluttaja- ja yritysmarkkinoille. Sen aineettomia oikeuksia toimitetaan ohjelmistona ja palveluina tuotteissa, joihin kuuluvat GyPSii-tuotealusta (”GyPSii”) sekä käyttövalmiit integroidut GPS/GSM-laitteet navigointiin ja kohteen seurantaan ja teollisuudenalakohtaisesti räätälöitävissä olevat ohjelmistoratkaisut (”TWIG”). Lisäksi GeoSentric tarjoaa Internet-pohjaisia paikannuspalveluja, joiden avulla käyttäjä voi paikantaa muita GeoSentricin laitteita. GyPSii-alusta ja TWIG-tuotesarja täydentävät toisiaan ja mahdollistavat GeoSentricille sen kaikkien ohjelmistoihin ja palveluihin kohdistuvien aineettomien oikeuksien hyödyntämisen tehokkaalla tavalla sekä tuotteiden ja palveluiden toimittamisen kahdelle eri markkinalle, GyPSii-tarjonnan geososiaalisen verkostoitumisen/LBS-sektorille ja TWIG-tarjonnan LBS/B2B-sektorille. Vuonna 2010 GyPSii-alustan palveluiden ja sovellusten liiketoimintamalli on ollut ohjelmistoteknologian ja tuotteistettuja tavaramerkkejä koskevien aineettomien oikeuksien yhdistetty lisensiointi sekä mainostulojen kerääminen sovellusalustalla yhteistyössä mobiili- ja verkko-operaattorien kanssa. Tämän mukaisesti katsauskaudella 1-9/2010 konserni keskittyi turvaamaan sopimukset suurien jakelukumppanien kanssa saadakseen tuotteen integroiduksi näiden uusiin laitteisiin ja palveluihin ja laajentaakseen GyPSiitä tukevien laitteiden valikoimaa. Jakelukumppanien laajamittaiset markkinointi- ja lanseeraussuunnitelmat vuonna 2010 ovat tuottaneet merkittäviä käyttäjävolyymejä GyPSiille, minkä odotetaan vaikuttavan positiivisesti GyPSiistä saatavaan liikevaihtoon vuoden 2010 viimeisellä neljänneksellä, vuoden 2011 aikana ja sen jälkeen. Konsernin liikevaihto kaudella 1-9/2010 oli 1438 teuroa, ja on alempi (- 28,7%) verrattuna 2016 teuron liikevaihtoon kaudella 1-9/2009. Myynnin kokonaiskustannukset olivat kaudella 1-9/2010 1594 teuroa, mikä vastaa 7,4% vähennystä verrattuna edellisen vuoden vertailukauden 1-9/2009 kustannuksiin 1722 teuroa. Katsauskauden liikevaihto muodostui lähes kokonaisuudessaan TWIG-tuotteiden ja -aineettomien oikeuksien myynnistä. Liikevaihdon lasku johtui vanhemman Discovery Pro -tuotteen myynnin jatkuvasta vähenemisestä, mitä uudemman Protector -tuotteen myynti ei riittänyt kattamaan. Katsauskauden 1-9/2010 bruttokate oli -156 teuroa (-10,8%) verrattuna edellisen vuoden vertailukauden 1-9/2009 294 teuron (14,6%) bruttokatteeseen. Tämä bruttokatteen lasku ja myytyjen tuotteiden kustannusten suhteellinen nousu heijastavat 455 teuron varaston alaskirjauksia toisella vuosineljänneksellä ja TWIG- tuotelinjan jatkunutta hintaeroosiota, jotka molemmat aiheutuvat siitä, että TWIG Discovery -tuotteet ovat saavuttamassa elinkaarensa pään. Liiketoiminnan kulut laskivat katsauskaudella 1-9/2010 9407 teuroon edellisen vuoden vertailukauden 1-9/2009 12135 teurosta, mikä vastaa 22,5 % laskua. Tämä johtui pääosin vähennyksistä henkilöstömäärässä sekä insinöörityön yhdistämisestä matalamman kustannustason maiden kanssa, esimerkiksi Kiinan, suhteessa vertailukauteen sekä vertailukauden asianajokustannuksista, jotka liittyivät tuolloin käynnissä olleeseen, mutta sittemmin sovintoon päättyneeseen oikeudenkäyntiin. Lisäksi GeoSolutions BV:n vuonna 2007 toteutetusta hankinnasta kirjatut aineettomat hyödykkeet/oikeudet, joista tehtiin poistot kolmen vuoden ajanjaksolla, tulivat täysin poistetuksi Q1/2010 loppuun mennessä. Tämä johti alhaisempiin 500 teuron poistoihin kaudella 1-9/2010 verrattuna 1500 teuron kuluun kaudella 1-9/2009. Q3/2010 liiketoiminnan kulut sisältävät kertaluonteisen kulun 509 teuroa, joka liittyy 24 työntekijän irtisanomiseen Suomessa seurauksena Suomen TWIG-toimintojen supistamisesta. Tulos ennen veroja katsauskaudella 1-9/2010 oli -10585 teuroa, verrattuna kauden 1-9/2009 -12259 teuroon. Katsauskauden 1-9/2010 tulos per osake oli -0,01 euroa osakkeelta. 3. Olennaiset tapahtumat katsauskaudella Olennaiset tapahtumat kaudella 7-9/2010 olivat seuraavat: Yhtiö ilmoitti 9.7.2010 aloittavansa YT-menettelyn suomalaisen työvoimansa kanssa sopeuttaakseen työvoiman määrän vastaamaan vähentyvää TWIG- tuotemyyntiä. Yhtiö ilmoitti neuvottelujen lopputuloksena 20.9.2010 irtisanovansa 24 ja lomauttavansa 11 työntekijää. Yhtiö on myös jatkanut liiketoimintasuunnitelmansa toteuttamista ja vaadittuja kustannusvähennyksiä varsinaisessa yhtiökokouksessa 30.6.2010 hyväksytyn lisärahoituksen ehtojen täyttämiseksi. Kustannusvähennykset toteutettiin kaikilla liiketoiminnan osa-alueilla henkilöstövähennyksinä sekä korkeamman kulutason alueiden insinöörityöresurssien yhdistämisellä kiinalaisten resurssien kanssa. Aiemmin tiedotetun mukaisesti Yhtiö turvasi lisärahoituksen johtavalta sijoittajaltaan 6000 teuron vakuudellisella vaihtovelkakirjalainalla, jonka laski liikkeeseen Yhtiön täysin omistama hollantilainen tytäryhtiö GeoSolutions Holdings N.V (”GHNV”). Lainan ensimmäinen erä 2500 teuroa nostettiin kesäkuussa 2010 ja toinen erä 2500 teuroa nostettiin 1.9.2010. Jäljellä oleva 1000 teuron määräinen erä oletetaan nostettavan viimeisen vuosineljänneksen aikana. Katsauskauden aikana hallitus on jatkanut vaihtoehtojen selvitystä konsernin mahdollisuuksista luopua mobiililaiteliiketoiminnastaan. Yhtiö tiedotti 22.9.2010, että Dan Harple on eronnut tehtävästään CEO:na ja että hänen paikkansa ottaa Winston Guillory välittömin vaikutuksin, sekä lisäksi että Dan Harple jatkaa Yhtiön ja sen uuden CEO:n strategisena neuvonantajana. 4. Olennaiset tapahtumat katsauskauden päättymisen jälkeen 23,750,000 uutta, syyskuussa annettua osaketta rekisteröitiinkaupparekisteriin lokakuussa, mikä kasvatti Yhtiön osakemäärän 921,676,354 osakkeeseen. Yhtiö tiedotti 9.11.2010, että Dan Harple on eronnut tehtävästään hallituksen jäsenenä keskittyäkseen täysipäiväisesti ammatillisiin aktiviteetteihinsa Shamrock Ventures B.V.:ssä, ja että samaan aikaan GeoSentric-konsernin ja Shamrock Ventures B.V.:n välillä solmittu liikkeenjohtopalveluita koskeva sopimus on päättynyt. Kuten aiemmin on tiedotettu, Dan Harple osallistuu jatkossa Yhtiön toimintaan yhtenä sen merkittävistä osakkeenomistajista. 5. Katsaus taloudelliseen asemaan ja tulokseen Yhtiö on säilyttänyt katsauskaudella vakavaraisuuden ja maksuvalmiuden. Konsernin taloudellista asemaa ja tulosta kuvaavat avainluvut olivat seuraavat (teuroa, ellei toisin mainita): -------------------------------------------------------------------------------- | Kaudella | 7-9/2010 | 1-9/2010 | 7-9/2009 | 1-9/2009 | 2009 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Liikevaihto | 384 | 1438 | 529 | 2016 | 2491 | -------------------------------------------------------------------------------- | Liikevoitto | -2770 | -9562 | -4071 | -11841 | -15538 | --------------------------------------------------------------------------------
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