Annual Report 2020
With restless innovation
If anything, the pandemic has bolstered the case for connected technology, driving up adoption rates the world over, as people have sought out contactless experiences that do not leave them isolated: remote work, online medical consultations, virtual events, online shopping, micromobility, and the list goes on.
Financial highlights
Revenue in m CHF
333.5
EBITDA (adjusted) in m CHF
42.2
Operating profit (EBIT) (adjusted) in m CHF
18.0
Net profit before minorities in m CHF
-64.9
Net profit before minorities (adjusted) in m CHF
2.9
Gross profit margin (adjusted) in %
45.3
Operating cash flow in m CHF
39.1
Free cash flow in m CHF (before aquisitions)
-3.4
Equity ratio in %
54.6
Annual results 2020
Despite the vast and varied challenges that the global COVID-19 pandemic brought upon our business in 2020, we see ample ground for optimism going forward.
Comments on theAnnual Results
Letter toOur Shareholders
Customer Relationships
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