Half-year Financial Report 2017

Strong organic growth accelerated Nixu’s overall growth

Highlights from January–June 2017:

  • Revenue: EUR 14,622 thousand (January–June 2016: 10,143), change +44%. Organic growth +25%.
  • EBITDA: EUR 800 thousand (107), change 644%, percentage of revenue 5% (1%).
  • EBIT: EUR 332 thousand (-434), percentage of revenue 2% (-4%). EBIT was negatively affected by a goodwill amortization of EUR 368 thousand (469).
  • Nixu acquired Expert Solution Support Center B.V., a company specializing in digital identity management support services.
  • Nixu acquired the Swedish digital forensics company Bitsec AB.
  • The number of employees exceeded 300.
  • As planned, EBITDA was affected by strategic investments in the internationalization and development of technology-based services.
nixu_corporation_half-year_financial-report_2017.pdf