- Net sales for January-March totaled EUR 2.0 million, up +27 percent year on year (EUR 1.6 million in Q1/2005). - Operating loss for January-March amounted to EUR -0.6 million (a loss of -1.9 million in Q1/2005), loss EUR -0.4 million (-1.9 million). The profitability improvement was a result of the growth of sales and the decrease of expenses. - During the period, the company concluded agreements with a number of new customers, the most significant for this quarter being a major German manufacturing company now using SSH Tectia to secure their IBM mainframe infrastructure. - Thanks to growth in tenders, new customers and active new product evaluations, the year 2006 is expected to continue to show a markedly better performance compared to 2005.
The full report including tables can be downloaded from the enclosed link.