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Innofactor Plc (IFA1V.HE)

IFA1V.HE on Helsinki Stock Exchange

1.73EUR
22 Jun 2017
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€0.01 (+0.58%)
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Latest Key Developments (Source: Significant Developments)

HUS selects Innofactor to implement its cloud service architecture
Tuesday, 30 May 2017 07:45am EDT 

May 30 (Reuters) - INNOFACTOR PLC :HUS SELECTS INNOFACTOR AS THE IMPLEMENTER OF ITS CLOUD SERVICE ARCHITECTURE .‍HUS ESTIMATES THAT TOTAL VALUE OF DEAL DURING CONTRACT PERIOD IS APPROXIMATELY EUR 1.2 MILLION​.  Full Article

Innofactor Q1 EBITDA EUR 1.2 million
Wednesday, 3 May 2017 02:00am EDT 

May 3 (Reuters) - INNOFACTOR PLC :Q1 NET SALES EUR 17.5 MILLION VERSUS EUR 14.6 MILLION YEAR AGO.Q1 EBITDA EUR 1.2 MILLION VERSUS EUR 0.9 MILLION YEAR AGO.FUTURE OUTLOOK FOR 2017 REMAINS SAME.  Full Article

Innofactor signs deal with IF Metall on membership management system
Tuesday, 11 Apr 2017 01:41am EDT 

INNOFACTOR PLC : SAID ON MONDAY, IF METALL SELECTED INNOFACTOR TO FURTHER DEVELOP AND SUPPORT ITS MEMBERSHIP MANAGEMENT SYSTEM . SYSTEM HAS BEEN PROVIDED EARLIER BY INNOFACTOR, AND IT IS BASED ON MICROSOFT’S DYNAMICS CRM AND INNOFACTOR’S OWN IPS .TOTAL PURCHASE VALUE IS IN MINIMUM ABOUT EUR 0.6 MILLION AND IN MAXIMUM ABOUT EUR 4 MILLION DURING 2017 TO 2020.  Full Article

Innofactor to develop the Terveyskylä virtual hospital applications
Thursday, 6 Apr 2017 07:56am EDT 

INNOFACTOR PLC : HUS SELECTS INNOFACTOR AS THE DEVELOPER OF THE TERVEYSKYLÄ VIRTUAL HOSPITAL APPLICATIONS . HUS ESTIMATES TOTAL PURCHASE VALUE DURING CONTRACT PERIOD TO BE APPROXIMATELY 1.8 MILLION EUROS, WHICH IS CONTRIBUTED TO 2017 . FINAL VALUE OF DEAL DURING CONTRACT PERIOD CANNOT HOWEVER BE KNOWN AT THIS POINT .AGREEMENT TO BE SIGNED WILL BE VALID UNTIL FURTHER NOTICE..  Full Article

Innofactor to provide services for TVR
Tuesday, 21 Mar 2017 09:10am EDT 

Innofactor Plc : Innofactor is selected as the provider of it specialist services for TVR . Framework agreement will remain valid until further notice, but for 24 months at minimum. .Comparison price (excluding VAT) of procurement for contract period is 959,550 euro ($1.04 million).  Full Article

Innofactor: share repurchase ends
Wednesday, 8 Mar 2017 01:38am EST 

Innofactor Plc : Has decided to end share repurchase program with immediate effect. . During July 7, 2016 - March 7, 2017, repurchased a total of 326,317 of company shares . Total purchase price of shares was 352,569.85 euro ($372,500) .335.317 company shares in company's posession will be given to seller of Cinteros as part of additional purchase price.  Full Article

Innofactor will pay 2016 adjustment payment of cinteros deal partly with new shares
Wednesday, 8 Mar 2017 01:36am EST 

Innofactor Plc : Will pay the 2016 adjustment payment of Cinteros deal partly with new company shares . 2016 adjustment price is about 4.6 million euros ($4.85 million)of which about 55,000 euros will be paid in cash and about 4.5 million euros in company shares . Decided on a directed share issue of new shares in connection with 2016 adjustment payment of deal .Will issue 3,286,848 new shares.  Full Article

Innofactor Q4 EBITDA rises to EUR 2.0 million
Tuesday, 7 Mar 2017 01:30am EST 

Innofactor Plc : Q4 net sales 18.0 million euros ($19 million) versus 12.6 million euros year ago . Q4 ebitda 2.0 million euros versus 1.7 million euros year ago . Net sales and operating margin (EBITDA) in 2017 is estimated to increase from 2016 .Proposes that no dividend be distributed for financial period of 2016.  Full Article

Innofactor renews long-term financial goals
Monday, 10 Oct 2016 01:35am EDT 

Innofactor Plc : Says will expand into Norway and will strengthen its position significantly in Sweden and Denmark . Aim is to achieve annual organic growth of about 20 percent by 2020 . Aim is to achieve about 20 percent EBITDA in relation to net sales by 2020 . Goal is to pay dividend to shareholders in 2020 at latest .Aim is to distribute, from part of operating margin that exceeds 10 pct, maximum dividend allowed by state of business..  Full Article

Innofactor buys Lumagate to expand in Nordic countries
Monday, 10 Oct 2016 01:30am EDT 

Innofactor Oyj : Has reached agreement on acquiring Lumagate group, Nordic IT service providers focused on cloud-based solutions in Microsoft ecosystem . Purchase price will be determined by Lumagate's EBITDA in 2016, 2017 and 2018 . Purchase price (enterprise value) is at minimum about 4.7 million euros ($5.26 million)(about 45 million Swedish crowns) and at maximum 10.5 million euros (about 100 million crowns) . Sellers will be paid in cash about 4.7 million euros in Swedish crowns upon closing what is planned to be financed with new bank loan . Rest of purchase price is intended to be paid primarily in Innofactor shares during 2018 and 2019 .Receives option to acquire Ironstone, co providing hosting services for Azure in Sweden and Denmark that do not compete with Lumagate.  Full Article

More From Around the Web

BRIEF-HUS selects Innofactor to implement its cloud service architecture

* HUS SELECTS INNOFACTOR AS THE IMPLEMENTER OF ITS CLOUD SERVICE ARCHITECTURE