SAFETURE AB INVESTOR RELATIONS

GWS Production AB (publ) publishes the annual report for 2018

GWS Production AB (publ) (“GWS”) today announces that the annual report for the financial year 2018 is available on the company’s website globalwarningsystem.com.

Summary of Annual Report 2018:
Year in figures

  • Net turnover for the year amounted to SEK 18.9 (14.2) million for the Group and the corresponding figure for the Parent Company was SEK 12.9 (8.9) million.
  • Operating result for the year for the Group amounted to SEK -10.7 (-13.0) million and for the Parent company the corresponding figure was -9.4 (-11.0).
  • The result for the year amounted to SEK -10.5 (-12.5) million for the Group and the corresponding figure for the Parent company was SEK -11.1 (-11.5) million.
  • Cash and cash equivalents amounted to SEK 19.9 (14.1) million at the end of the year and cash and cash equivalents for the Parent company was SEK 17.5 (13.5) million.
  • Earnings per share for the Group amounted to SEK -0.59 (-0.84) before dilution and -0.55 (-0.78) after dilution. The corresponding figures for the Parent company amounted to -0.63 (-0.79) before dilution and -0.58 (-0.73) after dilution.

Events in brief in 2018
A franchisor to a very successful and global retail concept extends its agreement with GWS significantly. The agreement is initially extended for at least two years and has an order value over the two-year period of 264,000 euros.

  • GWS is tasked with improving the safety of everyone working off the coast of Malaysia. The agreement is a pilot study of two years and is worth MYR 550,000, about SEK 1.2 million.
  • GWS signs agreement with Tempest Security AB. The agreement runs for three years with a total value of approximately 89,000 euros.
  • GWS buys out partners in GWS Asia in Malaysia. The purchase is paid via a directed issue of 611,162 shares in GWS Production AB.
  • GWS announces that a total of 794,000 warrants have been subscribed for by series 2018/2021. A decision on a directed issue of warrants of series 2018/2021 was made at the Annual General Meeting on May 29, 2018.
  • Entrepreneur Greg Dingizian invests SEK 15 million in GWS via Adma Förvaltnings AB. A resolution on a directed issue is taken at an extraordinary general meeting on October 17, 2018.
  • The insurance giant Chubb INA Holdings extends the agreement with GWS until August 2021. Chubb also extends the agreement with e-learning tools for the users of the platform “Chubb Travel Smart”.
  • GWS signs agreement with Falck Global Assistance. The total initial value of the agreement, spread between 1-3 years, is approximately SEK 6.4 million.
  • GWS signs agreement with security company Expat Preventive in the Netherlands.
  • The insurance company ERV extends its agreement with GWS until mid-2020. The extension is worth approximately SEK 3 million.

 Events after the end of the period

  • GWS signs agreement with ACASIA Communications Sdn Bhd in Malaysia for access to the GWS resident security platform in Malaysia. The agreement is a pilot that extends over two years and the total order value amounts to approximately 170,000 euros

 
For additional information, visit www.globalwarningsystem.com or contact:
GWS CEO Andreas Rodman: +46 (0) 708 – 10 13 16.  andreas.rodman@globalwarningsystem.com

About GWS Production AB and Safeture
GWS, Global Warning System, was founded in 2009, triggered by the experience with a global SARS epidemic, the 2004 Indian Ocean tsunami and the Mumbai terror attacks. The company offers a unique security platform: Safeture, which is the new, complete way to take control of employee safety with a state-of-the-art technology. The GWS share is listed on NASDAQ First North Stockholm. Erik Penser Bank AB is the Certified Adviser. Ph: +46 8-463 83 00 E-mail: certifiedadviser@penser.se.