Sivers IMA

Sivers IMA is a leading developer and manufacturer of advanced millimeter wave products.

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wireless connectivity

15Feb2019

Year-end report 2018

Fourth quarter October to December 2018

· Operating income for the quarter amounted to SEK 37,066 thousand (42,056), which is a decrease of 12 percent
· Net sales for the quarter amounted to SEK 16,834 thousand (32,971), which is a decrease of 49 percent
· Earnings before depreciation (EBITDA) for the quarter amounted to SEK -21,229 thousand (1,525)
· Result for the quarter amounted to SEK -30,147 thousand (-4,831)
· Earnings per share amounted to SEK -0.26 (-0.05)
· Equity per share amounted to SEK 2.07 (2.12)
· Operating income for the period amounted to SEK 119,761 thousand (95,837), which is an increase 
of 25 percent
· Net sales for the period amounted to SEK 69,835 thousand (65,493), which is an increase of 7 percent
· Earnings before depreciation (EBITDA) for the period amounted to SEK -57,548 thousand (-19,568)
· Result for the period amounted to SEK -102,971 thousand (-45,617)
· Earnings per share amounted to SEK -0.87 (-0.49)
· Equity per share amounted to SEK 2.07 (2.12)

January to December 2018

· Operating income for the period amounted to SEK 119,761 thousand (95,837), which is an increase 
of 25 percent
· Net sales for the period amounted to SEK 69,835 thousand (65,493), which is an increase of 7 percent
· Earnings before depreciation (EBITDA) for the period amounted to SEK -57,548 thousand (-19,568)
· Result for the period amounted to SEK -102,971 thousand (-45,617)
· Earnings per share amounted to SEK -0.87 (-0.49)
· Equity per share amounted to SEK 2.07 (2.12)

Significant events during the period October to December:

· CST Global receives a framework order of SEK 21.5 million from an American Fortune 100 company
· Sivers IMA carries out a directed new share issue of SEK 43.4 million
· Sivers IMA announces a joint 5G base station development project with Ampleon
· Sivers IMA announces that the WiGig chip TRX BF01 is ready for commercial production
· Sivers IMA has announced that it has signed an agreement with an Eastern European wireless broadband system provider
· Sivers IMA has signed a letter of intent for the use of its unlicensed 5G products in ultrasound examination applications

Significant events following the period:

· Sivers IMA has announced that it has signed an agreement with an Eastern European wireless broadband system provider
· Sivers IMA has signed a letter of intent for the use of its unlicensed 5G products in ultrasound examination applications

07Feb2019

Sivers IMA, Blu Wireless and Fujikura jointly deliver 5G connectivity at Mobile World Congress 2019

This year’s Mobile World Congress in Barcelona will cast the spotlight on Intelligent Connectivity – 5G in particular.

Combining their individual expertise, UK based Blu Wireless, Swedish Sivers IMA and Japanese firm Fujikura will publicly show live demonstrations of both unlicensed 5G at 57-71 GHz (WiGig) as well as licensed 5G at 24.0-29.5 GHz. 

30Jan2019

Sivers IMA sign agreement for use of unlicensed 5G in ultra sonic examination application

Today,Sivers IMA Holding AB (Nasdaq First North: SIVE, the Company) announces it has, together with their Japanese reseller, NetWell, and baseband partner CLOP Technologies signed a Memorandum of Understanding with a Japanese provider of leading technology using radio technology in the medical equipment field.

16Jan2019

Sivers IMA today announces RFIC mmWave design win from an Eastern European based Broadband Wireless Access system supplier

Sivers IMA Holding AB (Nasdaq First North: SIVE, the company) announced today that the company has signed an agreement with an Eastern European Broadband Wireless Access system supplier. The customer has 

a substantial global footprint and Sivers IMA will supply millimeter wave (mmWave) chips for their new fixed wireless access products. The company plan to develop a commercial solution for launch before the end of 2019.  

21Dec2018

Sivers IMA today announces a 5G joint development project with Ampleon for 5G base stations

Sivers IMA Holding AB (Nasdaq First North: SIVE, the company) announced today that the company has signed a joint development agreement with Ampleon to develop the next generation millimiterwave (mmWave) chips for 5G base stations.

20Dec2018

Siver IMA announces today that the WiGig chip TRX BF01 is ready for volume production

Sivers IMA Holding AB (Nasdaq First North: SIVE, the company) announced today that the companies WiGig chip TRX BF01 (also called unlicensed 5G) has undergone final testing, verification and qualification and is now ready for volume production.

16Nov2018

Sivers IMA Interim Report January–September 2018, a strong quarter with two new 5G customers and clearly improved EBITDA result compared to both 2017 and the 2nd quarter 2018.

Third quarter 2018

· Operating income for the period amounted to SEK 34,624 thousand (24,752), an increase of 40 percent
· Net sales for the period amounted to SEK 25,217 thousand (15,016), an increase of 68 percent
· Earnings before depreciation (EBITDA) for the period amounted to SEK -3,301 thousand (-10,508)
· Result for the period amounted to SEK -19,276 thousand (-22,031)
· Earnings per share amounted to SEK -0.17 (-0.22)
· Equity per share amounted to SEK 2.09 (2.24)

16Nov2018

Sivers IMA Interim Report January–September 2018, a strong quarter with two new 5G customers and clearly improved EBITDA result compared to both 2017 and the 2nd quarter 2018.

Third quarter 2018

· Operating income for the period amounted to SEK 34,624 thousand (24,752), an increase of 40 percent
· Net sales for the period amounted to SEK 25,217 thousand (15,016), an increase of 68 percent
· Earnings before depreciation (EBITDA) for the period amounted to SEK -3,301 thousand (-10,508)
· Result for the period amounted to SEK -19,276 thousand (-22,031)
· Earnings per share amounted to SEK -0.17 (-0.22)
· Equity per share amounted to SEK 2.09 (2.24)

13Nov2018

Sivers IMA presents at Redeye Technology Day 2018

On 20th of November, Anders Storm, CEO of Sivers IMA Holding AB (Nasdaq First North: SIVE, the Company) will participate at Redeye Technology Day together with some of the most interesting tech companies in Scandinavia.

01Nov2018

Sivers IMA and Blu Wireless Technology showcased market-ready pre-11ay system at TIP Summit and Broadband World Forum

Sivers IMA Holding AB (Nasdaq First North: SIVE, the Company) and Blu Wireless Technology have completed two major, successful live demonstrations of their multi-Gbit pre-11ay mmWave communication system. At the Telecom Infra Project Summit, London, and the Broadband World Forum, Berlin, in October. Sivers IMA has together with, the IP baseband company Blu Wireless showcased the combined technologies in two point to multi-point (P2MP) live demonstrations.

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    Iain Eddie

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