Financial results
Document Actions
Every Year, Novitus sees consistently Belter financial results. Organic, dynamic growth results from a strong position in the fiscal market and further expensions of the company non-fiscal offer. This is possible considering stable grounds for the company operations. Precisely because of this Novitus from the very beginning notes consistently bigger profits. Moreover, compared to its competition, sales profitability is very high.
Origins of our good results may be seen in constant adding further products to our offer. In addition to fiscal devices new model’s successful promotion, Novitus also significantly extended its offer of automatic identification devices, industrial weighing scales and system solutions. High dynamics of sales growth in non-fiscal segments results from sound and consistent strategy for operation diversification. Excellent sales of fiscal devices is one thing. But it is also good to note the quickly growing income from our non-fiscal products sales and services. Such a good results are achieved by excellent quality of Novitus products and an effective co-operation with its business partners.
Even today, Novitus grows at a faster rate than the whole IT market in Poland. In the near future, sensible acquisition are expected to seriously increase our financial results. Every year, Novitus sees consistently better financial results.
Selected financial data of Novitus SA Capital Group
| thou. PLN | I-IIIQ. 2008 | 2007 | 2006 | 2005 |
| Revenue on sales of products, goods and materials | 55 087 | 69 622 | 59 304 | 57 768 |
| Gross sales revenue | 21 829 | 26 748 | 22 520 | 20 404 |
| EBITDA | 11 556 | 13 106 | 12 181 | 10 452 |
| EBIT | 9 021 | 9 858 | 9 312 | 8 026 |
| Gross profit | 8 945 | 9 487 | 9 361 | 8 439 |
| Net profit | 7 167 | 7 997 | 7 441 | 6 929 |
| Net profit to shareholders | 7 049 | 7 874 | 7 441 | 6 929 |
| Net profitability | 13,0% | 11,5% | 12,5% | 12,0% |
| Total assets | 95 802 | 104 411 | 50 498 | 36 077 |
| Shareholders' equity | 60 480 | 61 219 | 29 850 | 25 875 |
Selected financial data of Novitus SA
| thou. PLN | I-IIIQ. 2008 | 2007 | 2006 | 2005 |
| Revenue on sales of products, goods and materials | 52 772 | 68 636 | 59 304 | 57 768 |
| Gross sales revenue | 20 834 | 26 063 | 22 520 | 20 404 |
| EBITDA | 11 215 | 12 783 | 12 181 | 10 452 |
| EBIT | 8 742 | 9 545 | 9 312 | 8 026 |
| Gross profit | 8 851 | 9 168 | 9 361 | 8 439 |
| Net profit | 7 135 | 7 740 | 7 441 | 6 929 |
| Net profitability | 13,5% | 11,3% | 12,5% | 12,0% |
| Total assets | 92 806 | 103 515 | 50 498 | 36 077 |
| Shareholders' equity | 58 325 | 60 459 | 29 850 | 25 875 |