December 05, 2016 8:10 AM ET

Wireless Telecommunication Services

Company Overview of CLX Networks AB

Company Overview

CLX Networks AB provides mobile enterprise messaging solutions for mobile network operators. Its solutions include outbound SMS services that deliver text messages from enterprise applications to various subscribers’ handsets; inbound SMS services that supports the reception of messages from mobile subscribers’ handsets to mobile enterprise applications; number lookup, which enables the identification of the mobile operator that a subscriber belongs to and the country where the subscriber is currently roaming; and USSD services that supports interactive menu structures. The company also offers supporting services, such as commercial support, integration support, service communication, techni...

Kista Science Tower

PO Box 1206

Kista,  164 28

Sweden

Founded in 2008

Phone:

46 8 32 75 10

Key Executives for CLX Networks AB

Managing Director and Director
Age: 41
Vice President of Operations and Support
Vice President of Sales and Director
Compensation as of Fiscal Year 2016.

CLX Networks AB Key Developments

CLX Networks AB Reports Earnings Results for the Fourth Quarter and Full Year Ended June 2016

CLX Networks AB reported earnings results for the fourth quarter and full year ended June 2016. For the quarter, the company reported, net sales increased by 24% to SEK 290.3 million compared with SEK 234.4 million for the same period a year ago. Adjusted for foreign exchange fluctuations the growth was 26%. LBITDA amounted to SEK 1.0 million compared with EBITDA SEK 10.1 million for the same period a year ago. EBITDA excluding items affecting comparability amounted to SEK 12.0 million compared with SEK 16.4 million for the same period a year ago. LBIT amounted to SEK 2.9 million compared with EBIT of SEK 8.5 million for the same period a year ago. Net loss for the quarter amounted to SEK 5.8 million compared with net profit of SEK 2.9 million for the same period a year ago. Diluted loss per share amounted to SEK 0.18 compared with earnings per share of SEK 0.10 million for the same period a year ago. For the full year, the company reported net sales increased by 27% to SEK 1,074.2 million compared with SEK 844.4 million for the same period a year ago. Adjusted for foreign exchange fluctuations the growth was 24%. EBITDA amounted to SEK 65.7 million compared with SEK 93.1 million for the same period a year ago. EBITDA excluding items affecting comparability amounted to SEK 92.7 million compared with SEK 89.1 million for the same period a year ago. EBIT amounted to SEK 58.7 compared with SEK 88.7 million for the same period a year ago. Net profit for the period amounted to SEK 41.9 million compared with SEK 52.9 million for the same period a year ago. Diluted earnings per share amounted to SEK 1.25 compared with SEK 1.77 for the same period a year ago.

CLX Communications and CITIC Telecom International Sign Agreement with a Leading Mobile Operator in Hong Kong for SMS Security Solution

Symsoft has via its strategic partnership with CITIC Telecom International signed an agreement with a leading mobile operator in Hong Kong to secure their network with an SMS Firewall solution. The security solution will be provided and deployed in the mobile operator's network where CLX Communications and CITIC Telecom International will manage, monitor and provide continuous upgrades in order to keep the network secured from illicit SMS traffic. The security solution will protect subscriber integrity as well as provide revenue assurance for the mobile operator. The agreement is for an initial period of three years. With SMS Firewall services, mobile operators can further enhance their customer satisfaction by protecting them against SMS fraud and spam.

CLX Networks AB(OM:CLX) added to OMX Nordic All-Share Index

CLX Networks AB has been added to OMX Nordic All-Share Index.

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Recent Private Companies Transactions

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