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Last €0.23 EUR
Change Today -0.001 / -0.43%
Volume 51.6K
OPTI On Other Exchanges
EN Brussels
As of 11:35 AM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

option nv (OPTI) Snapshot

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52 Week High
03/6/15 - €0.36
52 Week Low
08/10/15 - €0.16
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option nv (OPTI) Details

Option NV manufactures and sells wireless communications devices in Europe, the Americas, the Asia-Pacific, and internationally. The company operates through Devices & Solutions, M2M, Embedded & Solutions, License, and Other segments. It provides routers, USB devices, and embedded wireless modules, as well as associated integration and certification services; and CloudGate solution platform that includes the CloudGate Gateway device, an intelligent and adaptable 3G/LTE wireless gateway, which provides connectivity and on-board processing power for business-critical M2M applications. The company is also involved in the connection manager software business, as well as a provision of mobile security solutions. It serves distributors, value added resellers, system integrators, original equipment manufacturers, wireless service providers, operators, and end-users. Option NV was founded in 1986 and is headquartered in Leuven, Belgium.

97 Employees
Last Reported Date: 04/29/15
Founded in 1986

option nv (OPTI) Top Compensated Officers

Founder and Executive Chairman
Total Annual Compensation: €310.0K
Compensation as of Fiscal Year 2014.

option nv (OPTI) Key Developments

Option NV Reports Consolidated Earnings Results for the Six Months Ended June 30, 2015

Option NV reported consolidated earnings results for the six months ended June 30, 2015. Total revenues were EUR 2.6 million compared with EUR 2.8 million realized in the first half of 2014. M2M related revenues increased from EUR 0.3 million to EUR 1.3 million. LBIT amounted to EUR 5.0 million compared to EUR 5.9 million during the corresponding period 2014. The net loss attributable to the owners of the company was EUR 6.0 million or EUR 0.06 per diluted share compared to EUR 6.6 million or EUR 0.07 per diluted share a year ago. Loss from operations was EUR 5.033 million against EUR 5.940 million a year ago. Loss before income taxes was EUR 5.951 million against EUR 6.576 million a year ago. Cash flow used in operating activities was EUR 2.524 million against EUR 5.989 million a year ago. Expenditure on product development, net of grants received was EUR 0.758 million against EUR 1.191 million a year ago.

Option Announces Executive Changes

Option announced appointment of Jan Luyckx as Senior Director Finance, effective July 1, 2015. Luyckx will be responsible for all international financial activities of the Option group, the financial consolidation and reporting of the company. Christine Pollie, Option's CFO, has left the company for personal reasons. Luyckx held various finance-related roles at Option, including Group Financial Controller and Business Planning Director, from 2004 till 2009.

Option NV Announces Consolidated Earnings Results for the Year Ended December 31, 2014

Option NV announced consolidated earnings results for the year ended December 31, 2014. For the year, the company reported revenues of EUR 5,230,000 against EUR 9,393,000 a year ago. Loss from operations was EUR 11,020,000 against EUR 11,054,000 a year ago. Loss before income taxes was EUR 12,822,000 against EUR 11,679,000 a year ago. Net loss of the period attributable to the owners of the company was EUR 12,856,000 or EUR 0.15 per basic and diluted share against EUR 11,703,000 or EUR 0.14 per basic and diluted share a year ago. Cash outflow from operating activities was EUR 9,226,000 against EUR 8,284,000 a year ago. Acquisition of property, plant and equipment was EUR 5,000 against EUR 20,000 a year ago.


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