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Last kr9.70 SEK
Change Today -0.15 / -1.52%
Volume 528.6K
As of 11:30 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

seamless distribution ab (SEAM) Snapshot

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52 Week High
06/16/14 - kr32.50
52 Week Low
02/25/15 - kr6.65
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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seamless distribution ab (SEAM) Details

Seamless Distribution AB, a software development company, provides technology solutions for mobile carriers, banks, supermarkets, and distributors worldwide. It operates in three segments: Transaction Switch, Distribution, and SEQR. The company offers ERS 360 transaction switch for electronic TopUps; value-added services, such as mobile payments; and managed services, including remotely and on-site surveillance, and operation and management of the platform. It is also involved in the physical and electronic distribution of Top-Up refill codes and other electronic products through retailers, banks, and online channels. In addition, the company provides SEQR for mobile payments in stores, on-line, and in-app. It handles approximately 3.1 billion transactions with deployed e-Top Up and m-commerce solutions for approximately 40 mobile operators in 26 countries on 3 continents. Seamless Distribution AB was founded in 2001 and is headquartered in Stockholm, Sweden.

147 Employees
Last Reported Date: 05/6/15
Founded in 2001

seamless distribution ab (SEAM) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: kr2.0M
Compensation as of Fiscal Year 2013.

seamless distribution ab (SEAM) Key Developments

Seamless Distribution AB Announces Consolidated and Parent Earnings Results for the First Quarter Ended March 31, 2015

Seamless Distribution AB announced consolidated and parent earnings results for the first quarter ended March 31, 2015. For the quarter, on consolidated basis, the company’s net sales were SEK 56,679,000 against SEK 40,774,000 a year ago. Operating loss was SEK 31,651,000 against SEK 33,445,000 a year ago. Loss before tax was SEK 31,688,000 against SEK 33,523,000 a year ago. After tax loss was SEK 31,795,000 against SEK 33,554,000 a year ago. Total comprehensive loss attributable to parent company shareholders was SEK 31,720,000 against SEK 33,474,000 a year ago. Loss per share was SEK 0.76 against SEK 0.80 a year ago. Cash flow used in operating activities amounted to SEK 31,659,000 against SEK 35,513,000 a year ago. For the quarter, on parent basis, the company’s net sales amounted to SEK 1,966,000 against SEK 4,000 a year ago. Operating loss was SEK 3,471,000 against SEK 6,292,000 a year ago. Loss before tax was SEK 3,471,000 against SEK 6,292,000 a year ago. Loss for the period was 3,471,000 against SEK 6,292,000 a year ago.

Seamless Approves Election of Directors

At the annual general meeting of Seamless on May 04, 2015, the shareholders approved election of Kristin Berdan for the time until the end of the next annual general meeting. Further, Hein Pretorius was elected as chairman of the board of directors.

Seamless Announces Rollout of Its Mobile Payment Service SEQR in Italy

Seamless continues its rollout of the mobile payment service SEQR. The service has been launched in the Netherlands, Germany, Spain and France and now it is time for Italy. SEQR is established in ten markets and in June the mobile payment service is planned to be launched in the US followed by UK. After the roll out in these countries SEQR is the first multijurisdictional mobile payment solution in the world with an addressable market of nearly 600 million people. The mobile service SEQR works both in stores and online, as well as through the service SEQR Shop Spot, which basically turns everything to a possible sales channel by scanning a QR code from any surface. This can be done through an ad, digital banner, a physical product or a TV commercial. With SEQR, users can also transfer money between each other without any cost. The feature works across national borders, which means that users can transfer money free of charge, to any other user within the same currency area where SEQR is available.


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Price/Sales 2.3x
Price/Book 2.7x
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