SDS AB has received a new order in the Middle East

SDS AB has received an order of 6,3 million SEK from one of the regions' most important mobile operators, in the largest market in the Middle East.

The order is received from a customer of eServGlobal, which was acquired by SDS in July this year. It is a tangible proof of trust in SDS ability to be a consolidator in its niche.

The order includes the delivery and deployment of functionality that is enhancing the existing system's capabilities in respect to the resilience and redundancy for handling the business of digital distribution and sales of electronic recharge value. The central part of the delivery is the transaction switch that manages digital accounts, processes electronic transactions and which supports a variety of efficiency enhancement solutions, enabling amongst other sales agents to engage digitally with the consumers in the country. The order also includes supply of third party hardware and software.

The mobile operator's goal with the investment is to ascertain the highest possible availability of the services provided to the consumers through its tens of thousands of trade partners. The order supports the strategic thinking and readiness in respect to the services provided by a business-critical system, being in the meantime a sign of trust in Seamless from one of eServGlobal's most significant customers.
The delivery will commence immediately and SDS plans to complete the project before the end of this year. Revenues are expected to be recognised in the fourth quarter of 2019.

"I am very pleased to see this proof of trust from one of eServGlobal's most significant customers. Although we have seen continued business from eServGlobal's customers, such as both renewals of support services and for additional functionality, it is great to receive an order which is the first of a significant value, since SDS' acquisition of eServGlobal. This is in a new market, seen from SDS perspective and paves the way for even more business in an important region such as the Middle East," says Tommy Eriksson, CEO of SDS Group.

The order received from such a significant operator, in the largest market in the Middle East, is an important step in a continuous long-term engagement and collaboration with the customer. It is expected to strengthen the involvement and contribution of SDS will have regarding digital transformation, enablement of multi engagement at the point of sales, and the contributions through SDS' technology and know-how to the customer's increased profitability and efficiency.

For more information contact:
Martin Schedin
Chief Financial Officer
+46 70 438 14 42
martin.schedin@seamless.se

About Seamless Distribution Systems AB (SDS)
SDS is a Swedish software company group that provides solutions and services for digital sales and distribution to private consumers through mobile operators in emerging countries. The company offers its corporate customers a comprehensive solution for digital distribution and electronic transactions processing. SDS acquired eServGlobal in July 2019. The SDS Group now has customers in all parts of the world, with a footprint in more than 50 countries, reaching over 500 million mobile users through more than 2,000,000 active point-of-sales. SDS has approximately 230 employees in Sweden, France, Romania, Belgium, Ghana, Nigeria, USA, Pakistan, India, Indonesia, South Africa, Ecuador and the United Arab Emirates. With over 20 years of experience, SDS focuses on high-level customer satisfaction and efficient operations. SDS manages over 10 billion transactions annually, worth more than 11 billion US Dollars and enables the growing population of emerging countries to become part of the mobile revolution.

SDS shares are listed on Nasdaq First North Premier.
The company's Certified Adviser is FNCA Sweden AB, phone number 08-528 00 399, email: info@fnca.se

SDS offentliggör uppdaterad strategi

Med anledning av förvärvet av eServGlobal har SDS styrelse beslutat att presentera en uppdaterad strategi för verksamheten. SDS är verksamt inom fintech-området och arbetar med digitalisering av logistiska och finansiella flöden i tillväxtländer. Till stor del innebär detta att utveckla och sälja systemlösningar för digital distribution av samtalstid, mobildata samt mobila finansiella tjänster till SDS kunder som är mobiloperatörer eller distributörer i tillväxtländer. Förvärvet av eServGlobal ökar SDS kundbas i Mellanöstern och ger SDS närvaro i Sydostasien. Den uppdaterade strategin har som syfte att konkretisera bolagets mål på både kort och lång sikt.


SDS announces updated strategy

Following the acquisition of eServGlobal, the SDS Board has decided to present an updated business strategy. SDS is active in the fintech area and is working on digitizing logistic and financial flows in emerging countries. This means developing and selling system solutions for digital distribution of airtime, mobile data and mobile financial services to SDS customers who are mobile operators or distributors in emerging markets. The acquisition of eServGlobal increases SDS' customer base in the Middle East and gives SDS a presence in Southeast Asia. The updated strategy explains the company's short- and long-term goals.




SDS AB säkrar miljonorder i Mellanöstern

SDS AB har säkrat en order på 6,3 miljoner kronor från en av regionens största mobiloperatörer, i den största marknaden i Mellanöstern.

Beställningen kommer från en av eServGlobals kunder. eServGlobal förvärvades av SDS i juli i år. Detta är ett konkret bevis på förtroendet för SDS förmåga att konsolidera sin nisch.


SDS AB has received a new order in the Middle East

SDS AB has received an order of 6,3 million SEK from one of the regions' most important mobile operators, in the largest market in the Middle East.

The order is received from a customer of eServGlobal, which was acquired by SDS in July this year. It is a tangible proof of trust in SDS ability to be a consolidator in its niche.


SDS fullbordar förvärv av eServGlobal Holding SAS

SDS AB fullbordar idag förvärvet om samtliga aktier och tillgångar i eServGlobal Holding SAS (eServGlobal). eServGlobal SAS är en global leverantör av system för förbetald laddning av kontantkort och mobila finansiella tjänster. Priset för aktierna är två (2) miljoner Euro (21,4 miljoner kronor). SDS får därmed tillgång till en kompletterande teknik och en fördubblad geografisk marknadstäckning.


SDS completes the acquisition of eServGlobal Holding SAS

SDS AB today completes the acquisition of all shares and assets in eServGlobal Holding SAS (eServGlobal) with a purchase price of two (2) million Euro (21.4 million SEK). eServGlobal SAS is a global supplier of systems for electronic recharge of prepaid mobile phones and mobile financial services. With this transaction SDS has doubled its geographical presence and gained access to significant complementary technologies.


Delårsrapport för perioden 1 januari - 30 juni 2019

april - juni

  • Nettoomsättningen uppgick till 54,6 (18,9) MSEK, en ökning med 188,7 % jämfört med samma period föregående år.
  • EBITDA-resultatet uppgick till 3,3 (2,4) MSEK.
  • EBITDA-marginalen uppgick till 6,1% (12,6%).
  • EBITDA-resultatet utan förvärvskostnader uppgick till 4,7 MSEK.
  • EBITDA-marginalen utan förvärvskostnader uppgick till 8,5%.
  • Resultat efter skatt uppgick till -1,0 (2,1) MSEK.
  • Resultat efter skatt uppgick utan förvärvskostnader till 0,3 MSEK.
  • Resultat per aktie uppgick till -0,13 (0,30) SEK.
  • Totalt kassaflöde uppgick till -2,8 (2,9) MSEK.

Interim report for the period January 1 - June 30, 2019

April - June

  • Net sales amounted to MSEK 54.6 (18.9), an increase of 188.7 % compared to the same period the previous year.
  • EBITDA result amounted to MSEK 3.3 (2.4).
  • EBITDA margin amounted to 6.1% (12.6%).
  • The EBITDA result without acquisition costs amounted to SEK 4.7 million
  • EBITDA margin excluding acquisition costs amounted to 8.5%.
  • Profit after tax amounted to MSEK -1.0 (2.1).
  • Profit after tax amounted to SEK 0.3 million without acquisition costs.
  • Earnings per share amounted to MSEK -0.13 (0.30).
  • Total cash flow amounted to MSEK -2.8 (2.9).

Försäljningsstart och förstärkt samarbete i Etiopien

SDS och Smart Digital Technology har idag i Addis Abeba, Etiopien, framgångsrikt genomfört den första digitala försäljningen och elektroniska laddningen av ett kontantkort. Parterna förstärker det strategiska partnerskapet med Ethio Telecom och påskyndar införandet av digitala tjänster i försäljnings- och distributionskanalen.


First Sales transactions and accelerated cooperation in Ethiopia

SDS and Smart Digital Technology have today in Addis Ababa successfully performed the first digital sales transaction and electronic recharge. The partners reinforce the commitment in the strategic partnership with Ethio Telecom and accelerate the digital services adoption in the sales and distribution channel


SDS förvärvar eServGlobal Holding SAS

SDS AB har idag tecknat avtal om att förvärva samtliga aktier och tillgångar i eServGlobal Holding SAS (eServGlobal). EservGlobal är en global leverantör av system för förbetald laddning av kontantkort och mobila finansiella tjänster. Priset för aktierna är två (2) miljoner Euro (21,4 miljoner kronor). SDS får därmed tillgång till en kompletterande teknik och en fördubblad geografisk marknadstäckning.


SDS acquires eServGlobal Holding SAS

SDS AB has today signed an agreement to acquire all shares and assets in eServGlobal Holding SAS (eServGlobal) with a purchase price of two (2) million Euro (21.4 million SEK). eServGlobal SAS is a global supplier of systems for electronic recharge of prepaid mobile phones and mobile financial services. With this transaction SDS has doubled its geographical presence and gained access to significant complementary technologies.


Seamless mottar en signifikant order från en ny kund i Södra Afrika, värd 7 miljoner kronor

Seamless Distribution Systems AB (SDS) har tagit emot en initial order från den ledande operatören i Eswatini (tidigare Swaziland) till ett värde av 7 miljoner kronor för leverans av sitt system som hanterar digital distribution. Genom denna order så fortsätter Seamless att förstärka sin närvaro i Södra Afrika.


Seamless has received a significant order from a new customer in Southern Africa, worth 7 million SEK

Seamless Distribution Systems AB (SDS) has received an initial order from the leading operator in Eswatini (former Swaziland) for a value of 7 million SEK for the delivery of its digital distribution system. Through this order, Seamless continues to strengthen its presence in Southern Africa.


KOMMUNIKÉ FRÅN ÅRSSTÄMMA I SEAMLESS DISTRIBUTION SYSTEMS AB (PUBL) DEN 25 APRIL 2019

Årsstämma i Seamless Distribution Systems AB har hållits torsdagen den 25 april 2019. Nedan följer en sammanfattning av de beslut som fattades.


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