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Acconeer develops new smaller Entry Module targeting presence use case

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After the success with XM132 Entry Module released last year, Acconeer now extends the Entry Module family with a smaller, lower priced version targeting the presence use case. The new module will be called Entry Module XM131 Presence and will be available on the market in Q1 2022.

Optimized for the presence use case, the Entry Module XM131 Presence will have a solderable design featuring the A111 radar sensor along with an ARM Cortex M0 microcontroller unit (MCU), working with 1.8V power supply. By only allowing 1.8V power supply the number of components is kept to a minimum, which enables a smaller form factor as well as a price set out to compete in a market segment traditionally dominated by technologies such as ultrasound or infrared sensors. In addition to lowering the price, reducing the number of components related to power regulation also minimizes environmental impact for customer products where 1.8V is already available in the system.

XM131 will come with a software specifically developed for the presence use case, which means that it will run a unique module server and have its own SDK. With a module and software specifically designed for presence applications a range of innovative use cases are enabled at a competitive price point. For example, XM131 can be used to detect people in a room or to trigger wake-up and lock functionality of devices. For customers who are interested in using the XM131, it is possible to already now start the evaluation based on XM132 in order to be ready for production soon after the launch of XM131 early next year. The new module will be available in tape-and-reel format, making it easy for customers to put it into mass produced products.

"Using Acconeer's new entry module XM131 opens up for a cost-efficient presence detection application, easy integration with optimized form factor. XM132 has been a great success and it will be exciting to see how the market receives the new entry module XM131" says Mikael Rosenhed, Head of Product Management.

The ARM Cortex M7-based XM112 High-Performance Module was released in December 2018, to let customers evaluate their use cases on an embedded system with high performance. In October 2019, the XM122 IoT Module was launched targeting connected battery-powered use cases, combining the A111 radar sensor with an ARM Cortex M4 MCU and integrated connectivity such as Bluetooth. The first module in the Entry family, XM132 was launched in September 2020 and has been very popular thanks to its integration-ready, solderable design.

For additional information, please contact:
Mikael Rosenhed, Head of Product Management, Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on September 30, 2021, 14.00.

The following documents can be retrieved from beQuoted
Acconeer-develops-new-smaller-Entry-Module-targeting-presenc.pdf

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redey.se.

Acconeer receives orders from Asteelflash with a total value of USD 161 000

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The orders relate to Acconeer's XM132 Entry Module for European customer mass production. Asteelflash is a European specialist EMS company.

Lars Lindell, CEO Acconeer, comments: "We are happy to receive additional high-volume orders of our popular XM132 Entry Module, which thanks to its solderable design is ready for direct integration in customer products."

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on September 08, 2021, 16.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-orders-from-Asteelflash.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redey.se.

Interim report Q2 2021

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In Q2 2021, Acconeer's net sales amounted to 7 643 kSEK, the gross margin was 72% and eight new customer products were launched. In Q2 for the first time more than 100 000 sensors were sold during one quarter when 112 256 sensors were sold, and since launch Acconeer has sold in total 436 468 radar sensors. In Q2 461 evaluation kits were sold, and an accumulated 3 977 EVK has been sold since launch. The company sold 2 226 modules in Q2, and since launch a total of 11 927 modules have been sold.

CEO Lars Lindell comments: "We are happy to see a new record in the number of radar sensors sold and also in the number of launched customer products during one quarter. Just like in Q1 we see a strong result in Q2, despite that our module sale has been affected by component shortage, where we haven't been able to deliver on all orders."

SECOND QUARTER

  • Net sales for the second quarter amounted to kSEK 7,643 (1,619).
  • The Gross margin on sales of goods was 72 (59) %.
  • Result after taxes amounted to kSEK -11,695 (-16,836).
  • Earnings per share before and after dilution was SEK -0,50 (-0,79).
  • The cash flow from operating activities was kSEK -9,402 (-13,920).

SIX MONTHS PERIOD

  • Net sales for the six months period amounted to kSEK 15,188 (3,769).
  • The Gross margin on sales of goods was 73 (59) %.
  • Result after taxes amounted to kSEK -23,571 (-34,536).
  • Earnings per share before and after dilution was SEK -1.01 (-1.70).
  • The cash flow from operating activities was kSEK -18,300 (-28,729).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 57,613 (109,172).

SIGNIFICANT EVENTS DURING THE SECOND QUARTER

  • Acconeer announced A121 pulsed coherent radar sensor, new high-performance product in A1 family.
  • A distribution agreement focusing on the automotive industry was signed with Japanese NEXTY Electronics.
  • Acconeer receives order from CODICO worth USD 125,000.
  • The annual general meeting was held on 27 April 2021, for the 2020 fiscal year.
  • It is the company's assessment that the effects of Covid-19 will have a limited impact on operations in 2021. We expect no impact on either the development side or the manufacture of sensors, while the manufacture of modules will be affected by a global shortage on processors that have arisen in connection with Covid-19. Regarding demand for the company's products we expect further delays in customer projects, fewer start-up projects and that our customers' production rate will be affected by the lack of processors.

The interim report is attached to this press release and available through Acconeer's website: https://investor.acconeer.com/en/financial-reports/.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on July 23, 2021 07.30.

The following documents can be retrieved from beQuoted
Acconeer-Q2-result-2021 210723.pdf
Acconeer-Q2-2021 eng.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redey.se.

Acconeer receives order from CODICO worth USD 125 000

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The order relates to Acconeer's A111 radar sensor for European customers' mass production. CODICO GmbH is a leading European distributor, headquartered in Vienna, Austria.

Lars Lindell, CEO Acconeer, comments: "This is our largest order so far from CODICO, and it comes only two years after signing a distribution agreement with them which is a great progress. It also shows that European customers are now moving into mass production at a higher pace after a slow period during the first year of the Covid-19 pandemic."

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on June 09, 2021 14.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-CODICO 210609.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redey.se.

Acconeer signs a distribution agreement with Japanese NEXTY focusing on the automotive industry

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The radar technology company Acconeer AB has signed a distribution agreement with Japanese NEXTY Electronics. NEXTY, a core company of the Toyota Tsusho Group's electronics business, is a leading Japanese distributor with especially strong coverage of companies in the automotive sector.

Lars Lindell, CEO of Acconeer, comments: "We have stated for some time that our unique radar sensor will be perfect for several use cases in the automotive industry. With this agreement with NEXTY Electronics, that we are very pleased to announce, we now have the perfect partner for reaching the most important players in the Japanese auto industry".

Atsushi Aoki, President of NEXTY Electronics, comments: "We are very excited about signing this collaboration with Acconeer and we expect to see a lot of interest in their potentially disruptive sensor from our clients going forward. It is with great anticipation we look forward to seeing what this cooperation will lead to."

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone +46 10 218 92 00, Mail: ir@acconeer.com
Atsushi Aoki, President of NEXTY Electronics, Phone +81 3 5462 9666 Mail: nexty_contact@nexty-ele.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on 11 May 2021 at 07.30.

The following documents can be retrieved from beQuoted
Acconeer-signs-distribution-agreement-with-Nexty-Electronics.pdf

About NEXTY Electronics Corporation
NEXTY Electronics is a core company of the Toyota Tsusho Group's electronics business and is top in class within the automotive industry, offering autonomous driving technology cultivated in the field. The company also provides innovative, connected technology solutions for application to industry peripherals, such as agricultural machinery to address technology challenges. For more information: https://www.nexty-ele.com/english/

About Acconeer AB
Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

Acconeer signerar distributionsavtal med japanska NEXTY med fokus på bilindustrin

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Radarteknikbolaget Acconeer AB har signerat ett distributionsavtal med japanska NEXTY Electronics. NEXTY är ett centralt bolag i Toyota Tsusho-gruppens affärsområde elektronik och en ledande japansk distributör med en särskilt stark position i bilbranschen.

– Vi har länge sagt att vår unika radar kommer att vara perfekt för flera användningsfall i bilbranschen. Med detta avtal med NEXTY Electronics, som vi är glada att annonsera, har vi nu en perfekt partner för att nå de viktigaste spelarna i den japanska bilindustrin, säger Lars Lindell, vd, Acconeer.

– Vi är väldigt glada över samarbetet med Acconeer och vi förväntar oss stort intresse för deras potentiellt banbrytande sensor från våra kunder framöver. Det är med stora förhoppningar vi ser fram emot att se vad detta samarbete kommer att leda till, säger Atsushi Aoki, vd, NEXTY Electronics.

För ytterligare information kontakta:
Lars Lindell, vd Acconeer, Telefon +46 10 218 92 00, Mail: ir@acconeer.com

Atsushi Aoki, President of NEXTY Electronics, Phone +81 3 5462 9666 Mail: nexty_contact@nexty-ele.com

Denna information är sådan information som Acconeer AB är skyldig att offentliggöra enligt EU:s marknadsmissbruksförordning. Informationen lämnades genom ovanstående kontaktpersons försorg, för offentliggörande 11 maj 2021 07.30.

Följande dokument kan hämtas från beQuoted
Acconeer-signerar-distributionsavtal-med-Nexty-Electronics.pdf

Om NEXTY Electronics Corporation
NEXTY Electronics är ett centralt bolag i Toyota Tsusho Groups affärsområde elektronik och är bäst i klassen inom bilbranschen, där man erbjuder teknik för självkörande fordon. Bolaget tillhandahåller också innovativ, uppkopplad tekniska lösningar för applikationer till kringutrustning inom industrin, så som jordbruksmaskiner för att lösa tekniska utmaningar. För ytterligare information: https://www.nexty-ele.com/english/

Om Acconeer AB
Med banbrytande teknologi har Acconeer utvecklat en radarsensor som öppnar en ny värld för interaktion. Acconeers mikroradarsensor, med låg strömförbrukning, hög precision, liten storlek och hög robusthet, är en 60 GHz robust och kostnadseffektiv sensor för detektion, avståndsmätning, rörelsedetektering och kamerastödda applikationer med behov av låg strömförbrukning. Acconeer kombinerar fördelen med låg strömförbrukning hos pulsade radarsystem med hög noggrannhet hos koherent radar, allt integrerat i en komponent med en yta på endast 28 mm2. radarsensorn kan ingå i en rad mobila konsumentprodukter, från smartphones till wearables, men även inom områden såsom robotar, drönare, Internet of Things, sjukvård, fordonsindustri, industrirobotar samt säkerhets- och övervakningssystem. Acconeer är ett halvledarbolag och har som affärsmodell att sälja hårdvara till tillverkare av konsumentelektronikprodukter. Acconeer är listat på Nasdaq First North Growth Market med tickerkoden ACCON, Redeye är bolagets Certified Advisor (CA) och kan kontaktas via telefon +46 (0)8 121 576 90 eller via mail certifiedadviser@redeye.se För mer information: www.acconeer.com

Correction of press release regarding interim report Q1 2021

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In the press released sent out on April 23, 2021, 07:30 the wrong year was stated in the headline. The correct year for the interim report for the first quarter is 2021. In addition, a link to the report on Acconeer's web site was missing. This has been added in the press release below, which in all other aspects is the same as the previously distributed press release.

In Q1 2021, Acconeers net sales amounted to 7 545 kSEK, the gross margin was 74% and five new customer products were launched. In Q1 399 evaluation kits were sold, and an accumulated 3 516 EVK has been sold since launch. The company sold 4 024 modules in Q1, and since launch a total of 9 701 modules have been sold. In total Acconeer has sold 324 212 sensors, out of which 74 881 were sold in Q1 2021.

CEO Lars Lindell comments: "The substantial revenue increase in the quarter is to a large extent thanks to the development agreement made with Alps Alpine, but we are happy to see that increased product sales are also contributing to the growth."

FIRST QUARTER

  • Net sales for the first quarter amounted to kSEK 7,545 (2,150).
  • The Gross margin on sales of goods was 74 (59) %.
  • Result after taxes amounted to kSEK -11 876 (-17 701).
  • Earnings per share before and after dilution was SEK -0.51 (-0.92).
  • The cash flow from operating activities was kSEK -8 898 (-14,810).

SIGNIFICANT EVENTS DURING THE FIRST QUARTER

  • Sweden's Innovation Agency granted Acconeer 4 million SEK for a research project on sleep monitoring with Sleepiz and the University of Gothenburg.
  • Acconeer received order from Digi-Key worth USD 47,000.
  • Acconeer received order from Glyn Limited worth USD 156,000.
  • Acconeer received order from CODICO worth USD 96,000.
  • Acconeer and Alps Alpine signed a joint development agreement of Next-Generation Sensing Technology.
  • A distribution agreement was signed with Mouser Electronics and the first order received.
  • It is the company's assessment that the effects of Covid-19 will have a limited impact of operations in 2021. We expect no impact on either the development side or the manufacture of sensors, while the manufacture of modules will be affected by a global shortage on processors that have arisen in connection with Covid-19. Regarding demand for the company's products we expect further delays in customer projects, fewer start-up projects and that our customers' production rate will be affected by the lack of processors.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer announced A121 pulsed coherent radar sensor, new high-performance product in A1 family.

The interim report is attached to this press release and available through Acconeer's website: https://investor.acconeer.com/en/financial-reports/.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on April 23, 2021, 15:30.

The following documents can be retrieved from beQuoted
Acconeer-Q1-2021-correction.pdf
Acconeer-Q1-2021 eng.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

Rättelse av pressmeddelande avseende delårsrapport Q1 2021

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I det pressmeddelande som skickades ut 23 april 2021, 07:30 angavs felaktigt år i rubriken. Korrekt år avseende delårsrapporten för första kvartalet är 2021. Därutöver saknades länk till rapporten på Acconeers hemsida. Detta är tillagt i pressmeddelandet nedan, som i övrigt stämmer överens med det tidigare utskickade pressmeddelandet.

I första kvartalet 2021 uppgick Acconeers nettoomsättning till 7 545 TSEK, bruttomarginalen var 74% och fem nya kundprodukter lanserades. I Q1 såldes 399 utvärderingskit, EVK, och den ackumulerade EVK-försäljningen sedan lansering uppgår vid kvartalets slut till 3 516. Bolaget sålde 4024 moduler i Q1, och sedan lansering har totalt 9 701 moduler sålts. Totalt har Acconeer sålt 324 212 sensorer, av vilka 74 881 såldes i Q1 2021.

– Den substantiella ökningen av intäkter i kvartalet beror till stor del på utvecklingsavtalet med Alps Alpine, men vi är glada att även se att ökad försäljning av våra produkter bidrar till tillväxten, säger Lars Lindell, vd, Acconeer.

FÖRSTA KVARTALET

  • Nettoomsättningen för första kvartalet uppgick till 7 545 (2 150) TSEK.
  • Bruttomarginalen avseende försäljning av varor uppgick till 74 (59) %.
  • Resultat efter skatt uppgick till -11 876 (-17 701)TSEK.
  • Resultat per aktie, före och efter utspädning var -0,51 (-0,92) SEK.
  • Kassaflödet från den löpande verksamheten var -8 898 (-14 810) TSEK.

 

 

VÄSENTLIGA HÄNDELSER UNDER FÖRSTA KVARTALET

  • Vinnova beslutade att ge Acconeer bidrag om 4 miljoner SEK för projekt inom sömnövervakning med Sleepiz och Göteborgs Universitet.
  • En order om 390 TSEK erhölls från DigiKey.
  • En order värd 1,3 MSEK erhölls från Glyn Limited.
  • En order värd 810 TSEK erhölls från CODICO.
  • Acconeer och Alps Alpine signerade ett gemensamt utvecklingsavtal avseende nästa generations sensorteknik.
  • Distributionsavtal signerades med Mouser Electronics och Acconeer fick en första order.
  • Det är bolagets bedömning att effekterna av Covid-19 kommer ha en begränsad påverkan på verksamheten under 2021. Vi förväntar oss ingen påverkan på vare sig utvecklingssidan eller tillverkningen av sensorer, medan tillverkningen av moduler kommer påverkas av en global brist på processorer som uppstått i samband med Covid-19. Gällande efterfrågan på bolagets produkter förväntar vi oss ytterligare förseningar av kundprojekt, färre nystartade projekt samt att våra kunders produktionstakt kommer att påverkas av bristen på processorer.

 

 

VÄSENTLIGA HÄNDELSER EFTER PERIODENS UTGÅNG

  • Acconeer annonserar A121 pulsad koherent radarsensor, ny högprestandaprodukt i A1-familjen.

 

Delårsrapporten finns bifogad till detta pressmeddelande och tillgänglig via Acconeers hemsida: https://investor.acconeer.com/se/finansiella-rapporter/

För ytterligare information kontakta:
Lars Lindell, vd Acconeer, Telefon +46 10 218 92 00, Mail: ir@acconeer.com 

Denna information är sådan information som Acconeer AB är skyldig att offentliggöra enligt EU:s marknadsmissbruksförordning. Informationen lämnades genom ovanstående kontaktpersons försorg, för offentliggörande 23 april 2021 15:30.

Följande dokument kan hämtas från beQuoted
Acconeer-Q1-2021 rattelse.pdf
Acconeer-Q1-2021 sv.pdf

Om Acconeer AB

Med banbrytande teknologi har Acconeer utvecklat en radarsensor som öppnar en ny värld för interaktion. Acconeers mikroradarsensor, med låg strömförbrukning, hög precision, liten storlek och hög robusthet, är en 60 GHz robust och kostnadseffektiv sensor för detektion, avståndsmätning, rörelsedetektering och kamerastödda applikationer med behov av låg strömförbrukning. Acconeer kombinerar fördelen med låg strömförbrukning hos pulsade radarsystem med hög noggrannhet hos koherent radar, allt integrerat i en komponent med en yta på endast 28 mm2. radarsensorn kan ingå i en rad mobila konsumentprodukter, från smartphones till wearables, men även inom områden såsom robotar, drönare, Internet of Things, sjukvård, fordonsindustri, industrirobotar samt säkerhets- och övervakningssystem. Acconeer är ett halvledarbolag och har som affärsmodell att sälja hårdvara till tillverkare av konsumentelektronikprodukter. Acconeer är listat på Nasdaq First North Growth Market med tickerkoden ACCON, Redeye är bolagets Certified Advisor (CA) och kan kontaktas via telefon +46 (0)8 121 576 90 eller via mail certifiedadviser@redeye.se För mer information: www.acconeer.com

DELÅRSRAPPORT Q1 2020

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I första kvartalet 2021 uppgick Acconeers nettoomsättning till 7 545 TSEK, bruttomarginalen var 74% och fem nya kundprodukter lanserades. I Q1 såldes 399 utvärderingskit, EVK, och den ackumulerade EVK-försäljningen sedan lansering uppgår vid kvartalets slut till 3 516. Bolaget sålde 4024 moduler i Q1, och sedan lansering har totalt 9 701 moduler sålts. Totalt har Acconeer sålt 324 212 sensorer, av vilka 74 881 såldes i Q1 2021.

– Den substantiella ökningen av intäkter i kvartalet beror till stor del på utvecklingsavtalet med Alps Alpine, men vi är glada att även se att ökad försäljning av våra produkter bidrar till tillväxten, säger Lars Lindell, vd, Acconeer.

FÖRSTA KVARTALET

  • Nettoomsättningen för första kvartalet uppgick till 7 545 (2 150) TSEK.
  • Bruttomarginalen avseende försäljning av varor uppgick till 74 (59) %.
  • Resultat efter skatt uppgick till -11 876 (-17 701)TSEK.
  • Resultat per aktie, före och efter utspädning var -0,51 (-0,92) SEK.
  • Kassaflödet från den löpande verksamheten var -8 898 (-14 810) TSEK.

VÄSENTLIGA HÄNDELSER UNDER FÖRSTA KVARTALET

  • Vinnova beslutade att ge Acconeer bidrag om 4 miljoner SEK för projekt inom sömnövervakning med Sleepiz och Göteborgs Universitet.
  • En order om 390 TSEK erhölls från DigiKey.
  • En order värd 1,3 MSEK erhölls från Glyn Limited.
  • En order värd 810 TSEK erhölls från CODICO.
  • Acconeer och Alps Alpine signerade ett gemensamt utvecklingsavtal avseende nästa generations sensorteknik.
  • Distributionsavtal signerades med Mouser Electronics och Acconeer fick en första order.
  • Det är bolagets bedömning att effekterna av Covid-19 kommer ha en begränsad påverkan på verksamheten under 2021. Vi förväntar oss ingen påverkan på vare sig utvecklingssidan eller tillverkningen av sensorer, medan tillverkningen av moduler kommer påverkas av en global brist på processorer som uppstått i samband med Covid-19. Gällande efterfrågan på bolagets produkter förväntar vi oss ytterligare förseningar av kundprojekt, färre nystartade projekt samt att våra kunders produktionstakt kommer att påverkas av bristen på processorer.

VÄSENTLIGA HÄNDELSER EFTER PERIODENS UTGÅNG

  • Acconeer annonserar A121 pulsad koherent radarsensor, ny högprestandaprodukt i A1-familjen.

För ytterligare information kontakta:
Lars Lindell, vd Acconeer, Telefon +46 10 218 92 00, Mail: ir@acconeer.com

Denna information är sådan information som Acconeer AB är skyldig att offentliggöra enligt EU:s marknadsmissbruksförordning. Informationen lämnades genom ovanstående kontaktpersons försorg, för offentliggörande 23 april 2021 07:30.

Följande dokument kan hämtas från beQuoted
Acconeer-Q1-2021 210423.pdf
Acconeer-Q1-2021 sv.pdf

Om Acconeer AB

Med banbrytande teknologi har Acconeer utvecklat en radarsensor som öppnar en ny värld för interaktion. Acconeers mikroradarsensor, med låg strömförbrukning, hög precision, liten storlek och hög robusthet, är en 60 GHz robust och kostnadseffektiv sensor för detektion, avståndsmätning, rörelsedetektering och kamerastödda applikationer med behov av låg strömförbrukning. Acconeer kombinerar fördelen med låg strömförbrukning hos pulsade radarsystem med hög noggrannhet hos koherent radar, allt integrerat i en komponent med en yta på endast 28 mm2. radarsensorn kan ingå i en rad mobila konsumentprodukter, från smartphones till wearables, men även inom områden såsom robotar, drönare, Internet of Things, sjukvård, fordonsindustri, industrirobotar samt säkerhets- och övervakningssystem. Acconeer är ett halvledarbolag och har som affärsmodell att sälja hårdvara till tillverkare av konsumentelektronikprodukter. Acconeer är listat på Nasdaq First North Growth Market med tickerkoden ACCON, Redeye är bolagets Certified Advisor (CA) och kan kontaktas via telefon +46 (0)8 121 576 90 eller via mail certifiedadviser@redeye.se För mer information: www.acconeer.com

INTERIM REPORT Q1 2020

By

In Q1 2021, Acconeers net sales amounted to 7 545 kSEK, the gross margin was 74% and five new customer products were launched. In Q1 399 evaluation kits were sold, and an accumulated 3 516 EVK has been sold since launch. The company sold 4 024 modules in Q1, and since launch a total of 9 701 modules have been sold. In total Acconeer has sold 324 212 sensors, out of which 74 881 were sold in Q1 2021.

CEO Lars Lindell comments: "The substantial revenue increase in the quarter is to a large extent thanks to the development agreement made with Alps Alpine, but we are happy to see that increased product sales are also contributing to the growth."

FIRST QUARTER

  • Net sales for the first quarter amounted to kSEK 7,545 (2,150).
  • The Gross margin on sales of goods was 74 (59) %.
  • Result after taxes amounted to kSEK -11 876 (-17 701).
  • Earnings per share before and after dilution was SEK -0.51 (-0.92).
  • The cash flow from operating activities was kSEK -8 898 (-14,810).

SIGNIFICANT EVENTS DURING THE FIRST QUARTER

  • Sweden's Innovation Agency granted Acconeer 4 million SEK for a research project on sleep monitoring with Sleepiz and the University of Gothenburg.
  • Acconeer received order from Digi-Key worth USD 47,000.
  • Acconeer received order from Glyn Limited worth USD 156,000.
  • Acconeer received order from CODICO worth USD 96,000.
  • Acconeer and Alps Alpine signed a joint development agreement of Next-Generation Sensing Technology.
  • A distribution agreement was signed with Mouser Electronics and the first order received.
  • It is the company's assessment that the effects of Covid-19 will have a limited impact of operations in 2021. We expect no impact on either the development side or the manufacture of sensors, while the manufacture of modules will be affected by a global shortage on processors that have arisen in connection with Covid-19. Regarding demand for the company's products we expect further delays in customer projects, fewer start-up projects and that our customers' production rate will be affected by the lack of processors.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer announced A121 pulsed coherent radar sensor, new high-performance product in A1 family.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on April 23, 2021, 07:30.

The following documents can be retrieved from beQuoted
Acconeer-Q1-result-2021 210423.pdf
Acconeer-Q1-2021 eng.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com