Verimatrix: Filing of First Half 2019 Financial Report

AIX-EN-PROVENCE, France & SAN DIEGO--(BUSINESS WIRE)--Regulatory News:

Verimatrix (Euronext Paris: VMX), formerly known as Inside Secure, a global provider of security and analytics solutions that protect devices, services and applications, today announced that it has made available to the public and filed with the French financial market authority (the Autorité des marchés financiers – the “AMF”) its interim financial report as of June 30, 2019 ("rapport financier semestriel"). The report is available on the Company's website: http://www.verimatrix-finance.com/en.

In its interim financial report for the first half of 2019 and after completion of the first consolidation of Verimatrix, Inc. and of the limited review of the financial statements by the statutory auditors, the Company reports IFRS operating and net incomes better than those reported on July 29, 2019, while pro forma results reported on July 29, 2019 remain unchanged overall.

(in $'000)

Operating

Income

(IFRS)

Net Income

(IFRS)

Pro forma

EBITDA

As reported on July 29, 2019

(6,037)

(6,460)

10,015

Finalization of the computation of the provision for restructuring of Verimatrix, Inc.

608

608

 
Finalization of the computation of Verimatrix, Inc. deferred tax as of June 30, 2019  

141

 
Reclassification from operating to financial result of certain foreign exchange income/loss items

(201)

 

(201)

Accrual for insurance claim receivable

150

150

150

Final figures

(5,480)

(5,561)

9,964

Financial calendar

  • Third-quarter 2019 revenue: October 15, 2019 (after market close)

About Verimatrix

Verimatrix (Euronext Paris - VMX) is a global provider of security and analytics solutions that protect devices, services and applications across multiple markets. Many of the world’s largest service providers and leading innovators trust Verimatrix to protect systems that people depend on every day for mobile apps, entertainment, banking, healthcare, communications and transportation. Verimatrix offers easy-to-use software solutions, cloud services and silicon IP that provide unparalleled security and business intelligence. Proud to empower and protect its customers for more than two decades, Verimatrix serves IoT software developers, device makers, semiconductor manufacturers, service providers and content distributors. For more information, visit www.verimatrix.com.


Contacts

Investor and media contacts

Investor Relations
Richard Vacher Detournière
General Manager & CFO
+33 (0)4 42 905 905
finance@verimatrix.com

Contact Media
Kelly Foster
+1 619 224 1261
kfoster@verimatrix.com