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Anoto publishes its annual report for 2024 and corrects for changes in the results as reported in the year-end report
Globenewswireยท 2025-04-30 21:30
Core Viewpoint - Anoto Group AB has published its annual report for 2024, correcting previously reported results and showing an improvement in total comprehensive income for the year [1][2]. Financial Results - The total comprehensive income for 2024 improved by 299 KSEK, changing from -49,206 KSEK to -48,907 KSEK, due to an increase in net sales from 29,770 KSEK to 30,069 KSEK [2]. - Changes in cost classifications include a one-time write-down of inventory components, reclassification of intercompany interest, and adjustments in the presentation of undeposited funds from a share issue [3][4]. Parent Company Adjustments - The parent company reported a write-down of 40.1 MSEK on its participation in Anoto AB and an additional 125.3 MSEK in receivables from subsidiaries, with no impact on the Group's consolidated results [5]. Board and Reporting - Adrian Weller was not a board member during the reporting period and cannot verify the financial statements from personal experience, relying instead on management representations and the auditor's report [6]. Company Overview - Anoto Group AB is a publicly held Swedish technology company known for its digital pen and dot pattern technology, focusing on intelligent pens, paper, and software to enhance productivity and data capture [7].