Strong Growth in Key Direct Markets: United States, China, France; Strategy: Emphasis on Liver and Breast Markets; Double Digit
Growth in Services Sales: +23%
AIX-EN-PROVENCE, FRANCE--(Marketwired - Jul 19, 2016) - SuperSonic Imagine (EURONEXT PARIS: SSI) (FR0010526814, PEA-PME
eligible), the highly-innovative ultrasound company, today announces its revenue for the 1st half of 2016.
|
|
|
|
|
|
In thousands of euros |
2016 |
2015 |
|
Change (%) |
|
Products |
3,429 |
2,861 |
|
+20 |
% |
Services |
474 |
371 |
|
+28 |
% |
Q1 sales |
3,903 |
3,232 |
|
+21 |
% |
Products |
4,434 |
4,579 |
|
-3 |
% |
Services |
522 |
440 |
|
+18 |
% |
Q2 sales |
4,956 |
5,019 |
|
-1 |
% |
Products |
7,863 |
7,440 |
|
+6 |
% |
Services |
996 |
811 |
|
+23 |
% |
H1 sales |
8,859 |
8,251 |
|
+7 |
% |
Other revenue* |
561 |
491 |
|
+14 |
% |
Total H1 revenue |
9,420 |
8,742 |
|
+8 |
% |
|
|
|
|
|
|
Unaudited data |
|
|
|
|
|
Note (*): this revenue is non-recurrent by nature and is not part of the Group's core
business. |
|
Supersonic Imagine's sales for the 1st half of 2016 was EUR 8.9m, a growth of +7% compared with H1 2015 (EUR 8.3m).
At constant currency, growth was +7% between these two periods.
Over the first half of the year, SuperSonic Imagine confirmed the upturn in its priority markets, the United States, France
and China, with growth rates of +50% (direct sales), +47% and +12% respectively. These three markets accounted for 67% of total
sales over the first six months of 2016 (vs. 62% in H1 2015). Service sales increased by +23% and now accounts for 11% of total
sales compared to 10% the same period last year.
Q2 2016 saw a slight decline in sales of -1% to EUR 5.0m (0% at constant currency), following a 1st quarter of 2016
that saw sales grow by +21% to EUR 3.9m (vs. EUR 3.2m, +19% at constant currency). This Q2 decline vs. Q2 2015 was primarily due
to a decrease in Asia (excluding China) and in Europe (excluding France). Over the same period, China recorded a +19% increase in
sales and accounted for 29% of total sales versus 24% a year earlier. In the United States, the growth was due to the Company's
direct sales team primarily in the Breast and Liver space. In Europe, France also recorded a good first half thanks to the
performance of its direct sales network.
Elisabeth Winter, SuperSonic Imagine's Finance Director, says: "We are pursuing our focus on the main growth areas in
terms of regions and applications, following a strong first quarter. At the same time, we are continuing to implement tighter
cost controls in response to the mixed growth rates recorded over the first half of the year."
Other revenue essentially comes from access to the Group's technology. This non-recurrent revenue is not written down as
sales, insofar as it is not part of its core activity.
Next press financial release: H1 2016 results will be published on September 12, 2016
About SuperSonic Imagine
Founded in 2005 and based in Aix-en-Provence (France), SuperSonic Imagine is a company specializing in medical imaging. The
company designs, develops and markets a revolutionary ultrasound system, Aixplorer®, with an UltraFast™ platform that
can acquire images 200 times faster than conventional ultrasound systems. In addition to providing exceptional image quality,
this unique technology is the foundation of several innovations which have changed the paradigm of ultrasound imaging: ShearWave™
Elastography (SWE™), UltraFast™ Doppler and more recently Angio PL.U.S - Planewave UltraSensitive™ Imaging.
ShearWave Elastography allows physicians to visualize and analyze the stiffness of tissue in a real-time, reliable,
reproducible and non-invasive manner. This criteria has become an important parameter in diagnosing potentially malignant tissue
or other diseased tissue. As of today, over 300 peer-reviewed publications have demonstrated the value of SWE for the clinical
management of patients with a wide range of diseases. UltraFast Doppler combines Color Flow Imaging and Pulsed Wave Doppler into
one simple exam, providing physicians with exam results simultaneously and helping to increase patient throughput. The latest
innovation, Angio PL.U.S, provides a new level of microvascular imaging through significantly improved color sensitivity and
spatial resolution while maintaining exceptional 2D imaging.
SuperSonic Imagine has been granted regulatory clearances for the commercialization of Aixplorer in key global markets. Over
the past years, SuperSonic Imagine enjoyed the backing of several prestigious investors, among which Auriga Partners, Edmond de
Rothschild Investment Partners, Bpifrance, Omnes Capital and NBGI. SuperSonic Imagine is a listed company since April 2014 on the
Euronext, symbol SSI.
For more information about SuperSonic Imagine, please go to www.supersonicimagine.com.