In preparation for the listing on Nasdaq Stockholm in April 2015, Tobii's Board of Directors adopted the financial targets for each business unit as described below.
Tobii Dynavox's long term goal is to deliver revenue growth in excess of 10% per year, with an EBIT margin of 20%.
Tobii Pro's long term goal is to deliver revenue growth in excess of 15% per year, with an an EBIT margin in excess of 15%. In the mid-term (next 2-3 years), Tobii Pro's target is to deliver revenue growth of 10% with an EBIT margin of 10%.
Tobii Tech's goal is to become cash flow positive by 2018. Until then, the business unit plans for a SEK 400 million negative cash flow due to significant investments in core technology.
The combined finacial targets for the three business units indicate positive earnings before tax for the Group as of 2017. The Board estimates that the Group is fully financed to carry out the proposed business plan which extends to the end of 2018, at which time the Group in its entirety is expected to be cash flow positive with support from the capital acquired from the listing of its shares on the stock exchange.
Financial targets represent forward-looking information. Forward-looking information means that no guarantee can be given regarding future earnings or development and the actual results may differ from those expressed in forward-looking information.
In April 2015, Tobii carried out a succesful stock exchange listing on Nasdaq Stockholm. In conjunction with the listing, a new share issue was carried out that was heavily oversubscribed and provided the company with the Company with SEK 438 million in proceeds, after deducting costs for the new share issue.