Tobii is the world leader in eye tracking and pioneer of attention computing. In April 2021, Tobii announced a review of its structure to accelerate the long-term growth and success of the company. The proposal aims to create shareholder value by splitting the company into two parts — merging the current Tobii Pro and Tobii Tech divisions and spinning off Tobii Dynavox.
Preparations for the distribution of Tobii Dynavox shares to the ordinary shareholders of Tobii, with the subsequent initial public listing of Tobii Dynavox on Nasdaq Stockholm, are ongoing in accordance with the rules of Lex Asea.
Tobii expects to release forward-looking financial targets in connection with the capital markets day that Tobii intends to host ahead of the spin-off.
On October 4, 2021, Tobii Dynavox introduced new financial targets: to increase revenue by more than 10% (currency-adjusted) on average annually, to achieve and maintain an EBIT margin of more than 15%, and to maintain a net debt of 2.5x (± 0.5x) last 12 months EBITDA.
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.