Pressmeddelanden, rapporter och bolagsmeddelande för Seamless Distribution Systems AB

Seamless Distribution Systems AB has secured a SEK 10 million loan from a European credit institute with a 12% annual interest rate, payable monthly. The loan, due by April 30, 2026, can be prepaid without penalty. It will support the company's efficiency initiatives aimed at improving profitability by early 2026. SDS is a Swedish software company specializing in mobile payment services and operates globally with about 200 employees. The company handles significant transaction volumes and its shares are listed on the Nordic Growth Market. For further details, contact CFO Jens Ålander.

Seamless Distribution Systems AB (SDS) has successfully completed an efficiency program, achieving annual savings of SEK 66 million, surpassing the initial estimate of SEK 35-40 million. Of these savings, SEK 44 million has been implemented, with an additional SEK 22 million to be executed in the third quarter of 2025, fully impacting financial results from January 1, 2026. This initiative aims to enhance profitability, cash flow, and long-term shareholder value. SDS is enhancing its operations with AI-driven tools to improve effectiveness and productivity. CEO Martin Schedin stated that these measures will cover all operating costs and position the company for sustainable profitability. SDS, a Swedish software company, specializes in mobile payment services and operates globally, handling significant transaction volumes. SDS's shares are listed on the Nordic Growth Market.

Seamless Distribution Systems (SDS) has secured a SEK 5.5 million order from a customer in the United Arab Emirates to upgrade their Interactive Voice Response (IVR) system. This system enhances communication between callers and businesses through automated menus, improving customer satisfaction and service efficiency. The decision to upgrade was influenced by SDS's innovative technology and successful track record. The CEO, Martin Schedin, highlighted this as a testament to SDS's leadership and its role in boosting client efficiency and revenue. Revenue from the project will be recognized as it progresses, contributing to SDS's goal of having recurring revenues cover operating costs by 2025. SDS is a Swedish software company specializing in mobile payment services and operates in multiple countries, handling significant transaction volumes. Its shares are listed on the Nordic Growth Market.

Seamless Distribution Systems AB (SDS) reported a breach of one of its financial covenants, which requires the company to maintain at least SEK 10 million in cash and cash equivalents by July 30, 2025. As of this date, SDS held SEK 6.9 million, thus violating the covenant. The company plans to engage with bondholders to seek a waiver for this requirement. SDS is a Swedish international software company focused on mobile payment services and has a significant presence in various countries, handling over 15 billion transactions annually. SDS's shares are listed on the Nordic SME segment of the Nordic Growth Market. For further details, contact Jens Ålander, the CFO.

Seamless Distribution Systems AB (SDS) reported a breach of a financial covenant, which requires the company to maintain at least SEK 10 million in cash and cash equivalents as of June 30, 2025. On that date, SDS had SEK 3.8 million, violating this requirement. Despite this, the company is in a strong liquidity position after opting for lower interest payments in August and conducting a direct share issue in July. SDS is a Swedish international software company focusing on mobile payment services and operates in several countries. It handles over 15 billion transactions annually, valued at over $14 billion, and is listed on the Nordic Growth Market. For further details, contact Jens Ålander, the Chief Financial Officer.

SDS has renegotiated its bond loan, allowing it to pay a reduced interest amount on four occasions during the bond's term. On August 5, 2025, SDS will pay 60% of the regular interest amount of SEK 5.2 million, resulting in a 5% interest payment instead of 9%. The remaining 6% interest will be capitalized and added to the bond, increasing its value from SEK 238.6 million to SEK 241.6 million. This adjustment aligns with the renegotiated bond terms dated October 17, 2024. SDS is a Swedish international software company specializing in mobile payment services, with operations in multiple countries and handling over 15 billion transactions annually. Its shares are listed on the Nordic SME at the Nordic Growth Market. For more information, contact Jens Ålander, Chief Financial Officer.

Seamless Distribution Systems AB (SDS) has signed an agreement with a major telecom operator in Senegal to deliver their Retail Value Management (RVM) product, valued at SEK 3.3 million, along with SEK 10.0 million in ongoing support over four years. This deal marks a significant achievement for SDS, enhancing its reputation in the African telecommunications market. The telecom operator will utilize SDS's RVM solution to digitize its sales and distribution process, increasing efficiency in a competitive environment. Revenue from this project will be reported progressively, with support revenues spread over four years, aligning with SDS's strategy to have recurring revenues cover operating costs. SDS, a Swedish software company, specializes in mobile payment services and operates globally, handling significant transaction volumes and serving a vast consumer base. SDS is listed on the Nordic Growth Market.

Seamless Distribution Systems AB (SDS) has decided to conduct a directed cash issue of SEK 11.8 million and a set-off issue of SEK 2.7 million, totaling SEK 14.5 million, aimed at the largest shareholders and a few creditors. The subscription price is SEK 5.95 per share, matching the share's average price over a 30-day period. This move is intended to strengthen the company's financial position and facilitate the implementation of a savings program to improve profitability. The share issue will result in a 12.77% dilution, increasing the total number of shares to 21,467,695. The capital raised will help reduce the company's operating costs significantly, with the goal of achieving profitability within 6-9 months. SDS, a Swedish software company, specializes in mobile payment services and handles a large volume of telecom transactions globally. The company is listed on the Nordic Growth Market.

Årsstämman för Seamless Distribution Systems AB hölls den 28 maj 2025 i Stockholm. Under mötet fastställdes resultat- och balansräkningar för 2024, och det beslutades att ingen utdelning skulle ges, utan resultatet balanseras i ny räkning. Styrelseledamöterna och verkställande direktören beviljades ansvarsfrihet. Styrelsearvoden fastställdes, där Martin Roos avstod från en höjning av sitt arvode på grund av ett besparingsprogram, men fick ett extra engångsarvode för arbete med obligationsinnehavare. Inga arvoden ges för utskottsarbete, och revisorn ersätts enligt godkänd räkning. Martin Roos och Tomas Klevbo omvaldes till styrelsen, Håkan Holm valdes som ny ledamot, och Martin Roos omvaldes som styrelseordförande. Öhrlings PricewaterhouseCoopers AB omvaldes som revisor med Henrietta Segenmark som huvudansvarig. Styrelsen bemyndigades att besluta om nyemission av aktier, teckningsoptioner och/eller konvertibler upp till 20 % av aktiekapitalet fram till nästa årsstämma. Protokoll från stämman kommer att publiceras på bolagets hemsida. För mer information kan Jens Ålander, Chief Financial Officer, kontaktas. SDS är ett svenskt mjukvaruföretag specialiserat på mobila betaltjänster och har verksamhet i flera länder. SDS hanterar årligen över 15 miljarder transaktioner och deras aktie är noterad på Nordic SME.

A company has decided to reduce its workforce by approximately thirty employees and consultants without impacting customer projects. This move is part of efforts to improve organization, processes, and tools, and is expected to reduce costs by SEK 35 million annually by the fourth quarter of 2025. The cost savings will be achieved by incorporating AI in work processes and utilizing a global workforce in countries like Algeria, India, and Pakistan. Additional savings of SEK 5 million annually are anticipated from ongoing improvements in sales methods, customer projects, and support. The company's long-term goal is to cover operating costs through recurring revenues from support and licenses, aiming to achieve this by 2026, enhancing profitability and cash flow. SDS is a Swedish international software company specializing in mobile payment services, with a global presence and handling significant transaction volumes. SDS is listed on the Nordic SME at the Nordic Growth Market.