SDS AB, a leading global provider of mobile solutions and services, announced today that the company has won a significant order in Djibouti worth 3 million SEK. This successful order will contribute to strengthening the customer's mobile money offering and market position in the region.
As part of this order, SDS AB will provide increased support and dedicated hours to the customer. This means that the customer will receive enhanced technical support and resources to develop and improve their existing mobile services. By investing in SDS AB's expertise and innovative solutions, the customer will be able to deliver a more comprehensive and reliable mobile payment platform to its users.
The mobile money market is growing rapidly and plays an increasingly important role in today's digital economy. SDS AB is proud to be a trusted partner in strengthening the customer's position and offering an outstanding mobile payment solution. With our extensive experience and proven technology, we are confident that this order will further strengthen our brand and presence in the global market.
Revenue from this order will be recognized gradually until June 2024, in line with the customer's utilization of the purchased capacity.
For more information contact:
Martin Schedin
Chief Financial Officer
+46 70 438 14 42
martin.schedin@seamless.se
ABOUT SDS
SDS is a Swedish international software company that that specializes in mobile payment services for mobile operators, distributors, retailers, and consumers. SDS ensures that Telecom operators can sell their telephone subscriptions, where SDS products and services handle up to 90% of the Telecom operator's sales. Today, SDS have also implemented solutions in advanced analytics and Retail Value Management and fintech, where these products have succeeded, they are transformed into so-called SaaS solutions.
SDS has approximately 288 employees in Sweden, France, Belgium, Romania, South Africa, Ghana, Nigeria, United Arab Emirates, Pakistan, India and Indonesia.
SDS systems handles more than 15 billion transactions worth over USD 14 billion annually. Via over 3 million monthly active resellers of digital products, more than 1100 million consumers are indirectly served globally.
SDS share is listed on Nasdaq First North Premier.
The company's Certified Adviser is FNCA Sweden AB. info@fnca.se
Jens Ålander
Chief Financial Officer
073-0958269
jens.alander@seamless.se
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