Annual Report 19/20

23.09.2020

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Seluxit presents an annual report, demonstrating the ability to deliver on revenue and result - while creating an interesting pipeline of products for future growth.

CEO Daniel Lux:

“Some of the results which our dedicated staff and great partners have created and which I would like to highlight are:

  • 175.000 delivered radio modules for Smart Meters to the German market
  • SLX Heartbeat, a new product to monitor heart starters was developed and first installations were made in collaboration with our partners
  • Rapid Prototyping Kit - launch of our standard development tools and a webshop where these can be bought directly
  • A growth in revenue by 17% despite a challenging second half of the fiscal year

The goal for 2019/20 was to create business visibility in the market, grow our business and develop new valuable IoT solutions to the market. We have achieved these goals.”

Read the press release here.