Elliptic Laboratories ASA 2022 AR2
The report highlights Elliptic Labs' commercial expansion into the laptop vertical in 2022, notably launching its AI Virtual Human Presence Sensor on Lenovo's ThinkPad T14 and securing agreements with three of the top-five global OEMs. The company also launched its AI Virtual Proximity Sensor on 33 smartphone models, bringing its total to 75 models deployed on over 500 million devices. Financially, total revenue and other operating income decreased to NOK 52.1 million due to weak smartphone end-market demand, resulting in an EBITDA loss of NOK 30.8 million. On sustainability, the company emphasizes its software-only sensor platform that reduces environmental footprints by replacing physical hardware, and highlights its upcoming move to a BREEAM-certified green office in Oslo.
Company: Elliptic Laboratories ASA
Sector: Professional & technical services
Country: Norway
Year: 2022
Type: AR2
Pages: 65
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Elliptic Laboratories ASA
Annual Report
The report highlights Elliptic Labs' commercial expansion into the laptop vertical in 2022, notably launching its AI Virtual Human Presence Sensor on Lenovo's ThinkPad T14 and securing agreements with three of the top-five global OEMs. The company also launched its AI Virtual Proximity Sensor on 33 smartphone models, bringing its total to 75 models deployed on over 500 million devices. Financially, total revenue and other operating income decreased to NOK 52.1 million due to weak smartphone end-market demand, resulting in an EBITDA loss of NOK 30.8 million. On sustainability, the company emphasizes its software-only sensor platform that reduces environmental footprints by replacing physical hardware, and highlights its upcoming move to a BREEAM-certified green office in Oslo.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees