2007-08-14 08:00:00 CEST

2007-08-14 08:00:00 CEST


REGULATED INFORMATION

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Done Solutions Oyj - Quarterly report

DONE SOLUTIONS CORPORATION'S GROWTH CONTINUED IN SECOND QUARTER


Done Solutions Corporation		                                                    
Stock Exchange Release             August 14, 2007, at 9:00 a.m.                

DONE SOLUTIONS CORPORATION'S GROWTH CONTINUED IN SECOND QUARTER                 
Done Solutions Corporation's Interim Report Q1-Q2/2007 (IFRS)                   

Q2/2007:                                                                        
- Consolidated net sales: EUR 4.8 million (EUR 3.6 million in Q2/2006), up by   
34.2 percent.                                                                   
- Consolidated operating profit: EUR 0.53 million (EUR 0.31 million), or 11.1   
percent of net sales (8.6 percent), up by 73.2 percent.                         

Q1-Q2/2007:                                                                     
- Consolidated net sales: EUR 10.0 million (EUR 7.3 million in Q1-Q2/2006), up  
by 36.0 percent.                                                                
- Consolidated operating profit: EUR 1.4 million (EUR 0.7 million), or 13.9     
percent of net sales (9.8 percent), up by 93.8 percent.                         

- Net profit from continuing operations and net profit for the period: EUR 1.0  
million (EUR 0.6 million), or 10.3 percent of net sales (8.3 percent).          
                                                                                
- Earnings per share: EUR 0.016 (EUR 0.010). Equity ratio at 69.6 percent (53.5 
percent).                                                                       
                                                                                
- Cash flow from operating activities was EUR 1.5 million (EUR -0.1 million).   

- The Group predicts that consolidated net sales and operating profit for 2007  
will exceed significantly the previous year's levels.                           


BUSINESS ENVIRONMENT                                                            

The Systems segment's long order book for automation systems was reflected in   
high net sales in the second quarter, while demand for software deliveries was  
at a satisfactory level. A steady stream of orders continued in the second      
quarter, which will increase the segment's net sales towards the year end.      

Demand for the documentation and visualization services provided by the Services
segment remained brisk in the second quarter.                                   

The Health Care segment's sales of tonometers in the second quarter were        
unsatisfactory while probe sales were strong. As in the previous year, the      
second quarter net sales and the segment's profit remained lower than in the    
first quarter. The application for an FDA (Food and Drug Administration) license
to sell iCare tonometers in the USA was approved on May 31, 2007. An agreement  
with a distributor in the USA was concluded in the middle of July. The
deliveries 
of iCare-tonometers to the USA have not yet begun. 
                                                                                

NET SALES, PROFITABILITY AND PROFIT                                             

Consolidated net sales for the period came to EUR 10.0 million (EUR 7.3         
million), up by 36.0 percent year on year.                                      

Consolidated operating profit amounted to EUR 1.4 million, accounting for 13.9  
percent of consolidated net sales (EUR 0.7 million, or 9.8 percent of           
consolidated net sales), up by 93.8 percent from the previous year.             

Pre-tax profit totaled EUR 1.4 million, accounting for 14.0 percent of net sales
(EUR 0.7 million, or 10.2 percent of net sales), up by 86.3 percent year on     
year.                                                                           
                                                                                
Net profit from continuing operations and net profit for the period totaled EUR 
1.0 million, accounting for 10.3 percent of net sales (EUR 0.6 million, or 8.3  
percent of net sales), up by 68.7 percent from the previous year. The amount of 
expenses for deferred tax assets before profit recognized for Q1-Q2/2007 tax    
came to EUR 0.36 million and for Q1-Q2/2006 EUR 0.00 million.                   

Earnings per share rose to EUR 0.016 (EUR 0.010) and equity per share improved  
to EUR 0.171 (EUR 0.079). Diluted earnings per share equaled basic earnings per 
share.                                                                          

Systems (Done Logistics), Services (Done Information) and Health Care (Tiolat)  
form the Group's primary, IFRS-compliant segment reporting format. Net sales and
profit by segment were as follows:                                              

                   Net sales    Net sales         Segment profit                
                   Q1-Q2/2007   Q1-Q2/2006     Q1-Q2/2007  Q1-Q2/2006           
                   MEUR  share  MEUR  share	 MEUR   %    MEUR   %              

Systems             5.2   52%    3.5   48%     0.69  13    0.45  13             

Services            2.9   29%    2.6   35%     0.46  16    0.35  14             

Health Care         1.9   19%    1.3   17%     0.55  29    0.24  19             

Total              10.0  100%    7.3  100%     1.70  17    1.04  14             

Parent company costs                          -0.31  -3   -0.32  -4             

Operating profit                               1.39  14    0.72  10             

The consolidated net sales, profit by segment and consolidated operating profit 
by quarters were:                                                               

MEUR                Q2/2007 Q1/2007 Q4/2006 Q3/2006 Q2/2006 Q1/2006             

Net sales:                                                                      
Systems               2.6     2.6     1.8     1.1     1.8     1.7               
Services              1.4     1.5     1.3     1.1     1.3     1.3               
Health Care           0.9     1.1     1.0     0.7     0.6     0.7               
Total                 4.8     5.2     4.1     2.9     3.6     3.8               

Profit by segment:                                                              
Systems               0.36    0.33    0.25    0.03    0.21    0.25              
Services              0.17    0.28    0.18    0.16    0.15    0.20              
Health Care           0.15    0.41    0.21    0.21    0.09    0.14              
Total                 0.68    1.02    0.64    0.40    0.45    0.59              
Parent company costs -0.15   -0.16   -0.15   -0.13   -0.14   -0.18              
Operating profit      0.53    0.86    0.49    0.27    0.31    0.41              
Operating profit %   11.1%   16.6%   12.1%    9.4%    8.6%   10.9%              


BALANCE SHEET AND FINANCIAL POSITION                                            

On June 30, 2007, consolidated balance-sheet total amounted to EUR 16.8 million 
(EUR 11.1 million on June 30, 2006). Shareholders' equity came to EUR 11.3      
million (EUR 5.9 million). Interest-bearing liabilities totaled EUR 0.3 million 
(EUR 2.2 million) and gearing stood at -7.8 percent (-28.0 percent). At the     
period-end, equity ratio was 69.6 percent (53.5 percent) and cash and cash      
equivalents stood at EUR 1.2 million (EUR 3.8 million).                         

On April 3, 2007, the Company paid EUR 0.8 million in subordinated loans and EUR
0.13 million in interest to Conventum Venture Finance Ltd (EUR 0.55 million and 
EUR 0.09 million) and Jyri Merivirta (EUR 0.25 million and EUR 0.04 million),   
the latter belonging to the Company's related parties.                          


MAJOR EVENTS DURING THE PERIOD                                                  

On April 3, 2007, Done Solutions Corporation published a stock exchange release 
dealing with decisions made by the Annual General Meeting (AGM) on the same     
date. The AGM's decision on alterations of the Articles of Association and other
decisions requiring registration in the Trade Register were registered on April 
16, 2007.                                                                       

Done Logistics Oy, a subsidiary within the Group's Systems segment,             
received on May 16, 2007, a EUR 2.6 million project delivery order from a major 
customer in the paper industry. The delivery will be implemented in Europe      
during 2007-08.                                                                 

The US Food and Drug Administration approved on May 31, 2007, an import license 
application for the iCare tonometer filed by Tiolat Oy, a Group subsidiary      
within the Health Care segment.                                                 

Pekka Pystynen finished on June 26, 2007, as Done Solutions Corporation's CEO.  
The group's Legal Council Juha Kujala continues as acting CEO.                  


MAJOR EVENTS AFTER THE BALANCE SHEET DATE                                       

On July 3, 2007, Done Logistics Oy, a subsidiary within the Group's Systems     
segment, received an over EUR 2.0 million project delivery order from a major   
customer in the forest industry. The delivery will be implemented in Europe     
during 2007-08.                                                                 


PRODUCT DEVELOPMENT                                                             

Product development costs for the period came to EUR 0.16 million (EUR 0.14     
million) and were expensed as incurred.                                         


HUMAN RESOURCES                                                                 

During the period, the number of employees averaged 136 (132), two of whom      
worked abroad (2). Personnel by segment was as follows:                         

                                Q1-Q2/2007  Q1-Q2/2006		                        
Systems                              59          58	                            
Services                             67          65
Health Care                           7           6                             
Parent company                        3	     3                             
Total                               136	   132                         


MANAGEMENT AND AUDITORS                                                         

From April 3, 2007, Done Solutions Corporation's Board of Directors is made up  
of the following members: Jyri Merivirta (Chairman), Matti Nevalainen and Pekka 
Tammela.                                                                        

Deloitte & Touche Oy, Authorized Public Accountants, acts as the company's      
auditor, with Eero Lumme, Authorized Public Accountant, acting as the chief     
auditor.                                                                        


INSIDER ISSUES AND CORPORATE GOVERNANCE									                                
Done Solutions Corporation complies with the Helsinki Stock Exchange's          
Guidelines for Insiders effective since January 1, 2006 and, to the applicable  
extent, the Recommendation on the Corporate Governance for Listed Companies     
effective since July 1, 2004. The Company's Corporate Governance Statement is   
available in the Investors section on the Company's website.                    
                                                                                

SHARE CAPITAL AND SHARES                                                        

On June 30, 2007, Done Solutions Corporation's share capital amounted to EUR    
5,314,918.72 and the number of shares totaled 66,436,484.                       

The Board has not exercised valid authorizations to issue 33,000,000 shares and 
dispose of 6,643,648 treasury shares, resolved by the AGM of April 3, 2007.     
Based on the AGM's authorization issued on April 3, 2007, the Board of Directors
may decide to buy back 6,643,648 own shares. The company has no treasury shares,
nor has it valid stock option schemes in place.                                 

The reported share turnover of Done Solutions Corporation between January 1 and 
June 30, 2007 was EUR 19.7 million, representing 45.6 million shares and 68.6   
percent of the total number of company shares. The share registered a high of   
EUR 0.77 and a low of EUR 0.28. The share price averaged EUR 0.46 and closed at 
EUR 0.72 on June 30, 2007. The company's market capitalization on June 30, 2007 
totaled EUR 47.8 million.                                                       


SHAREHOLDERS                                                                    

The company's largest shareholders are listed on Done's website at              
www.donesolutions.com (Investors / Financial Information / Largest              
shareholders).                                                                  


MANAGEMENT SHAREHOLDINGS                                                        

On June 30, 2007, the Board of Directors and the President and CEO held 22.6    
percent of the company's shares, totaling 15,000,000 shares. Moreover, on the   
same date, Gateway Finland Oy held 17.3 percent of company shares, totaling     
11,500,000 shares. Matti Nevalainen, a Board member, holds 50 per cent of       
Gateway Finland Oy shares.                                                      


MAJOR BUSINESS RISKS                                                            

The stock exchange release of February 28, 2007 on the financial statements for 
2006 provides information on major business risks exposed by the company. The   
second quarter did not see any changes in the company's major business risks.   


PROSPECTS                                                                       

Demand for the Services segment's multilingual documentation and visualization  
services is expected to remain steady also towards the year end and segment net 
sales are anticipated to show moderate growth.                                  
The Systems segment's order intake was excellent in the first half of the year  
and the segment is expected to post significantly higher net sales in 2007 than 
in 2006. The Health Care segment is expected to increase its net sales markedly 
due to a sales license approval for the USA and expanding markets.              

Due to the expected increase in net sales for Systems and Health Care segments, 
consolidated net sales and operating profit for the current businesses is       
expected to be significantly higher in 2007 than in the previous year.          


Done Solutions Corporation                                                      
Board of Directors                                                              


For further information, please contact:                                        

Juha Kujala, acting CEO, gsm +358(0)40 7349017,                                 
juha.kujala@donesolutions.com                                                   

Mika Söyring, CFO, gsm +358(0)40 7770033,                                       
mika.soyring@donesolutions.com                                                  

http://www.donesolutions.com                                                    

Distribution                                                                    
Helsinki Stock Exchange                                                         
Financial Supervision Authority                                                 
Major media                                                                     

With its shares having been quoted on the Helsinki Stock Exchange since 2001,   
Done Solutions is organized into three business areas: Systems (Done Logistics) 
provides comprehensive intralogistics systems, based on automated               
materials-handling and supporting information systems; Services (Done           
Information) provides multilingual documentation and visualization services; and
Health Care (Tiolat) provides iCare-tonometers for eye specialists and          
opticians.                                                                      


GROUP KEY FIGURES AND RATIOS (MEUR)   Q1-Q2/2007 Q1-Q2/2006      2006           
                                                                                
Net sales                                 10.0        7.3        14.3           

Operating profit                           1.4        0.7         1.5           
Operating margin, %                       13.9        9.8        10.3           
                                                                                
Pre-tax profit                             1.4        0.7         1.5           
Pre-tax profit, %                         14.0       10.2        10.5           

Net profit                                 1.0        0.6         3.5           
Net profit, %                             10.3        8.3        24.2           

Gross capital expenditure                  0.1        0.0         5.4           
Gross capital expenditure, % of net sales  0.7        0.4        37.7           

R&D costs                                  0.2        0.1         0.3           
R&D costs, %                               1.6        1.9         2.0           

Gearing, %                                -7.8      -28.0        -1.8           
Equity ratio, %                           69.6       53.5        63.7           

Return on investment (ROI), %             23.4       22.7        17.1           
Return on equity (ROE), %                 18.5       25.2        43.3           

Earnings per share, cont. operations EUR   0.016      0.010       0.056         
Earnings per share, discont.operations EUR 0.000      0.000       0.000         
Equity per share, EUR                      0.171      0.079       0.165         

Average no. of employees                   136        132         133           

Cash flow from operating activities        1.5       -0.1         0.6           
Cash flow from investing activities       -0.1       -0.0        -2.1           
Net cash used in financing activities     -2.7        0.2         0.2           
Total cash flow                           -1.2        0.1         1.3           


CONSOLIDATED INCOME STATEMENT (MEUR)  Q1-Q2/2007 Q1-Q2/2006      2006           
                                                                                
NET SALES                                 10.0        7.3        14.3           
Other operating income                     0.0        0.0         0.1           
Materials and services                    -3.8       -2.3        -4.3           
Employee benefits                         -3.2       -3.1        -6.0	          
Depreciation/amortization                 -0.3       -0.1        -0.4           
Other operating expenses                  -1.2       -1.1        -2.2           
OPERATING PROFIT                           1.4        0.7         1.5           
Share of associates' results               0.0        0.0         0.1           
Financial expenses (net)                  -0.0        0.0        -0.0           
PRE-TAX PROFIT                             1.4        0.7         1.5           
Income tax expense                        -0.4       -0.1         2.0           
Minority interest                          0.0       -0.1         0.0           
NET PROFIT, continuing operations          1.0        0.6         3.5           
Net profit, discontinued operations        0.0        0.0         0.0           
NET PROFIT                                 1.0        0.6         3.5           

Earnings per share, basic EUR              0.016      0.010       0.056         
Earnings per share, diluted EUR            0.016      0.010       0.056         


CONSOLIDATED INCOME STATEMENT (MEUR)     Q2/2007     Q2/2006                    
                                                                                
NET SALES                                  4.8         3.6                      
Other operating income                     0.0         0.0                      
Materials and services                    -1.8        -1.1                      
Employee benefits                         -1.6        -1.6                      
Depreciation/amortization                 -0.2        -0.1                      
Other operating expenses                  -0.7        -0.5                      
OPERATING PROFIT                           0.5         0.3                      
Share of associates' results               0.0        -0.0                      
Financial expenses (net)                   0.0        -0.0                      
PRE-TAX PROFIT                             0.5         0.3                      
Income tax expense                        -0.1        -0.0                      
Minority interest                          0.0        -0.0                      
NET PROFIT, continuing operations          0.4         0.2                      
Net profit, discontinued operations        0.0         0.0                      
NET PROFIT                                 0.4         0.2                      


CONSOLIDATED BALANCE SHEET(MEUR)    June 30,‘07 June 30,‘06 Dec. 31,‘06         

ASSETS                                                                          

NON-CURRENT ASSETS                                                              
Property, plant and equipment              0.6        0.5         0.6           
Goodwill                                   3.1        1.2         3.1           
Intangible assets                          4.7        1.7         4.9           
Shares in associates                       0.4        0.4         0.4           
Available-for-sale assets                  0.0        0.0         0.0           
Receivables                                0.4        0.4         0.4           
Deferred tax assets                        1.7        0.0         2.2           
TOTAL NON-CURRENT ASSETS                  10.9        4.2        11.5           

CURRENT ASSETS                                                                  
Inventories                                0.3        0.1         0.2           
Trade and other receivables                4.4        2.9         3.1           
Cash and cash equivalents                  1.2        3.8         2.4           
TOTAL CURRENT ASSETS                       5.9        6.9         5.7           

TOTAL ASSETS                              16.8       11.1        17.2           

LIABILITIES AND SHAREHOLDERS' EQUITY                                            

SHAREHOLDERS'S EQUITY                                                           
Share capital                              5.3        4.8         5.3           
Share premium                              2.4        1.1         2.4           
Fair value reserve                         0.3        0.3         0.3           
Revaluation reserve                        1.5        0.0         1.5           
Retained earnings/loss                     1.8       -1.5         1.4           
TOTAL EQUITY, attributable to holders                                           
of parent company equity                  11.3        4.8        11.0           
MINORITY INTEREST                          0.0        1.1         0.0           
TOTAL SHAREHOLDERS' EQUITY                11.3        5.9        11.0           

LIABILITIES                                                                     
LONG-TERM LIABILITIES                                                           
Deferred tax liabilities                   1.2        0.4         1.3           
Provisions                                 0.6        0.5         0.5           
Interest-bearing liabilities               0.3        1.1         1.2           
Other payables                             0.0        0.0         0.0           
TOTAL LONG-TERM LIABILITIES                2.1        2.1         3.1           

SHORT-TERM LIABILITIES                                                          
Advance payments                           0.5        0.1         0.0           
Trade and other payables                   2.8        2.0         2.1           
Provisions                                 0.1        0.0         0.1           
Interest-bearing liabilities               0.0        1.0         1.0           
TOTAL SHORT-TERM LIABILITIES               3.4        3.1         3.1           

TOTAL LIABILITIES                          5.5        5.2         6.3           

TOTAL LIABILITIES & SHAREHOLDERS' EQUITY  16.8       11.1        17.2           


CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (MEUR)                

                      Share   Share   Other   Retained Minority  Total          
                     capital premium reserves earnings interest equity          
Balance Jan. 1, 2006    4.8     1.0     0.3     -2.0      1.0     5.0           
Paid dividends to                                                               
minority shareholders   0.0     0.0     0.0     -0.0      0.0    -0.0           
Share subscriptions                                                             
based on stock options  0.1     0.1     0.0      0.0      0.0     0.2          
Net profit              0.0     0.0     0.0      0.6      0.0     0.6           
Balance June 30, 2006   4.8     1.0     0.3     -1.5      1.1     5.9           
Private placement       0.5     1.4     1.5      0.0      0.0     3.5           
Net profit              0.0     0.0     0.0      3.5      0.0     3.5           
Balance Dec. 31, 2006   5.3     2.4     1.8      1.4      0.0    11.0           
Dividend distribution   0.0     0.0     0.0     -0.7      0.0    -0.7           
Net profit              0.0     0.0     0.0      1.0      0.0     1.0           
Balance June 30, 2007   5.3     2.4     1.8      1.8      0.0    11.3           


CONSOLIDATED CASH FLOW STATEMENT                                                
(MEUR)                              June 30,‘07 June 30,‘06 Dec. 31,‘06         
                                                                                
Net profit                                 1.0        0.6         3.5           
Adjustments to net profit                  0.7        0.5        -1.6           
Change in working capital                 -0.2       -1.2        -1.3           
Interest paid                             -0.0       -0.1        -0.1           
Interest received                          0.0        0.0         0.2           
CASH FLOW FROM OPERATING ACTIVITIES        1.5       -0.1         0.6           

Acquisition of subsidiary                  0.0        0.0        -2.2           
Disposal of operations                     0.0        0.0         0.0           
Purchase of PPE and intangible assets     -0.1       -0.0        -0.1           
Payments of other investments              0.0        0.0         0.1           
NET CASH USED IN INVESTING ACTIVITIES     -0.1       -0.0        -2.1           

Rights issue                               0.0        0.2         0.2           
Paid dividends                            -0.7        0.0         0.0           
Repayments of long-term borrowings        -2.0        0.0         0.0           
Finance lease principal payments          -0.0       -0.0        -0.0           
NET CASH USED IN FINANCING ACTIVITIES     -2.7        0.2         0.2           

Net change in cash and equivalents        -1.2        0.1        -1.3           
Cash and equivalents, period-start         2.4        3.7         3.7           
Cash and equivalents, period-end           1.2        3.8         2.4           


CONTINGENT LIABILITIES (MEUR)       June 30,‘07 June 30,‘06 Dec. 31,‘06         

Mortgages given                            0.3        0.3         0.3           
Pledges given                              2.7        2.9         2.7           
Securities given                           2.2        1.0         1.3           

Finance lease liabilities                  0.1        0.1         0.1           
Operating lease liabilities                0.1        0.2         0.3           


NET SALES AND OPERATING PROFIT BY QUARTERS (MEUR)                               

MEUR               Q2/2007  Q1/2007  Q4/2006  Q3/2006  Q2/2006  Q1/2006         
Net sales            4.8      5.2      4.1      2.9      3.6      3.8           
Operating profit     0.5      0.9      0.5      0.3      0.3      0.4           
Operating profit, % 11.1     16.6     12.1      9.4      8.6     10.9           

The figures (inc. comparatives) in this report are in compliance with IFRS. 
The accounting principles in this report equal to the principles in financial
report 2006. The data in this report are based on unaudited figures.