Aix-en-Provence, France, February 26, 2015 – INSIDE Secure (Euronext Paris : INSD), a leader in embedded security solutions for mobile and connected devices, is today reporting its consolidated results  for the financial year 2014.
- Consolidated revenue of $125.4 million in FY 2014, with a fundamentally different product mix compared with 2013, carrying higher margins
- Strong growth in the adjusted gross margin to 59.3% of revenue (compared with 39% in 2013), as a consequence of the Group’s strategic repositioning towards a more profitable business model
- Sharp increase in adjusted operating income to $8.1 million in 2014, compared with a loss of $3.0 million in 2013
- 2014 EBITDA of $12
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 Some financial measures and performance indicators are presented on an adjusted basis as defined in Appendix 2 of this press release. They should be considered as additional information, which cannot replace any other strictly accounting-based operating or financial performance measure, as presented in the consolidated financial statements in Appendix 1.
 The consolidated financial statements were prepared by the Management Board, reviewed by the Supervisory Board and audited by the Statutory Auditors.