MLS Innovation Inc. recorded revenue of €10.65 million in the 1st semester of 2019, (compared to €10.54 million last year)  with earnings after taxes reaching €1.12 million  (compared to €1.32 million last year). Earnings after taxes reached €0.82 million (compared to €1.48 million last year) while earnings before interest, taxes and depreciation (EBITDA) increased  and  reached €3.43 million (compared to €3.24 million last year).

Greek elections affected negatively the Greek Tablets and Smartphones market. Losses were oversubscribed by sales in Cyprus and the Balkans.

Although the penetration of Smart Speakers/ Displays has surpassed all expectations in USA and China, Europe (except for England) has only just began. MLS is ready to exploit a potential Booming in the Smart Speakers / Displays market.

Last but not least, the new Artificial Intelligence and Voice Recognition Platform MAIC will be further utilized in other forms: Participation in large-scale research projects, adaptation of the Platform in all Android Smartphones and Tablets of the company, as well as the possibility of using the Platform by all Android device owners both in Greece, Cyprus, Serbia, Bulgaria and the countries to follow.