Economic
Performance in 2019

iLOQ economic performance
(EUR thousand)

Revenue: 61,074

Operating costs

  • Materials and services: 26,998
  • Employee wages and benefits: 13,395
  • Total: 40,393

Payments to providers of capital: 2,272

Payments to government (taxes): 1,548

Financial assistance received (tax reliefs, awards, subsidies)

  • Government grants: 0

iLOQ Economic Benefits for Customers

Positive economic impact of iLOQ products

iLOQ’s digital access management products and solutions are designed to deliver clear economic benefits to building owners and managers. In addition to superior safety and security, the products help save in labor costs associated with the management of keys, lock and key replacements and regular maintenance. The self-powered locks that utilize kinetic energy, or in the case of the iLOQ S50 mobile solutions the energy from the phone, also reduce the need for regular battery changes and the cost of batteries themselves.

Total Cost of Ownership

The customer’s economic benefits are best seen over the solution lifecycle. See how much you could save: https://www.iloq.com/fi/tco-calculator/