Economic
Performance in 2020
iLOQ economic performance
(EUR thousand)
Revenue: 74,125
Operating costs
- Materials and services: 32,408
- Employee wages and benefits: 14,982
- Total: 47,390
Payments to providers of capital: 0
Payments to government (taxes): 1,777
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. The products improve property security and also reduce time spent on key and lock management and replacement, and general maintenance work, resulting in savings in labor costs. The self-powered locks utilize kinetic energy, or, in the case of the iLOQ S50 mobile solution, energy from the phone. This reduces the cost of replacing batteries and the 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/