In order to present the company's financial balance sheet related to the past year, Volume 2 of the Annual Report represents in detail the latest economic and financial indicators. The document's main objective is to show a detailed breakdown of data pertaining to profit, sales and human resources.

1. VOLUME 2
www.ubiwhere.com
ANNUAL
REPORT
2017

2. facebook.com/ubiwhere
twitter.com/ubiwhere
plus.google.com/+UbiwhereUbiwhere
linkedin.com/company/ubiwhere
www.ubiwhere.com
Headquarters
Travessa Senhor das Barrocas, 38
3800-075 Aveito (Portugal)
info@ubiwhere.com
+351 234 484 466
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3. Ubiwhere was born in 2007. We started
by being a group of focused professionals
passionate about technology, internet,
informatics and computers. We always wanted
to work for futuristic realities and suit the
future. We believed in meaningful days and
we were sure that our work could contribute
to a better tomorrow. So we started to think
about ways to apply our knowledge, to put it at
society’s disposal, and more than helping the
everyday life, we wanted to assure the future
of the generations that were yet to come. We
tried to identify what was not so well in our city,
and with that a new challenge arose - we set off
on the smart cities journey.
We actually started very small, but always
aimed very high. Now we are a Portuguese
Research and Development SME focused on
Smart Cities, Telecommunications and Tailor-
Made projects, working for and with all parts of
the world and growing every day.
We develop user-centered software solutions.
Our main goal is to research and develop
powerful solutions and to create valuable
intellectual property internally and for
our clients, in order to be an international
reference in the sectors in which we operate.
Regarding the Smart Cities sector,
interoperability, Open Data and smart cloud-
based services are vital. Our telecom and
Future Internet also offers great variety, with
areas like QoS (Quality of Service), Networking
Convergence and Future Internet Services
(NFVs). We also work with prestigious entities
like SONAE, PT Inovação, and the National
Government, among others. Besides this,
Ubiwhere cooperates with leading national
and international technology companies
which value our partnership and recognize
the company’s large-scale contribution to their
creative and innovative projects. Our company
maintains a long-life commitment to ensure the
best practices in quality management, holding
the ISO9001 and CMMI Level 3 Certifications.
Our multi-faced team truly like to work with
us. They are creative, innovative and have
an entrepreneurial spirit. Every day our
collaborators work to deliver the solutions that
our clients need. They adapt very fast to all
the changes, solve problems and are always
ready to face s technology and businesses’
greatest challenges. This high quality is only
UBIWHERE
WHO WE ARE
possible because we offer such a diversely
talented team with experts from different but
complementary fields. We rely on a dynamic,
passionate and highly qualified team composed
by Senior Executives, Researchers, Consultants,
Project Managers, Designers, Marketing and
Communication Managers, Programmers and
Quality Assurance Technicians (more than 30
employees and more than 90% with Master
Degree or higher).
Looking towards the future, we will continue to
follow our inspiring vision. The future demands
that we be bold in our thinking – we will not
succeed if we act on this as something ordinary
.We must bear in mind that that the future
holds remarkable development and challenges
which require extraordinary and innovative
solutions.
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4. OUR SECTORS
With a client-oriented approach and focusing on innovation, our portfolio
of products, services and solutions is quite wide. In the Smart Cities sector,
we embrace interoperability, Open Data and smart cloud-based services as
fundamental components of what we do. Focusing on Telecom and Future
Internet, it ranges from areas such as QoS (Quality of Service), Networking
Convergence and Future Internet Services (NFVs). We also create and develop
tailor-made solutions that meet the needs of the market.
TELECOM & FUTURE INTERNET
The successful exploitation of innovative ideas comes from
our ability to imagine and develop new tools for dynamic and
challenging environments.With an ear towards clients and an
eye for innovation, we offer a vast portfolio of products, services
and SaaS for the Telecom and Future Internet sectors. From
Brazil and Africa, to Europe and the Asia-Pacific, our solutions
are spread all over the world and the last results speak for
themselves.
SMART CITIES
Our company is committed to create smart solutions for smart
cities in areas such as mobility, tourism, energy and efficient
resource management. Cities worldwide are facing diverse
challenges to demonstrate its commitments to environmental
and social demands. The growing concern to find the right
balance between urban development needs and global
environmental updates challenges our company to create smart
solutions for smart cities in several areas
TAILOR-MADE
The competitive and challenging environment of our solutions,
allied with our work in different sectors has given us the ability
to develop a variety of products and services that best suits our
customers’ expectations.Since we have a diversified portfolio
of solutions for each sector, we also feel the need to embrace
other specific projects for specific customers’ needs over the
years.
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5. WHAT PARTNERS SAY
Ubiwhere has been an important partner for
ANACOM in the search and implementation of
solutions to the numerous challenges in the
field of Internet QoS measurement.”
Paulo Serra - ANACOM
QoS Unit Coordinator Paulo Calçada - City of Porto
CEO
Porto Digital
Pedro Vieira - AdP
IT and Innovation Director
It is vital for city managers to have an integrat-
ed and unified perspective of the city they are
responsible for, with the purpose of changing
current urban interventions from reactive to
proactive.” (About Ubiwhere’s solutions)
Ubiwhere has been working with Águas do
Porto, developing some important technolog-
ical tools to support customer relations and
app development. They assigned a great team
to our project that has quickly understood the
challenges and pointed the correct solutions.
We hope to keep on moving with stronger
partnerships in next technological projects to
come.”
“ “ “
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6. TURNOVER
AND GROWTH
IN 2017
2017 was marked with the celebration of Ubiwhere’s 10th anniversary, and
it was a remarkable year marking the history of the company.
The data below represent a clear confirmation of the constant evolution of the
company over the last years. Since 2007, the company has been guided by
its competence, reliability and consistency of a structure that over the years
has been suiting the future of success. On a financial and structural level, this
year was a remarkable year, with the investment of the PROEF Group, which
acquired 20% of Ubiwhere’s capital, thus consolidating the creation of a strategic
partnership between companies. Guided by a common vision and enriched by
the complementary values of each company, this partnership responds to new
challenges that the market has placed.
€ 2416k
turnover
€ 1248k
sales
€ 786k
ebitda
€ 732k
net earnings
It must be said that this has only been possible due to
the dedication of all the collaborators that have worked
alongside us in the last 10 years and that have given their
best in their field of expertise day after day.”
“
Rui A. Costa
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7. SALES
TURNOVER
ECONOMIC INDICATORS
NET EARNINGS
2008
2008
€ 120 169
€ 35 889
€ 120 169
2008
2009
2009
€ 294 173
€ 90 341
€ 313 334
2009
2010
2010
€ 319 398
€ 116 691
€ 371 084
2010
2011
2011
€ 532 652
€ 193 052
€ 889 210
2011
2012
2012
€ 869 369
€ 293 922
€ 1 271 439
2012
2013
2013
€ 1 003 010
€ 373 000
€ 1 478 541
2013
2014
2014
€ 1 086 311
€ 402 709
€ 1 569 669
2014
2015
2015
€ 1 090 341
€ 492 829
€ 1 656 489
2015
2016
2016
€ 1 113 148
€ 518 303
€ 1 884 766
2016
2017
2017
€ 1 248 722
€ 732 465
€ 2 416 723
2017
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8. SOCIAL INDICATORS
EMPLOYEES RECRUITMENT
2007
2007
20072017
2017
APPLICATIONS
20172012
2012
2012
100% 94% 80%
6%0% 20%
06
0
48
751
19
300
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9. ACKNOWLEDGEMENTS
The success achieved over the last 10 years includes the effort
and dedication of the entire team, customers and partners,
that are part of Ubiwhere’s ecosystem. Every day we overcome
ourselves, and there’s no doubt any of this would be possible
without the effort of all. Each one of us contributes to the
success of this company that increasingly assumes itself as a
reference company and leader of the segment. Together, we
anticipate the future.
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10. www.ubiwhere.com info@ubiwhere.com