10.03.2020 JDC Group AG  DE000A0B9N37

DGAP-News: JDC Group AG: JDC Group accelerates growth


DGAP-News: JDC Group AG / Key word(s): Annual Results
JDC Group AG: JDC Group accelerates growth

10.03.2020 / 07:50
The issuer is solely responsible for the content of this announcement.

JDC Group accelerates growth

- Preliminary figures for 2019 show strong growth in revenues and improved EBITDA

- Revenues in 2019 grew by around 18 percent to approximately EUR 112 million while maintaining a stable cost structure

- The preliminary EBITDA for 2019 more than doubled to EUR 4.2 million

- Positive outlook for the 2020 financial year

JDC Group AG (ISIN DE000A0B9N37) ended the fiscal year 2019 very successfully. Based on preliminary and as yet unaudited financial figures released today, revenues for 2019 as a whole rose by roughly 18 percent to EUR 111.7 million (2018: EUR 95.0 million). Following 8 percent growth in 2017 and 13 percent growth in 2018 this presents a significant further improvement. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased to EUR 4.2 million (2018: EUR 1.5 million). Included in this increase in earnings was an effect of around EUR 1.0 million due to the new IFRS 16 accounting regulations being implemented for the first time. Earnings Before Interest and Taxes (EBIT) were also positive for 2019, and significantly better than in the previous year (2018: EUR -1.7 million).

Both the Advisortech and Advisory business segments contributed to this increase, with both segments achieving significant growth in revenues and earnings in 2019. In the Advisortech segment, revenues rose by around 20 percent to EUR 92 million and the EBITDA increased by over 71 percent to EUR 4.7 million.

The Advisory segment, which represents the traditional revenue channel at JDC Group, showed an encouraging performance over the course of the year - revenues increased by around 13 percent to EUR 29.7 million, which in turn increased the EBITDA by 38 percent to EUR 1.5 million.

In addition to an increase in gross profit, the growth in earnings was due to a stable cost structure despite the strong expansion in topline. Following the platform investments of recent years this shows an increase in operating efficiency.

Overall, revenues and EBITDA were provisionally as follows:

  2019 [mEUR] 2018 [mEUR] Deviation [%]
Revenues 111.7 95.0 17.6%
from Advisortech 92.4 76.9 20.2%
from Advisory 29.7 26.3 12.9%
EBITDA 4.2 1.5 >100%
EBITDA margin % 3.8 1.6           >100%
EBIT 0.0 -1.7 >100%
EBIT margin % 0.0 -1.8 >100%

"We're very satisfied with our company's development in 2019," says Ralph Konrad, CFO of JDC Group AG. "We're especially pleased with the fact that we achieved strong growth at JDC with an almost stable cost base, which demonstrates the commencing scaling of our platform. Following the refinancing of our bond we further have a strong liquidity position going into 2020."

"In addition to our economic success, we also set strategic milestones to further develop our company in 2019", adds Dr Sebastian Grabmaier, CEO of JDC Group. "We've significantly improved and enhanced our platform technology and have onboarded several new major customers. These include an insurance company as well as two large banks with balance sheet totals of over EUR 10 billion. This means that we've now also successfully entered the bank assurance segment, which is expected to grow considerably in the coming years. We're therefore very optimistic about the Group's development going forward."

In 2020, the company expects revenues to increase to EUR 125 to 132 million, based on cooperation agreements that have already been signed, and also expects to see a further increase in EBITDA.

JDC Group AG's business model is not immediately affected by the coronavirus crisis. In particular, the Group has no significant dependence on supply chains or external service providers. General developments of the global economy and the business climate in Germany and Europe may, of course, have a negative impact on capital markets and on the purchasing behaviour of our customers.

The company plans to release the final, audited figures for the fiscal year 2019 on 30 April 2020. More information on JDC Group AG is available at www.jdcgroup.de.

About JDC Group AG

JDC Group AG (ISIN: DE000A0B9N37) stands for modern financial advice and intelligent financial technology for advisors and customers. In the "Advisortech" business unit, via our subsidiary Jung, DMS & Cie., we provide our customers and advisors with modern advisory and administration technology. While many sales and distribution partners perceive the technological transformation as a problem and the young Fintech companies as the new competitors, we perceive the "technology" factor to be a great opportunity. Solutions from the "Advisortech" business unit help advisors, brokers, banks and other intermediaries to take even better care of their customers and generate increased sales in their earnings. In the "Advisory" segment, we procure financial products for private end customers via free advisors using the FiNUM Group. With over 16,000 connected sales partners we are one of the market leaders in the German-speaking region.


The Directors of JDC Group AG hold a participating interest in JDC Group AG and have a self-interest in the nature and content of the information provided in this release.


JDC Group AG

Ralf Funke
Investor Relations
Phone: +49 611 890 5750
Email: [email protected]

10.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: JDC Group AG
Kormoranweg 1
65201 Wiesbaden
Phone: +49 (0) 611 890 575-0
Fax: +49 (0) 611 890 575-99
E-mail: [email protected]
Internet: http://www.jdcgroup.de
ISIN: DE000A0B9N37
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 993299

End of News DGAP News Service

993299  10.03.2020 


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 78,05 84,48 95,03 111,47 122,83 144,00 0,00
EBITDA1,2 2,72 3,19 1,46 4,17 5,13 8,70 0,00
EBITDA-Marge3 3,48 3,78 1,54 3,74 4,18 6,04 0,00
EBIT1,4 0,23 0,20 -1,70 -0,15 0,50 3,70 0,00
EBIT-Marge5 0,29 0,24 -1,79 -0,14 0,41 2,57 0,00
Jahresüberschuss1 -1,21 -0,17 -4,34 -1,81 -1,16 2,10 0,00
Netto-Marge6 -1,55 -0,20 -4,57 -1,62 -0,94 1,46 0,00
Cashflow1,7 1,22 3,21 1,57 3,85 8,87 7,80 0,00
Ergebnis je Aktie8 -0,11 -0,14 -0,35 -0,14 -0,09 0,13 0,38
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Dr. Merschmeier + Partner

XETR:A8A Charts by TradingView (c)

JDC Group
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0B9N3 23,600 Kaufen 322,58
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
42,14 0,00 0,00 -64,66
11,41 36,35 2,63 37,76
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
0,00 0,00 0,00 02.09.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
12.05.2022 11.08.2022 15.11.2021 31.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-5,21% 21,38% -4,07% 150,00%
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Finanzdienstleistungen , A0B9N3 , A8A , XETR:A8A