17.03.2020 German Startups Group GmbH & Co. KGaA  DE000A1MMEV4

DGAP-News: German Startups Group GmbH & Co. KGaA: Founder and CEO of German Startups Group suggests freeze measures to the ministries of finance and of economics in order to stop the corona nightmare in the German economy


 

DGAP-News: German Startups Group GmbH & Co. KGaA / Key word(s): Miscellaneous
German Startups Group GmbH & Co. KGaA: Founder and CEO of German Startups Group suggests freeze measures to the ministries of finance and of economics in order to stop the corona nightmare in the German economy

17.03.2020 / 14:00
The issuer is solely responsible for the content of this announcement.


+++ Press release +++

Founder and CEO of German Startups Group suggests freeze measures to the ministries of finance and of economics in order to stop the corona nightmare in the German economy and reverse sustained damages


Berlin, 17 March 2020 - Christoph Gerlinger, founder and CEO of German Startups Group, a Berlin-based leading venture capital provider in Germany, having a standing exchange with the forward thinking startup ecosystem and periodically also with politics, has suggested three freeze measures to the ministries of finance and of economics this morning in order to avoid a melt-down or even a wipe-out of the German economy's equity and a mass unemployment as well as a new financial crisis resulting from it for self-enforcing spiral effects -

- Reimbursement of 90% of the epidemic-related shortfall in gross profits to corporations, businesses, freelancers and artists by the public sector

- Ban of epidemic-related layoffs of employees

- Granting of a put option to shareholders of listed German companies at 90% of pre-epidemic share prices for several months by the public sector.

In his opinion this would cost far less than expected due to the self-enforcing positive effects and than the mass social welfare after a manifestation of the downward spiral, and could be financed through government bonds almost at zero interest. The nightmare within the German economy would be at a halt immediately and most of the sustained economic damages reversed. Germany, thanks to its solid financial situation, would have the financial margins to do so. The government would not refund the personal and material damages only after the crash, but prevent the crash and thereby great suffering of people, instead.

By making the proposal, the management of German Startups Group wants to contribute to accelerating the political discussion, highlighting the tangible existential threats of many people in this country and to thinking in bold actions.

With its startup portfolio and cash assets German Startups group itself is not directly adversely affected by the Corona epidemic, except the fact its share price has also fallen by 30% in that context.

 

German Startups Group
Christoph Gerlinger
[email protected]
www.german-startups.com

German Startups Group

The German Startups Group, a Berlin-based publicly traded company comprises one of the leading VC providers in Germany. With a focus on Germany's young, fast growing companies - so called startups - the company acquires majority and minority shareholdings by providing venture capital. The core investment focus is on those tech companies whose products or business models include disruptive innovation, allow for a high degree of scalability and are run by strong entrepreneurial management teams. Since it commenced operations in 2012, German Startups Group has built a diversified portfolio of stakes in such companies and has become the most active private venture capital investor in Germany (CB Insights 2015, Pitchbook 2016).

More information is available on our website at www.german-startups.com.



17.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language: English
Company: German Startups Group GmbH & Co. KGaA
Platz der Luftbrücke 4-6
12101 Berlin
Germany
Phone: +49 (0)30-54908603
Fax: +49 (0)30-54908604
E-mail: [email protected]
Internet: www.german-startups.com
ISIN: DE000A1MMEV4
WKN: A1MMEV
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Tradegate Exchange
EQS News ID: 999329

 
End of News DGAP News Service

999329  17.03.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 10,91 9,61 12,53 16,45 0,13 12,50 16,60
EBITDA1,2 -4,75 2,70 2,34 4,84 -1,12 7,50 9,80
EBITDA-Marge3 -43,54 28,10 18,68 29,42 -861,54 60,00 59,04
EBIT1,4 -5,18 2,27 1,72 4,19 -1,12 5,80 7,90
EBIT-Marge5 -47,48 23,62 13,73 25,47 -861,54 46,40 47,59
Jahresüberschuss1 -3,34 1,68 -0,68 3,42 -0,74 5,00 6,40
Netto-Marge6 -30,61 17,48 -5,43 20,79 -569,23 40,00 38,55
Cashflow1,7 -0,81 -2,00 -1,60 0,88 -1,75 2,60 0,00
Ergebnis je Aktie8 -0,29 0,14 -0,05 0,26 -0,05 0,08 0,12
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,03
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

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INVESTOR-INFORMATIONEN
©boersengefluester.de
SGT German Private Equity
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1MMEV 1,300 Kaufen 79,11
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
6,84 10,97 0,62 13,83
KBV KCV KUV EV/EBITDA
2,80 - 603,89 -67,70
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,00 0,00 0,00 23.06.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
30.09.2021 01.06.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-9,72% -18,65% -8,45% -19,25%
    
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