09.10.2020 SPORTTOTAL AG  DE000A1EMG56

DGAP-News: SPORTTOTAL AG: Annual General Meeting paves the way for financing further expansion


 

DGAP-News: SPORTTOTAL AG / Key word(s): AGM/EGM
SPORTTOTAL AG: Annual General Meeting paves the way for financing further expansion

09.10.2020 / 15:38
The issuer is solely responsible for the content of this announcement.


Corporate News

SPORTTOTAL AG: Annual General Meeting paves the way for financing further expansion

- Annual General Meeting approves new Authorised Capital and the issuance of convertible bonds

- Ralf Reichert affirmed as new Supervisory Board member

- Strategic focus on expansion in the DIGITAL segment

Cologne, 9 October 2020. SPORTTOTAL AG's Annual General Meeting, which took place this year for the first time in a digital format and was broadcast from company headquarters in Cologne, has paved the way for financing SPORTTOTAL's further expansion. With the approval of the new Authorised Capital of €15.5 million and Contingent Capital for the issuance of convertible bonds in an amount of up to around €50 million, the Annual General Meeting has given the company full flexibility in financing its expansion plans. This underscores the trust of the shareholders in SPORTTOTAL's business model despite the operational and market-related challenges. All the proposals put forward by management were approved by a large majority of the voting capital present. Ralf Reichert was affirmed by the annual General Meeting as a member of the Supervisory Board. As CEO Peter Lauterbach explained in his speech, SPORTTOTAL intends to concentrate on futher expanding in the DIGITAL segment in the months ahead, while using the AI-based camera system developed in-house.

Discharge granted to the Management Board and Supervisory Board
The Management Board of SPORTTOTAL AG and the Supervisory Board were discharged with a clear majority. Similarly clear was the voting capital's decision to postpone the discharging of former Supervisory Board member Jean Fuchs. The background to this postponement is investigations against him by the Cologne Public Prosecutors Office on the grounds of suspected breach of trust and violation of confidentiality as a Supervisory Board member of SPORTTOTAL AG and SPORTTOTAL INTERNATIONAL S.A.

RSM GmbH selected as external auditor
Stuttgart-based Wirtschaftsprüfungs- und Steuerberatungsgesellschaft RSM GmbH has been selected as the external auditor for the accounts of the fiscal year 2020 at company and at Group level.

Ralf Reichert affirmed as a Supervisory Board member
After Jean Fuchs laid down his office as a Supervisory Board member in December 2019, Ralf Reichert was appointed on January 8, 2020 by Cologne Local Court up until the next regular Annual General Meeting. The Annual General Meeting has now affirmed his election as a Supervisory Board member. Ralf Reichert is the managing director of Cologne-based ESL Gaming GmbH as well as a member of the Advisory Board of Gamescom and of Medien-Digital-Land NRW and has in-depth expertise in digital business models.


About SPORTTOTAL AG:
SPORTTOTAL AG (ISIN: DE000A1EMG56), headquartered in Cologne, is a technology and media company on a growth path in the rapidly scalable digital business with video platforms and communities (DIGITAL), in the high-margin national and international project business (VENUES), as well as in the live events business (LIVE). The company, which was founded in 1979, operates a high-traffic portal through sporttotal.tv, with strong growth for online sport videos and live streaming. The company equips sports clubs with special camera technology which enables sports events to be transmitted live in a high quality and fully automatically on sporttotal.tv. SPORTTOTAL AG's service portfolio also comprises the technical equipping of racing circuits and sports facilities, as well as the production and marketing of sports events such as the ADAC TOTAL 24-Hour Race at the Nürburgring. In addition, SPORTTOTAL AG also produces content for prestigious companies such Porsche, Audi, Mercedes/AMG, Red Bull and VW, operates the #DABEI linear TV station, and organises high-calibre live events such as the Porsche Experience.

SPORTTOTAL AG

Am Coloneum 2
50829 Cologne
Germany
www.sporttotal.com
Tel.: +49 (0)221_7 88 77_0
Fax: +49 (0)221_7 88 77_ 199
[email protected]

 

Investor Relations
BSK Becker+Schreiner Kommunikation GmbH
Tobias M. Weitzel
Tel: +49 (0)177_7 21 57 60
[email protected]


 


09.10.2020 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: SPORTTOTAL AG
Am Coloneum 2
50829 Köln
Germany
Phone: +49 (0)221 7 88 77 0
Fax: +49 (0)221 7 88 77 199
E-mail: [email protected]
Internet: www.sporttotal.com
ISIN: DE000A1EMG56
WKN: A1EMG5
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 1140050

 
End of News DGAP News Service

1140050  09.10.2020 

fncls.ssp?fn=show_t_gif&application_id=1140050&application_name=news&site_id=boersengefluester_html


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 55,75 37,64 38,51 22,94 24,95 49,88 51,00
EBITDA1,2 1,14 -6,66 -11,68 -8,45 -6,95 -3,98 0,45
EBITDA-Marge3 2,04 -17,69 -30,33 -36,84 -27,86 -7,98
EBIT1,4 0,52 -8,01 -14,61 -11,62 -10,72 -7,13 -2,70
EBIT-Marge5 0,93 -21,28 -37,94 -50,65 -42,97 -14,29 -5,29
Jahresüberschuss1 0,30 -7,11 -16,60 -13,24 -9,86 -9,50 -3,60
Netto-Marge6 0,54 -18,89 -43,11 -57,72 -39,52 -19,05 -7,06
Cashflow1,7 -7,74 -1,43 -5,62 -10,15 -6,15 -0,73 0,00
Ergebnis je Aktie8 0,01 -0,32 -0,64 -0,42 -0,32 -0,31 -0,34
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - 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: Nexia

INVESTOR-INFORMATIONEN
©boersengefluester.de
Sporttotal
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1EMG5 0,705 Verkaufen 24,00
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 0,00 0,00 -2,67
KBV KCV KUV EV/EBITDA
-0,87 - 0,48 -12,39
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 22.06.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
29.09.2023 30.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-1,40% -17,35% 15,57% -10,19%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu SPORTTOTAL AG  ISIN: DE000A1EMG56 können Sie bei EQS abrufen


Medien (Dienstleistungen) , A1EMG5 , WIG1 , XETR:WIG1