31.03.2021 JDC Group AG  DE000A0B9N37

DGAP-News: JDC Group AG: JDC Group AG confirms positive figures and outlook - and wins TOP 100 award for Germany's innovation champions


DGAP-News: JDC Group AG / Key word(s): Annual Report
JDC Group AG: JDC Group AG confirms positive figures and outlook - and wins TOP 100 award for Germany's innovation champions

31.03.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

JDC Group AG confirms positive figures and outlook - and wins TOP 100 award for Germany's innovation champions

- Revenue grows by 10.2 percent to EUR 122.8 million in 2020

- EBITDA up significantly at EUR 5.1 million (or EUR 5.8 million after adjustment for non-recurring items) compared with EUR 4.2 million in 2019

- Further significant growth and higher earnings expected in 2021 and beyond

- JDC wins award for innovativeness: Germany's TOP 100 champion innovator

JDC Group AG (ISIN DE000A0B9N37) has published its financial results for 2020, confirming the preliminary figures published on 8 March.

Earnings growth continues to accelerate

Despite the Covid-19 pandemic, the consolidated revenue increased by 10.2 percent to EUR 122.8 million in 2020 (2019: EUR 111.5 million). Earnings before interest, tax, depreciation and amortisation (EBITDA) showed significant growth at EUR 5.1 million, increasing to EUR 5.8 million after adjustment for non-recurring expenses of EUR 0.7 million for the head office move, remote working infrastructure and severance packages (2019: EUR 4.2 million). Earnings before interest and tax (EBIT) increased to EUR 0.5 million - or EUR 1.2 million after adjustment for non-recurring expenses - also representing a marked improvement on the previous year (2019: EUR -0.1 million).

In the promising platform business (Advisortech segment), revenues grew by an even higher rate of 11.2 percent, to EUR 102.6 million (previous year: EUR 92.3 million). In the Advisory segment, revenues grew by around 3 percent to EUR 30.9 million, despite the pandemic (previous year: EUR 29.9 million). 

The key financial figures 2020 were as follows:

  2020 2019 Change Change
  [kEUR] [kEUR] abs. %
Revenues 122.834 111.471 11.363 10,2
thereof Advisortech 102.579 92.285 10.294 11,2
thereof Advisory 30.859 29.910 949 3,2
Adjusted EBITDA 5.825 4.166 1.659 39,8
EBITDA 5.125 4.166 959 23,0
EBITDA-Margin [%] 4,2 3,7    
Adjusted EBIT 1.197 -145 1.342 >100,0
EBIT 497 -145 642 >100,0
EBIT-Margin [%] 0,4 -0,1    

Expansion of technical platform progressing

JDC Group AG acquired further key accounts in 2020. Having already signed collaboration agreements with Boehringer Ingelheim Secura Versicherungsvermittlungs GmbH (BI Secura) and with InsureDirect24 Assekuranz GmbH (InsureDirect24) - the direct customer support business of Nürnberger Versicherung -, the company gained Sparkasse Bremen, with its insurance broker s mobile, as a client for the JDC platform technology in the third quarter. This was JDC's first step into the savings bank sector, which should prove extremely important for the further growth of the Group.

Important milestones in 2021 so far

One of the most important steps in the history of the JDC Group AG to date is the initiation of the collaboration with the Provinzial insurance group and its around 120 savings banks. A joint venture is being created by JDC and Provinzial, through which a digital insurance platform based on JDC's information technology systems and services is to be provided to the savings banks and their customers in Provinzial's business region. The joint business plan projects the number of customers using this digital insurance platform at around a million within five years. For JDC Group, this could mean revenue growth of up to EUR 100 million in the next five to seven years.

However, JDC's teams were also successful in areas apart from this major project. Germany's leading multi-banking app Finanzguru is JDC's newest platform client. With the help of JDC's platform technology, Finanzguru will also allow its customers to manage and conclude insurance policies. JDC is also to handle all the insurance business of Banca Mediolanum (MIL) in Germany. Via an interface to the JDC platform, MIL's entire German insurance business is to be handled through our platform. This will give customers and intermediaries in Germany access to the entire product range of MIL's German branch office.

Also, JDC Group AG received an important innovation award in January 2021. It is now one of Germany's TOP 100 innovation champions. JDC impressed the jury of academics in all the test categories: fostering of innovation by management, innovative climate, innovative processes and organisation, outward orientation / open innovation, and innovation success. It can now take its place among the most innovative companies in Germany.

Ralph Konrad, CFO of the JDC Group AG, commented: 'We are entirely satisfied with how the company has performed in 2020. We have now reached the size of undertaking at which further increases in revenues have a disproportionately positive impact on profits, and this is shown clearly in the figures for 2020. Without the Covid-19 restrictions we could have achieved even better results, and this makes us very confident about the near future.'

Dr Sebastian Grabmaier, CEO of the JDC Group AG, added: 'Our acquisition of well-known platform customers from all areas, most recently Finanzguru, Mediolanum and the insurance group Provinzial, shows that the JDC platform technology is setting standards in the processing and administration of insurance contracts and data. For the coming years, therefore, we have ambitious plans: profits will grow further through a sustained increase in revenues accompanied by only slightly rising costs. By 2025 at the latest, we plan to double JDC Group's 2020 revenues and thus multiply the 2020 EBITDA figure. In the long term we want to develop JDC into the leading insurance platform in Europe.'
In 2021, on the basis of collaborations already in place, the company expects revenues to grow to between EUR 135 million and EUR 142 million and EBITDA to rise to more than EUR 7 million.

The full annual report for 2020 is in the investor relations section of JDC Group's website at www.jdcgroup.de.
The letter to shareholders for the first quarter of 2021 will be published on 12 May 2021.

About JDC Group AG

JDC Group AG (ISIN: DE000A0B9N37) offers a digital platform for insurance companies, mutual funds and all other financial products and services under the brands Jung, DMS & Cie., allesmeins and Geld.de. By offering the full product range and complete data and document supply of all product providers in the financial market, it creates through its vision systems and interfaces the perfect workplace for financial intermediaries of all kinds (brokers, agents, corporate brokers, banks, tied agent networks, FinTechs) and the first real financial home for financial service customers. Via smartphone app, tablet or PC, customers and intermediaries receive a complete overview of the individual insurance and fund portfolio, simple online tools and transfer processes as well as a complete market comparison, so that customers and consultants can optimize insurance cover and pension plans easily and in an ideal performance-cost ratio. More than 300 well-trained consultants under the FiNUM brand complement the platform offering for demanding and upscale private customers. With more than 16,000 connected platform users, around 1.5 million customers, annual sales of around two billion euros, a fund portfolio of more than five billion euros and annual insurance premiums of almost 800 million euros, we are one of the market leaders in the German-speaking region. JDC focuses on sustainability and is committed to the ESG criteria: As a digitalization service provider, JDC helps to save many tons of paper and make everyday life of financial intermediaries and customers easier.


The members of the Management Board of JDC Group AG hold stakes in JDC Group AG and have a personal interest in the type and content of the information given in this announcement.


JDC Group AG

Ralf Funke
Investor Relations
Phone: +49 611 335322-00
Email: [email protected]

31.03.2021 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
Söhnleinstraße 8
65201 Wiesbaden
Phone: +49 (0) 611 335322-00
Fax: +49 (0) 611 335322-09
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: 1179904

End of News DGAP News Service

1179904  31.03.2021 


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 23,300 Kaufen 318,48
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
41,61 0,00 0,00 -63,84
11,27 35,89 2,59 37,29
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
-6,33% 19,04% -5,28% 142,20%
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