31.03.2022 11880 Solutions AG  DE0005118806

DGAP-News: 11880 Solutions AG looks back on successful 2021 financial year: revenue and EBITDA massively improved


 

DGAP-News: 11880 Solutions AG / Key word(s): Annual Results/Annual Report
11880 Solutions AG looks back on successful 2021 financial year: revenue and EBITDA massively improved

31.03.2022 / 08:00
The issuer is solely responsible for the content of this announcement.


Essen, 31 March 2022 - 11880 Solutions AG today announced that it grew its revenue by 11.3 percent to EUR 56.5 million in the 2021 financial year (2020: EUR 50.8 million). Consolidated EBITDA almost doubled year-on-year to EUR 5.8 million (2020: EUR 3.0 million), well above the original full-year forecast issued for 2021.

At EUR 1.0 million, the Company in financial year 2021 posted a net profit for the first time in nine years. The last time it managed to generate after-tax profit before that was in financial year 2012.

The jump in revenue was primarily the result of the digital business, which generated EUR 43.7 million (2020: EUR 38.3 million), up 14.2 percent on the previous year. EBITDA in this segment rose from EUR 2.8 million in 2020 to EUR 5.6 million in the 2021 financial year.

The Directory Assistance segment contributed EUR 12.8 million to revenue (2020: EUR 12.5 million), an increase of 2.4 percent from the previous year despite the continued decline in directory assistance call volumes. This positive performance was due to rising demand in the call centre third-party business, where 11880 employees provide customer service on behalf of third parties. EBITDA in this segment was unchanged from the previous year at EUR 0.2 million (2020: EUR 0.2 million).

"We are delighted to have successfully maintained our growth trajectory in the 2021 financial year despite the effects of the pandemic and the cyberattack on our company," said Christian Maar, CEO of 11880 Solutions AG. "We aim to continue this growth in 2022 by steadily expanding and optimising our product portfolio and agreeing partnerships and mergers. In light of the massive increase in personnel, energy and security costs, we will raise our prices in the Digital business in mid-May for the first time in six years to ensure that we can continue to deliver innovation for our customers in the future."

Over the last two years, the pandemic prompted a growing number of small companies to present their products and services effectively online, providing a further boost to 11880 Solutions AG's growth strategy. The Company is also seeking to increase its revenue in the Digital business in 2022. In the Directory Assistance segment, the call centre third-party business in particular is set to be expanded further.

For the 2022 financial year, 11880 Solutions AG expects to generate consolidated revenue between EUR 54.8 and EUR 60.6 million and EBITDA between EUR 3.3 and EUR 4.3 million.

The 2021 Annual Report of 11880 Solutions AG is available for download at:
https://ir.11880.com/finanzberichte




Contact:
Anja Meyer
11880 Solutions AG
Tel.: 0201 / 8099-188
E-Mail: [email protected]


31.03.2022 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: 11880 Solutions AG
Hohenzollernstraße 24
45128 Essen
Germany
Phone: 0201-80990
E-mail: [email protected]
Internet: www.11880.com
ISIN: DE0005118806, DE0005118806, ,
WKN: 511880, 511880
Indices: Prime All Share
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1316085

 
End of News DGAP News Service

1316085  31.03.2022 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 41,27 42,92 47,67 50,80 56,53 56,02 61,00
EBITDA1,2 -2,30 0,98 2,76 2,97 5,84 2,38 3,30
EBITDA-Marge3 -5,57 2,28 5,79 5,85 10,33 4,25
EBIT1,4 -10,09 -3,05 -2,11 -2,66 -0,33 -3,37 -2,40
EBIT-Marge5 -24,45 -7,11 -4,43 -5,24 -0,58 -6,02 -3,93
Jahresüberschuss1 -9,63 -3,11 -3,18 -2,31 1,04 -3,49 -2,80
Netto-Marge6 -23,33 -7,25 -6,67 -4,55 1,84 -6,23 -4,59
Cashflow1,7 -2,51 1,26 4,40 2,47 4,24 -0,30 0,00
Ergebnis je Aktie8 -0,50 -0,16 -0,16 -0,10 0,04 -0,14 -0,13
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: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
11880 Solutions
WKN Kurs in € Einschätzung Börsenwert in Mio. €
511880 0,705 Halten 18,49
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
35,25 39,25 0,90 -2,60
KBV KCV KUV EV/EBITDA
3,87 - 0,33 7,25
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 19.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2024 08.08.2024 09.11.2023 10.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-0,98% -13,60% -6,62% -32,21%
    
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