08.04.2022 elumeo SE  DE000A11Q059

DGAP-News: elumeo SE: elumeo SE publishes preliminary figures for 2021: Significant increase in revenue, adjusted EBITDA and net profit - video shopping app Jooli exceeds expectations in India


 

DGAP-News: elumeo SE / Key word(s): Preliminary Results
elumeo SE: elumeo SE publishes preliminary figures for 2021: Significant increase in revenue, adjusted EBITDA and net profit - video shopping app Jooli exceeds expectations in India

08.04.2022 / 08:05
The issuer is solely responsible for the content of this announcement.


 

elumeo SE publishes preliminary figures for 2021: Significant increase in revenue, adjusted EBITDA and net profit - video shopping app Jooli exceeds expectations in India

 

- Revenue increases by 20% to EUR 50.7 million (previous year: EUR 42.4 million)

- Adjusted EBITDA more than quintupled to EUR 4.9 million (previous year: EUR 0.9 million)

- Profit after taxes increases from EUR 0.2 million to EUR 9.3 million

- Video shopping app Jooli grows to over 100 channels and more than 1.6 million videos played after launch in India - version for the US market to be launched in second quarter of 2022

- Operational responsibility to be transferred from Wolfgang Boyé to Florian Spatz by the end of the second quarter of 2022

- Wolfgang Boyé to remain Chairman of the Executive Board of elumeo and focus operationally on the development of the wholly owned subsidiary Jooli.com GmbH

Berlin, 8 April 2022 - elumeo SE (ISIN DE000A11Q059), the leading electronic retailer of gemstone jewelry in Europe, has published its preliminary figures for its 2021 Consolidated Financial Statements. The company achieved a significant increase in revenue, adjusted EBITDA and consolidated earnings in 2021.

In financial year 2021, revenue rose by 20% to EUR 50.7 million (previous year: EUR 42.4 million). Adjusted earnings before interest, taxes, depreciation and amortisation (adjusted EBITDA) also improved significantly to EUR 4.9 million in the same period, compared to EUR 0.9 million in 2020, and was thus in the upper range of the forecast, which called for a figure in the low to mid-single-digit million range. Consolidated net income increased significantly by EUR 9.1 million from EUR 0.2 million in the previous year to EUR 9.3 million. The Group's equity rose from EUR 4.3 million to EUR 13.7 million due to the significant rise in earnings.

"Financial year 2021 was one of the best in the company's history. The employees of elumeo have defied the adversities of the COVID-19 pandemic and successfully mastered the challenges. We have now posted positive figures for seven quarters in a row, impressively confirming the turnaround," commented Wolfgang Boyé, Chairman of the Executive Board of elumeo SE. "We have succeeded in achieving a significant increase in sales revenues in all sales channels compared to the previous year. The development of our web business, which exceeded the growth rate of the entire German e-commerce industry by more than 50% was particularly outstanding. The main success factor here was the significant increase in our new web customers by 75% compared to the previous year," added Florian Spatz, Chief Sales Officer for the Group.

elumeo continues to significantly exceed expectations with its intuitive, AI-driven video shopping app Jooli, which was launched in Germany in April 2021. After its launch in the Indian market, the app, which focuses on moving images and entertainment, expanded to a total of more than 100 channels by March 2022 and already had more than 130,000 users and 1.6 million videos played in Germany and India by the end of March 2022.

Jooli founder Wolfgang Boyé: "The development in the Indian market in particular significantly exceeds our expectations. In March 2022 alone, we added 27 new channels in India." Based on its success so

far, Jooli will launch a version for the US market in the second quarter of 2022. This will offer channels exclusively related to jewelry to start with. In addition, Jooli has recruited Aykut Çevik, an experienced CTO (Chief Technology Officer), to the company. "A highly motivated and at the same time strong team as well as cloud-native development will support us in establishing Jooli quickly and efficiently as the most successful video shopping app on the market," says Çevik in commenting on his start at Jooli. This means that the building of the team for jooli.com in the first phase of the company's development is largely complete.

Wolfgang Boyé will focus operationally on the development of the 100% elumeo subsidiary Jooli.com GmbH in the future and hand over operational responsibility for the elumeo Group to the previous Chief Sales Officer and Managing Director, Florian Spatz. The handover is expected to be completed by the end of the second quarter of 2022. Boyé will remain Chairman of the Executive Board of elumeo.

With the publication of the final figures for financial year 2021 on 26 April 2022, elumeo SE will also announce a forecast corridor for the company's development in 2022.

About elumeo SE:

The elumeo Group, headquartered in Berlin, is the leading European company in the electronic direct sales of high-quality, gemstone jewelry. Through a variety of electronic sales channels (TV, Internet, Smart TV and a smartphone app), the listed company offers its customers, in particular, colored gemstone jewelry at attractive prices. The elumeo Group operates home shopping TV channels in Germany and Italy as well as web shops in Germany, the UK, Italy, France, the Netherlands, Spain and Belgium. With its wholly owned subsidiary, the elumeo Group operates the AI-controlled video shopping app jooli.com.

 

Contact

elumeo SE/ Investor Relations
Erkelenzdamm 59/61
10999 Berlin, Germany
Phone: +49 30 69 59 79-231
Fax: +49 30 69 59 79-650
[email protected]
www.elumeo.com




Contact:
Bernd Fischer, managing director (CFO).


08.04.2022 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: elumeo SE
Erkelenzdamm 59/61, Portal 3b
10999 Berlin
Germany
Phone: +49 30 69 59 79-0
Fax: +49 30 69 59 79-20
E-mail: [email protected]
Internet: www.elumeo.com
ISIN: DE000A11Q059
WKN: A11Q05
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart
EQS News ID: 1323527

 
End of News DGAP News Service

1323527  08.04.2022 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 67,56 51,12 44,09 42,42 50,68 45,84 45,39
EBITDA1,2 -0,01 -17,49 -2,13 1,22 2,93 -0,46 -1,97
EBITDA-Marge3 -0,01 -34,21 -4,83 2,88 5,78 -1,00
EBIT1,4 -1,60 -18,43 -2,35 0,29 1,98 -1,40 -2,85
EBIT-Marge5 -2,37 -36,05 -5,33 0,68 3,91 -3,05 -6,28
Jahresüberschuss1 -6,04 -27,40 -2,60 0,15 9,24 -3,33 -3,26
Netto-Marge6 -8,94 -53,60 -5,90 0,35 18,23 -7,26 -7,18
Cashflow1,7 -4,70 -6,29 0,78 2,43 1,19 -1,42 -0,09
Ergebnis je Aktie8 -1,10 -4,98 -0,47 0,03 1,68 -0,60 -0,20
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - 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: Mazars

INVESTOR-INFORMATIONEN
©boersengefluester.de
Elumeo
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A11Q05 2,440 Halten 13,85
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
27,11 4,17 6,51 -2,56
KBV KCV KUV EV/EBITDA
1,72 - 0,31 -6,93
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 21.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
13.05.2024 14.08.2024 14.11.2024 30.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
4,01% -4,50% -9,63% -3,94%
    
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E-Commerce , A11Q05 , ELB , XETR:ELB