12.08.2022 ZEAL Network SE  DE000ZEAL241

DGAP-Adhoc: ZEAL Network SE: Subsidiary myLotto24 obtains final annulment of VAT assessment


 

DGAP-Ad-hoc: ZEAL Network SE / Key word(s): Legal Matter
ZEAL Network SE: Subsidiary myLotto24 obtains final annulment of VAT assessment

12-Aug-2022 / 09:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


ZEAL Network SE: Subsidiary myLotto24 obtains final annulment of VAT assessment

(Hamburg, 12 August 2022) myLotto24 Limited, London, United Kingdom, a wholly-owned subsidiary of ZEAL Network SE, has prevailed in the appeal proceedings before the German Federal Fiscal Court (Bundesfinanzhof) regarding the assessment of VAT in relation to its former secondary lottery business. The Federal Fiscal Court has rejected the appeal of the tax authority (Finanzamt) Hannover-Nord against the decision of the Fiscal Court of Hanover (Finanzgericht Hannover) of November 2019 with final effect. The written reasons for the decision are not yet available to myLotto24 Limited.

Repayment by the tax authority of the interim payment of around EUR 54 million made by myLotto24 Limited plus interest of around EUR 1.8 million is expected in the coming weeks.

The payments will have no impact on ZEAL's income statement, as the corresponding receivable was already recognized as other assets.

As a result of the successful conclusion of the tax litigation, ZEAL will have additional free liquidity of around 56 million euros available. We will assess the extent to which it makes sense to use these funds in the coming years for operational purposes, including business expansion. In addition, a distribution to shareholders in the form of dividends or by way of a share buyback program is also possible. Any such measures would be announced separately.

Contact:
Frank Hoffmann
Senior Investor Relations Manager
T: +49 (0)40 809036042
[email protected]

 

 

 

 


12-Aug-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: ZEAL Network SE
Straßenbahnring 11
20251 Hamburg
Germany
Phone: +49 (0)40 8090360-42
Fax: +49 (0)40 822239-77
E-mail: [email protected]
Internet: www.zealnetwork.de
ISIN: DE000ZEAL241
WKN: ZEAL24
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1419203

 
End of Announcement DGAP News Service

1419203  12-Aug-2022 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 112,94 134,30 154,75 113,48 87,02 83,33 0,00
EBITDA1,2 40,12 26,44 38,31 17,91 17,33 27,73 0,00
EBITDA-Marge3 35,52 19,69 24,76 15,78 19,91 33,28 0,00
EBIT1,4 37,96 25,18 38,31 9,07 5,38 19,05 0,00
EBIT-Marge5 33,61 18,75 24,76 7,99 6,18 22,86 0,00
Jahresüberschuss1 25,95 17,18 26,66 1,72 7,89 11,40 0,00
Netto-Marge6 22,98 12,79 17,23 1,52 9,07 13,68 0,00
Cashflow1,7 33,74 13,41 38,20 5,30 5,37 26,16 0,00
Ergebnis je Aktie8 3,09 2,05 3,18 0,09 0,37 0,48 1,50
Dividende8 1,00 1,00 1,00 0,80 0,90 2,10 1,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - 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: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
ZEAL Network
WKN Kurs in € Einschätzung Börsenwert in Mio. €
ZEAL24 27,750 Halten 621,49
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
15,86 17,37 0,91 23,56
KBV KCV KUV EV/EBITDA
1,88 23,76 7,46 20,77
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,90 2,10 7,57 30.06.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
12.05.2022 11.08.2022 10.11.2022 24.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-10,41% -21,61% -30,28% -32,65%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu ZEAL Network SE  ISIN: DE000ZEAL241 können Sie bei DGAP abrufen


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