05.12.2022 Allterco JSCo  BG1100003166

EQS-News: Allterco JSCo confirms raised guidance at upper end of range after successful Black Friday and continues international expansion


EQS-News: Allterco JSCo / Key word(s): Development of Sales/Forecast
Allterco JSCo confirms raised guidance at upper end of range after successful Black Friday and continues international expansion

05.12.2022 / 08:45 CET/CEST
The issuer is solely responsible for the content of this announcement.

Allterco JSCo confirms raised guidance at upper end of range after successful Black Friday and continues international expansion

  • Black Friday sales up 44% YoY to EUR 6.8 million
  • Raised guidance confirmed at upper end of range with revenues of EUR 4546 million and EBIT of EUR 10-10.5 million for FY22
  • Founding of R&D hub in Ireland


Sofia / Munich, 5 December 2022 – Allterco JSCo (ticker A4L / ISIN: BG1100003166) ("Allterco"), an international provider of IoT and smart home solutions, recorded an increase in Black Friday sales with more than half a million home automation devices sold for a total of over EUR 6.8 million (BGN 13.2 million), equaling a growth of 44% compared to the previous year. Consumers from over 100 countries around the world took advantage of the special offers and ordered their Shelly devices, with the greatest interest being observed in Germany and Italy, followed by Spain, Portugal, Netherlands, Austria, and Belgium. Here, the targeted increase in investments in sales and R&D structures in the current fiscal year had a noticeable impact. With the successful Black Friday sales, the Company confirms the raised forecast at the upper end of the range with revenues of EUR 45-46 million and EBIT of EUR 10-10.5 million for FY22.

To accelerate its international expansion, Allterco has selected Dublin, Ireland, the global stronghold and talent pool of IT development, as the base for its latest R&D hub. The Company has already been able to recruit experienced senior executives who have demonstrated visionary drive in the realization of the smart home of the future in positions at leading international IT companies. For Allterco, making this leap marks the next milestone in taking product development to a new level.

Dimitar Dimitrov, Co-CEO of Allterco JSCo, commented: “The success of our Black Friday sales across all our geographic markets confirms that we are on the right track with our expansion strategy. With the new development hub in Ireland, we are attracting high-caliber IT specialists to continuously improve the research and development process, thus consistently pursuing our expansion strategy. We are looking forward to the new impulses from this buzzing and dazzling developer scene in Ireland, which is as international as Allterco itself.”

Wolfgang Kirsch, Co-CEO of Allterco JSCo, added: “The course of business in the current fiscal year and the Black Friday sales have highlighted the fact that it is crucial for our success to establish our development structures in line with our market entries. Allterco has customers in all major regions of the world. Our five international locations to date are a sign of our expansion drive, and Dublin is another addition to the list. We are pleased to underline the successes in fiscal 2022 with a confirmation of the raised guidance at its upper end of the range.”

About Allterco

Allterco JSCo is a technology holding company that stands for innovation through the development, manufacture, and distribution of high-quality IoT products. End users and their needs are always at the heart of development. Allterco was founded in Bulgaria and works with a team of young, talented developers who are dedicated to producing competitive and user-friendly products. The Group consists of 5 subsidiary companies and has offices in Bulgaria, China, USA and Germany. Allterco’s products have already conquered over 100 markets. Allterco JSCo has been listed on the Bulgarian Stock Exchange since December 2016 and on the Frankfurt Stock Exchange as of November 2021 where its shares are traded under GSIN A2DGX9, ISIN BG1100003166, ticker A4L.

Contact Investor Relations

CROSS ALLIANCE communication GmbH
Sven Pauly
Phone: +49 89 125 09 0331
Mail: [email protected]

05.12.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Language: English
Company: Allterco JSCo
103 Cherny Vrah Bldv
1407 Sofia
E-mail: [email protected]
Internet: www.allterco.com
ISIN: BG1100003166
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin
EQS News ID: 1504475

End of News EQS News Service

1504475  05.12.2022 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 0,00 19,99 23,09 17,11 23,69 30,55 46,00
EBITDA1,2 0,00 2,02 2,08 0,46 8,26 10,10 33,40
EBITDA-Marge3 0,00 10,11 9,01 2,69 34,87 33,06 72,61
EBIT1,4 0,00 1,67 1,72 0,05 8,08 9,56 10,50
EBIT-Marge5 0,00 8,35 7,45 0,29 34,11 31,29 22,83
Jahresüberschuss1 0,00 1,38 1,33 3,73 6,87 8,16 9,25
Netto-Marge6 0,00 6,90 5,76 21,80 29,00 26,71 20,11
Cashflow1,7 0,00 0,68 0,30 3,25 2,07 4,15 4,90
Ergebnis je Aktie8 0,00 0,08 0,07 0,20 0,38 0,45 0,51
Dividende8 0,00 0,00 0,00 0,00 0,10 0,05 0,07
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: Primorska Audit Company

WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2DGX9 11,650 Beobachten 209,70
KGV 2024e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
16,64 20,86 0,77 34,47
6,43 50,48 6,86 19,32
Dividende '22 in € Dividende '23e in € Div.-Rendite '22e
in %
0,07 0,07 0,60 27.06.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
03.05.2022 13.07.2022 14.11.2022 28.04.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
7,06% 17,56% 10,95% 20,73%
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Elektrotechnik , A2DGX9 , A4L , FWB:A4L